Business Specialties
INTERNATIONAL: Hines Launches $250M M-F Program in India’s Urban Areas
Global real estate firm Hines is launching Hines India Residential, with the purpose of investing in multi-phased, for-sale residential developments that require long-term equity capital.
ASB Merges Two Leading Data Centers to Form National Data Center Operator
ASB Real Estate Investments has formed Infomart Data Centers, a national data center operator that rises out of a merger between Dallas Infomart and Fortune Data Centers.
Berkadia Secures $107M for 7 M-F Properties in Las Vegas
A portfolio of seven multi-family properties in Las Vegas owned by Interwest Capital and Angelo, Gordon & Co. received $107 million in financing arranged by Berkadia Commercial Mortgage.
C&W, Spire Ventures Partner with Property-Focused Tech Accelerator in London
Cushman & Wakefield has joined forces with Spire Ventures on a new strategic partnership with London-based Pi Labs, the very first property-focused technology accelerator company in Europe.
Carey Watermark Investors Buys Florida Resort & Spa
Carey Watermark Investors has acquired the Sawgrass Marriott Golf Resort & Spa, a 511-unit resort in Ponte Vedra Beach, Fla., from an affiliate of Goldman Sachs and Petra Capital Management.
EXPO Real Special Report: Redeveloping Cities in the Age of Startup
The second day at EXPO Real in Munich highlighted organization of urban areas to manage the advent of the Digital Age.
Anbang Acquires Waldorf Astoria NY for $1.95B
Anbang Insurance Group Co. has acquired the historic Waldorf Astoria New York from Hilton Worldwide Holdings for $1.95 billion, although the U.S.-based hotel chain will continue to operate the property for the next century.
Colliers Arranges $175M Loan for Granada Highlands in Malden, Mass.
Colliers International has arranged $175 million in financing through JP Morgan Chase for Granada Highlands, a gated multi-family community in Malden, Mass., owned by Metropolitan Properties of America.
$2B Miami Mixed-Use Project Takes Big Step Forward
The $2 billion Miami Worldcenter, one of the largest private real estate developments underway in the U.S., has just moved one significant step closer to realization.
INTERNATIONAL: Karlin Grabs Retail Portfolio in Spain, Portugal from Redevco
L.A.-based Karlin Real Estate has acquired a portfolio of more than 247,000 square feet of retail properties located in Spain and Portugal from developer-investor Redevco.