Business Specialties
Marriott Vacations Kicks Off Third Phase of 223-Unit Timeshare in Las Vegas
Seven years after opening Marriott’s Grand Chateau in Las Vegas, Marriott Vacations Worldwide Corp. has commenced construction of the third tower at the complex of ownership villas.
Suburban Boston Office/R&D Property Commands $93.5M
Real Estate Capital Partners USA Capital Trust sold the trophy asset at 174 & 176 Middlesex Turnpike in Bedford, Mass., to Cole Real Estate Investments.
Harbert Buys Lockhill Selma Office Property in San Antonio
By Camelia Bulea, Associate Editor Harbert United States Real Estate Fund IV L.P. announced the acquisition of 4350 Lockhill Selma, a three-story, 116,545-square-foot Class A office building in San Antonio. Additionally, the company bought the adjacent land parcel, on which it plans to develop a second phase. Financial terms were not disclosed. Travis Pritchett, managing […]
RREEF Details $290M Investment in Manhattan Retail Condo
The mezzanine loan underscores the investment management firm’s record of pursuing blue-chip retail properties in Manhattan.
Macerich Taps Developers for $600M Mixed-Use Suburban D.C. Project
Hines, Kettler and Woodbine Development Corp. will integrate office, residential and hotel components into the 44-year-old Tysons Corner Center regional mall.
Archon Buys Colorado Apartment Portfolio for $90M
The transaction is reportedly Colorado’s largest multi-family portfolio sale to a single buyer since 2006.
AFL-CIO Provides $90M for Rehab of Boston Affordable Housing
The investment in MassHousing bonds and notes will help finance the $148 million renovation of 338 units at two low-income properties.
Atterbury Launches $3B M-U Urban Development in South Africa
Atterbury Property Group has launched its $3 billion Waterfall Business Estate, one of the most ambitious mixed-use urban development projects in South Africa.
Olympics Games’ Centerpiece Gets Architectural Acknowledgment
With the London Olympic Games underway, more than 10,000 athletes are attracting the world’s attention. But winning the right to host the Games requires the ability to provide appropriate venues in which to showcase talent, and this year’s Olympic Stadium is no exception.
Tishman Refinances Renowned French Office Tower for $571M
Lenders are not exactly generous with loans these days, but they are shining their light upon certain properties, and Tishman Speyer’s Lumière Building in Paris is one of them.