Business Specialties
Partners Group Breaks Record with Closing of $1.9B Secondaries Program
Switzerland’s Partners Group has made history with the closing of Partners Group Real Estate Secondary 2013 at its hard cap of $1.9 billion.
RCS to Acquire Cole Capital for $700M
American Realty Capital Properties is selling Cole Capital to sister company RCS Capital Corp. for at least $700 million in a deal described as “strategically and financially important to RCAP.”
Cornerstone Grabs 368-Unit M-F Community in Stamford, Conn.
Cornerstone Apartments Property Owner has acquired Cornerstone at Bedford, a 13-story apartment community in Stamford, Conn., for $75 million from Fairfield Bedford.
Tishman JV Buys Historic Midtown South Building
A joint venture between Tishman Speyer and The Cogswell-Lee Development Group has purchased 183 Madison Ave., an Art Deco office building in Manhattan’s Midtown South office district.
Pondering Interest Rates
By Paul Daneshrad, CEO, StarPoint Properties: If you were to ask 100 economists what is going to happen to interest rates over the next two to three years, I am certain 95 would say they are going to rise, and I might have agreed with them a month ago.
Why Sell Now?
By Robert Bach, Director of Research – Americas, Newmark Grubb Knight Frank: It’s a seller’s market right now for most property types.
Durst JV Invests $1.5B in Astoria, Queens
Best known for developing and managing Manhattan office towers, The Durst Organization is investing $1.5 billion in a residential and retail development at Hallets Point on the Astoria, Queens, waterfront.
John Hancock Buys Office Tower in Chicago’s CBD
John Hancock Real Estate has acquired 55 W. Monroe, an 804,214-square-foot Class A office building located in Chicago’s Central Business District’s Central Loop.
Walker & Dunlop to Acquire Johnson Capital’s Loan Platform
Walker & Dunlop Inc. has signed on to acquire the loan origination and servicing platform of Johnson Capital.
The October digital issue of CPE is now available!
From the Editor: Building Confidence News Analysis: The DLA Piper Real Estate Summit and Market Survey Much of the discussion at DLA Piper’s real estate summit in Chicago centered on the rapidly growing economy and its effects on commercial real estate. TrendTalk The real estate market for legalized marijuana, George Ratiu on consumers and jobs, and Bryan Hancock on vetting crowdfunding deals. Cover Story: Pioneer Spirit Arturo Sneider’s Primestor Development has forged new territory with its shopping centers, introducing retailers to underserved urban communities. Special Report: Sea Change As the Panama Canal expansion progresses, the industrial real estate sector is…
You must be logged in to post a comment.