Business Specialties
Realco Capital Buys 2 Student Housing Properties in Tampa
Smith Equities Real Estate Investment Advisors secured Realco Capital Partners as the buyer of two student housing communities in Tampa, Fla., on behalf of two different sellers.
Carter Validus Acquires 2 Phoenix-Area Data Centers in $125M Sale-Leaseback Deal
In a $125 million sale-leaseback deal, Carter Validus Mission Critical REIT Inc. has acquired data centers in Phoenix and Scottsdale, Ariz., from IO.
U.S. to Remain Key Focus of Tel Aviv-based Clal Insurance’s CRE Expansion
Tel Aviv-headquartered Clal Insurance Group, Israel’s leading insurance, pension and financial services concern, has been busy building up its real estate portfolio in Israel and beyond, and the company has no intention of slowing down anytime soon.
Phillips-Edison Fund IV Portfolio Fetches $150M
Six months after tapping CBRE Group Inc. to market the nearly 1.4 million-square-foot Phillips-Edison Fund IV Portfolio, Phillips Edison Shopping Center Fund IV REIT L.L.C. has sold the group of nine retail properties.
The September digital issue of CPE is now available!
Special Focus: Investment and the Capital Markets
DPF Acquires Two Class A Office Buildings in Denver
Dividend Capital Diversified Property Fund Inc. has acquired two Class A office buildings in the Cherry Creek submarket of Denver.
AGC Releases Report on Construction Employment
A new study from the Associated General Contractors of America found that construction employment expanded in the majority of U.S. metro areas, though growth remains sluggish or nonexistent in certain markets.
INTERNATIONAL: Hines Taps Aconex for Construction Management Services at Bayside Waterfront in Toronto
Hines has picked Aconex to provide construction management services for the first phase of infrastructure at Bayside Waterfront, a $910 million mixed-use waterfront development in Toronto.
Walker & Dunlop Structures Financing for 1,032-Unit M-F Portfolio
Walker & Dunlop has structured a financing package for Key Real Estate Co.’s acquisition of a 1,032-unit apartment portfolio in Texas and Louisiana.
Five Mile, Crocker Partners Sell Houston Office Tower to MetLife
The Lakes on Post Oak office complex is located in Houston’s Galleria/Uptown district.