Business Specialties
Vintage RE Purchases 1 MSF Mall in Atlanta Suburb
Vintage Real Estate has acquired Southlake Mall, a 1 million-square-foot shopping center in the Atlanta suburb of Morrow, Ga.
Constellation Hotels Buys 80% Interest for $240M in InterContinental New York Barclay
Constellation Barclay Holding U.S. has acquired an 80 percent stake in the historic 685-room InterContinental New York Barclay in Manhattan from InterContinental Hotels Group for $240 million.
CBRE to Sell Upscale Hotel in Midland Ireland
The Heritage Hotel, just an hour outside of Dublin, is being put up for sale by its current owner, and CBRE Hotels will be carrying out the transaction.
Madison International’s Fund V Closes Oversubscribed at $825M
Madison International Realty got more than it had originally anticipated for Madison International Real Estate Liquidity Fund V L.P. It closed with $825 million of equity commitments, marking a notable sum above its $750 million target.
Blackstone Acquires Nationwide Select-Service Portfolio
The Blackstone Group has acquired a 15-hotel portfolio comprising 1,856 keys located in Alabama, California, Connecticut, Florida, Pennsylvania and metropolitan Washington, D.C., from OTO Development.
Crow Holdings Capital Closes M-F Portfolio Sale
Crow Holdings Capital Partners continues making moves, this week announcing it has sold a 12-property Class A multi-family portfolio with 4,426 luxury units.
Harbor Group Int’l Acquires 55 Broadway for $157M
An affiliate of Harbor Group International has acquired the 358,600-square-foot Class A office property at 55 Broadway in Manhattan from an affiliate of Broad Street Development for $157 million.
HAP Investments to Buy 1 MSF Development Site in Jersey City for $400M
HAP Investments is under contract to acquire 500 Summit Ave., a nearly one-acre lot in Jersey City, in conjunction with its planned development of the Journal Square site into HAP Tower. It comprises a 42-story apartment building, offices and retail.
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