Business Specialties
USAA Real Estate JV Grabs 280-Unit Multi-Family Tower in Chicago
USAA Real Estate Co. recently joined forces with Golub & Co. to acquire Chestnut Place, a 280-unit apartment building in Chicago.
Moinian Secures Loan for Manhattan’s Largest Apartment Tower Under Construction
Development of 605 West 42nd St., The Moinian Group’s luxury residential tower, can continue now that the firm has secured a construction loan. The New York-based developer also announced that SL Green has signed on as an investor.
REI Investments Acquires Former GM Indianapolis Plant Property
REI Investments has acquired the former GM Indianapolis Stamping Plant property from RACER Trust. The City of Indianapolis has an option to acquire approximately 56 acres at the western edge of the property, which it is considering for construction of a consolidated city-county justice center.
Q&A with Bellwether President Ned Huffman
Ned Huffman, president of Bellwether Enterprise, talks about the company’s intention to merge with Towle Financial Services.
Bellwether Enterprise to Merge with Towle Financial Services
Bellwether Enterprise Real Estate Capital L.L.C. late last week announced its intention to merge with Towle Financial Services, a full-service mortgage banking firm with offices in Minneapolis and Detroit.
Rockefeller Group Acquires 236 KSF Office Portfolio in Beverly Hills
Rockefeller Group Investment Management Corp. has acquired UTA Plaza and The Ice House, a premier 236,000-square-foot portfolio on Civic Center Drive in Beverly Hills, Calif., from Tishman Speyer.
Grosvenor Buys M-F Asset in Suburban Washington for $108M
Grosvenor Americas has purchased Avalon Fair Oaks, a 491-unit apartment community in Fairfax, Va., and will rebrand the property Wheelhouse of Fair Oaks.
Cassidy Turley Acquires Synergy Commercial Advisors
Cassidy Turley is bolstering its presence in the Research Triangle with the acquisition of a six-year-old tenant rep firm.
INTERNATIONAL: French Polynesian Government to Head $3B Resort Development in Tahiti
The French Polynesian government is leading a nearly $3 billion resort development in Tahiti that is expected to reignite tourism and revitalize the economy of French Polynesia.
Realty Mogul Crowdfunds 150 KSF Georgetown Plaza in DC
Realty Mogul crowdfunded a 150,000-square-foot Washington, D.C., office property on behalf of JOSS Realty Partners.