Business Specialties
Two Connecticut M-F Properties Reel in $96M in Financing
LCOR has secured $96 million in financing for Greenwich Place and Greenwich Oaks two apartment communities offering an aggregate 396 units in Greenwich, Conn.
Cruzan|Monroe Nabs DiamondView Tower in San Diego for $121M
San Diego-based commercial real estate investor and developer Cruzan|Monroe, along with Cigna Investments Inc., have acquired DiamondView Tower, a 15-story 305,255-square-foot Class A office tower in San Diego for $121 million.
CBRE Acquires 369 KSF of Dallas-Area Buildings
Everything’s bigger in the Lone Star State, and so goes a recent transaction between Equity Office Properties Trust and a CBRE Global Investors Fund, which bought two Class A office buildings in North Dallas totaling 369,000 square feet for an undisclosed amount.
CNN’s DC Home Trades for $107M
The 298,500-square-foot office building at 820 First St. in the northeast sector of Washington, D.C., has come under new ownership.
Pebblebrook Grabs Hotel Palomar San Francisco for $58M
Pebblebrook Hotel Trust has added a fourth San Francisco hotel to its portfolio with the acquisition of Hotel Palomar San Francisco.
Phillips Edison–ARC REIT Buys 157 KSF Grocery-Anchored Center in Metro Cleveland
Phillips Edison–ARC Shopping Center REIT has acquired Brook Park Plaza, a 157,000-square-foot shopping center anchored by a Giant Eagle grocery store in Brook Park, Ohio, a suburb of Cleveland.
2012 Leading Lenders
Our 2012 survey of the leading lenders was designed to capture capital flows and help us explain how the capital stack is changing over time. While positive lending trends emerged in this survey, we still have a long way to go.
Veterans Offer Rx for Healthcare Property Management
A trio of industry veterans speaking at the Institute of Real Estate Management’s fall conference last week offered a snapshot of rapid changes in healthcare, which poses a challenge for real estate owners, as well as medical professionals.
Inland Diversified JV Buys Stake in 396 KSF Connecticut Retail Center
Inland Diversified Real Estate now owns a majority interest in The Crossing at Killingly Commons in Dayville Conn., having teamed up on the purchase of the 395,500-square-foot shopping center with Dayville Unit Investors L.L.C., an affiliate of the seller.
American Campus Communities to Acquire $863M in High-Quality Assets
ACC continues to add to its student housing stock around the United States, acquiring 19 properties with 12,049 beds for $863 million from affiliates of Kayne Anderson Capital Advisors L.P.