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Related Midwest to Develop Massive Downtown Chicago Site

Related Midwest is teaming up with the previous sole owner to turn a 62-acre South Loop site into a mixed-use development.

Healthcare REIT Acquires CHI Medical Office Facilities for $324M

Physicians Realty Trust shelled out $324 million to acquire 26 medical office facilities.

Red Rock Resorts Bets on Palms Casino Resort in Las Vegas

Red Rock Resorts subsidiary Station Casinos LLC has reached a definitive agreement to acquire the upscale resort.

USAA RealCo Exec Retires

This executive managing director will retire from her position June 30, after serving with the company for 32 years.

Newmark Holdings Grabs Long Island City Office Asset

A joint venture between Newmark Holdings and Olmstead Properties paid $60 million for an office tower in Queens.

3 Hudson Blvd. rendering

Construction Begins on Hudson Yards’ 3 Hudson Boulevard

According to developer Moinian Group, the price of the 1,050-foot-tall skyscraper is currently estimated at $2 billion.

Aventura Corporate Center I, Aventura, Fla.

Groupe Pacific Sells Miami Office Park in Coveted Area

Renaissance Properties shelled out $105 million for the three-building, Class A suburban office asset.

CIT Survey: CRE Execs Divided About Outlook for 2016

The recently released 2016 Commercial Real Estate Outlook was conducted online by Forbes Insights among 201 senior commercial real estate executives.

PREI + (PREI) = PGIM Real Estate

Due to great international growth, Prudential Real Estate Investors will soon operate under one brand at a global level.

HCP to Focus on High-Growth Sectors after Spinning-Off HCRManorCare

Five years after acquiring HCR ManorCare and its $6.1 billion portfolio, HCP decided the challenges facing that part of the industry were holding back growth of its core healthcare sectors.