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Anbang Consortium Ups the Ante for Starwood, Surpassing Marriott’s Latest Bid
The Chinese insurance group made a $14 billion offer to acquire Starwood Hotels & Resorts Worldwide, topping Marriott International’s most recent bid.
Massive New Diabetes Medical Facility Breaks Ground near Raleigh
Novo Nordisk broke ground on a new 833,000-square-foot medicine production facility in Clayton, N.C., a project expected to create 700 new jobs in the area.
Global Capital for CRE Investment Reaches New Heights in 2015
The latest report from Cushman & Wakefield shows that 2015 was a record year for global capital targeting commercial real estate.
D.C. Hospital to Move Ahead with $567M Expansion
The MedStar Georgetown University Hospital has reportedly reached a new milestone in its plan to renovate and expand its current facility in Washington, D.C.
General Electric Finds New Home in Boston’s Seaport District
The company estimates spending as much as $100 million for its new base, including land acquisition costs.
George Smith Partners Aids Under Armour Build-to-Suit in Portland
George Smith Partners has secured financing for a new build-to-suit office development for Under Armour in Rip City.
Renovation of LaGuardia to Take Flight
The Port Authority of New York & New Jersey recently gave the green light for the $4 billion redevelopment of LaGuardia Airport.
MGM Resorts Pulls Trigger on Mega-REIT
The newly formed MGM Growth Properties REIT recently filed a registration statement for an initial public offering.
Inland Investors Approve Merger with DRA
Inland Real Estate Corp.’s common stockholders have approved the merger between the company and a DRA Advisors subsidiary.
SF Officials Agree on Changes to $8B Candlestick Point Mixed-Use Project
Lennar Urban and Macerich are moving forward with the development of a 775-acre mixed-use project in the Golden Gate City.