Business Specialties
Silicon Valley Office Portfolio Yields $200M in Financing for Carl Berg
NorthMarq arranged financing for an unencumbered, 711,000-square-foot office portfolio in California’s Silicon Valley through Prudential Mortgage Capital Co.
CBRE Adds Environmental Firm to European Consulting Group
The acquisition of VALTEQ is the latest in a series of major moves by CBRE in Europe.
EPA, Freddie Mac Team Up on Energy Efficiency Plan
The agencies will examine how energy efficiency boosts affordability in multi-family assets financed by Freddie Mac.
Seller Finances Heitman JV’s Purchase of DC Office Building
A joint venture of Minshall Stewart Properties and an affiliate of Heitman L.L.C. secured the financing from Lone Star Funds to acquire 1401 New York Ave., N.W., in Washington, D.C.
Hines Selects Gehry Partners Design for Germany’s Tallest Residential Tower
International real estate firm Hines announced Gehry Partners has won the architectural competition for the company’s 300-unit apartment project in Berlin. Slated to rise to a maximum of 492 feet, the 39-story structure will likely become the tallest building in Berlin and the tallest residential tower in the entire country.
Achieving Security: Are Mall Owners Doing Enough?
As the investigation into the deadly weekend shooting at The Mall in Columbia in suburban Maryland continues, security experts and property owners and managers are once again trying to determine if they are providing enough security for the public and whether or not changes need to be made.
Starwood Picks Up Sizable REO Office, Retail Portfolio for $191M
Starwood Capital Group has completed, through a controlled affiliate, the acquisition of a pool of real estate-owned assets from special servicer CWCapital Asset Management L.L.C. for $191 million.
BentleyForbes, Del American Establish M-F Development Partnership
Real estate investment firm BentleyForbes has joined forces with apartment developer Del American Real Estate Group to create a new multi-family development company.
Emergency Response: The Changed Mindset at Malls
As the Mall in Columbia reopened after Friday’s shooting, CPE looks at how retail managers and first responders have been working together across the country to deal with what seems to be a growing phenomenon.
GF Management Affiliate Adds Orlando Hotel to its Portfolio
ESLBV Property Owner L.L.C., an affiliate of GF Management, has acquired the 334-room Embassy Suites Orlando-Lake Buena Vista and is planning a $13 million renovation to take place over the next year.