Business Specialties

MIPIM Special Series—Part One: Focus China

Associate editor Eliza Theiss presents a focus on real estate investment in China, the first in a three-part series of reports on worldwide real estate based on presentations at the MIPIM world property market in March.

Chetrit, Clipper Land $115M in Financing for NYC Flatotel Project

Chetrit Group and Clipper Equity have taken a major monetary step forward with their plan to add new luxury condominiums to the Midtown Manhattan market.

KeyCorp Signs 15-Year Extension in Cleveland’s Key Tower

KeyCorp has extended its occupancy of approximately 487,000 square feet at the company’s namesake corporate headquarters at Key Tower in Cleveland.

Inland American Lodging Group Acquires 228-room Residence Inn Denver City Center for $80 Million

Inland American Lodging Group recently announced that it has acquired the 14-story Residence Inn by Marriott Denver City Center and the adjoining 448-space parking garage for a purchase price of $80 million. Continue reading

Behringer Harvard to Invest in Luxury M-F Development in Costa Mesa, Calif.

April has been a busy month for Behringer Harvard, which is announcing its investment in a third luxury multi-family housing development through its Behringer Harvard Multifamily REIT I Inc.

W Hotel, Residences to Debut in Tel Aviv

Starwood Hotels & Resorts Worldwide is bringing its W hotel brand to Israel. The company is partnering with private investment firm RFR Holding, to develop the country’s first W branded hotel.

Union Square L.L.C. Receives $400M in Loan Refinancing for Seattle Skyscrapers

Union Square L.L.C., owned by Washington Real Estate Holdings and a major pension fund investor, received $400 million in refinancing for Union Square, two office buildings in Seattle.

Rosemont Takes Denver WTC for $176M

Rosemont Realty pushes its presence in the metropolitan Denver market by 770,200 square feet with the acquisition of the Denver World Trade Center.

NCC to Build $60M Housing at the Port of Copenhagen

Leading construction and development company NCC has been named turn-key contractor for an approximately $60 million project in the Port of Copenhagen. The development is part of the new Nordhavnen city district.

Innovative Student Housing, Harrison Street Acquire Student Housing in Georgia

Innovative Student Housing and Harrison Street Real Estate Capital formed a JV to acquire College Station at Valdosta, a student housing property less than one mile from Valdosta State University in Valdosta, Ga.