Business Specialties
Exclusive: Sharp to Head JLL Corporate Solutions
Doug Sharp has been tapped as president of Jones Lang Lasalle’s Americas Corporate Solutions business. Enclosed is a video of the new JLL president discussing efficiency and change in productivity.
Clarion Enhances Presence in UK with New London Office
After undergoing a management buyout last year, Clarion Partners continues its expansion by opening an office in London and naming Jeroen Verheijden as the new senior vice president.
Bellwether Enterprise Provides $75M in Loans for Seven Properties
The multi-family commercial banking subsidiary of Enterprise Community Investment provided a loan to a Cincinnati-based owner for the refinancing of seven garden-style apartment properties.
Griffin-American Healthcare REIT Acquires Six Buildings for $109M
The healthcare REIT’s addition of the latest six buildings brings its total portfolio value to approximately $1 billion, based on the amount paid for the 121 buildings in 26 states.
Closing of Fourth Fund Arms Carmel Partners with $820M for M-F Shopping
Carmel Partners closed its fourth real estate fund at $820 million hard cap, which it will use to target the booming multi-family sector.
SL Green Shells Out $173M for Premium Manhattan Office Buildings
SL Green Realty bought two adjoining properties on Sixth Avenue from Atlas Capital Group, totaling 47,000 square feet of office real estate.
JLL, Royal Philips Electronics Create Global Lighting Partnership
JLL has teamed up with a global lighting leader to deliver energy-efficient lighting and energy management solutions to all of the company’s clients.
$93M Acquisition Financing Closes for 1,333-Unit Nashville Apartment Portfolio
As the Nashville multi-family market continues to blossom, Harbor Group has purchased three rental properties in Tennessee’s capital for $93 million.
Opus Breaks Ground on 127 KSF Build-to-Suit in Omaha
Opus Development has started work on a new home for Gavilon Group in Nebraska, which will be a Class A building incorporating sustainability.
DAMAC Completes Abu Dhabi Mixed-Use Development
A leading Middle Eastern developer has completed its very first Abu Dhabi development, a mixed-use property called Marina Bay.