Business Specialties
SunEdison Secures $300M for Solar Projects in U.S. & Canada
The solar energy services provider just obtained a $300 million three-year revolving credit facility through Deutsche Bank Securities Inc. and Rabobank.
Global Direct Investment Up 43% This Year: Jones Lang LaSalle
Transactions in Europe, the Americas and the Asia Pacific region totaled $297 billion through the third quarter.
Sabal Acquires $153M Loan Portfolio Secured by CRE
Purchased from a bank in the Midwest, the geographically diverse portfolio is secured by retail, office and industrial assets.
Kayne Anderson Takes 161-Unit Student Housing Complex Near USC
The $55 million property opened this fall.
Economy Watch: Fed Does the Twist; Pulse of Commerce Index Slips
The Fed’s Open Market Committee passes on QE3 and opts for a shift to shorter-term bonds.
Hines Gets World’s Highest LEED Platinum Rating in San Francisco
Hines took its building at 101 California St. in San Francisco from green to greenest, environmentally speaking, when its property was named to both LEED Platinum status and to the honor of having the highest score in the Existing Buildings category worldwide.
Capmark Sells Low-Income Housing Portfolio for $102.4M
Two weeks after having officially emerged from bankruptcy, Capmark has sold its collection of partnership interests and other assets associated with 287 properties encompassing 45,000 low- and moderate-income housing units to Hunt Cos. for $102.4 million.
CBRE to Oversee Management, Leasing of GM’s 5.5 MSF Detroit HQ
CBRE was recently tapped by General Motors to spearhead facilities management, leasing and project management of Renaissance Center, the automaker’s 5.5 million-square-foot mixed-use headquarters complex in Detroit.
USGBC: Steven Winter Talks Green
Past chairman of the board for the USGBC, Steven Winter, recalls the early days of the green movement before LEED.
Cushman Hires Five-Person Brokerage Firm in New Jersey
Cushman & Wakefield has snapped up a five-person office-brokerage team from Jones Lang LaSalle to help bolster its foothold in Central New Jersey. Paul Giannone will serve as executive vice president and will lead the group.