Business Specialties
Blackstone Adds DDR as JV Partner in Purchase of 76 Shopping Centers from ARCP
Blackstone Group has added a joint venture partner, DDR Corp., to its plan to buy 76 shopping centers from American Realty Capital Properties for nearly $2 billion, including assumed debt of $461 million.
Deloitte Signs 113 KSF Lease in Iconic LA Tower
Deloitte has signed a long-term lease with Brookfield Office Properties for rent of 113,000 square feet in the iconic Gas Co. Tower in downtown Los Angeles.
Virtus Grabs 2 Dallas-Based M-F Housing Communities
To serve the growing Hispanic community in the area, Virtus Real Estate Capital has bought a portfolio of two multi-family housing properties in Dallas.
International Campus AG, Stichting DUWO Develop Student Housing, Studios in Netherlands
In its first international venture, International Campus AG has partnered with Stichting DUWO for the financing and development of student housing and studios targeting young professionals in the Netherlands.
FirstService Residential Realty Completes Management Buyout
FirstService Residential Realty, a national property management company based in Austin, has been purchased by its executive managers and is changing its name to The Rockbridge Group.
Chatham Lodging Closes $1.3B JV Hotel Portfolio Purchase
Chatham Lodging Trust, in a new joint venture with NorthStar Realty Finance Corp., has completed the two-part, $1.3 billion acquisition of the 51-property former Innkeepers USA Trust hotel portfolio.
Greystar Closes on $800M Multifamily Acquisition Fund
Greystar Real Estate Partners has closed its Greystar Equity Partners VIII, a discretionary commingled fund focused on the acquisition of value-add multi-family assets in the United States.
NAREE Special Report: Healthy Communities for the 21st Century
A discussion on Wednesday at the National Association of Real Estate Editors (NAREE) Spring Conference in Houston highlighted why creating happy and healthy spaces can also help keep a cheery bottom line.
The June digital edition of CPE is now available!
Editor’s Note: Healthy Prospects U.S. healthcare has been the subject of much debate over the years. It has repeatedly been compared to what’s offered in other countries, as politicians, insurance executives, medical professionals and a variety of other players consider new alternatives. News Story: Tech Companies Absorb San Francisco’s Leasing Market Within one week in April, more than 1.1 million square feet of Class A office space was pre-leased in San Francisco by just two technology firms. Trend Story: Out with the New, In with the Old? Sometimes, as with good wine, buildings get better with age. Cover Story: Rx for Growth New players,…
Q&A with Bellwether, Cumberland Execs on $700M Cleveland Lakefront Project
Ross Halloran, senior vice president of Bellwether, and Dick Pace, president of Cumberland Development, chat with Commercial Property Executive about taking on one of the largest multi-family construction projects in Cleveland.
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