Featured
Hyatt’s First Andaz-Branded Resort to Open in Bali
One of Hyatt Hotels Corp.’s affiliates has entered into a management agreement with P.T. Wynncor Bali for the opening of an Andaz resort in Bali.
SL Green Buys Ivanhoe Cambridge’s Stake in NYC Citigroup HQ
SL Green Realty Corp. will acquire Ivanhoé Cambridge’s stake in 388-390 Greenwich St. in Manhattan’s TriBeCa, thus assuming full ownership of Citigroup Inc.’s 2.6 million-square-foot headquarters in New York.
USGBC: Top 10 States for LEED Green Building
A 57-story, 1.3 million-square-foot Class A office tower in Chicago has earned Platinum and Gold LEED certifications from the U.S. Green Building Council.
RFR, Vanke Break Ground on Luxury Condo Tower in Manhattan
RFR Holding and Vanke, China’s largest residential developer, broke ground Tuesday on 610 Lexington Ave., a luxury residential condominium on East 53rd Street in Midtown Manhattan.
Rooker Buys 90-Acre Mall Site in Atlanta for Redevelopment
Atlanta-based real estate development and construction company Rooker plans to buy a 764,000-square-foot mall on a 90-acre site in Union City, Ga., and redevelop the property.
Madison Int’l Acquires Interest in Downtown NYC Retail Condo for $68M
Madison International Realty shelled out $68 million on the acquisition of a non-controlling 49 percent interest in a retail condominium at 510 Sixth Ave. in Manhattan.
Meridian Arranges $80M in Financing for 11-Property M-F Portfolio in Chicago
Even though the existing loans weren’t maturing for another one to three years, the owner of an 11-property multi-family portfolio in Chicago decided to refinance now, obtaining $80 million in permanent financing with the help of Meridian Capital Group.
Auction.com to Auction Woolworth Building in Downtown LA
The historic Woolworth Building at 719-725 South Broadway in downtown Los Angeles will go up for auction on March 10, according to Auction.com.
CBRE Global Investors Buys 330-Unit Apartment Complex in Atlanta from Equity Residential
CBRE Global Investors has boosted its Atlanta multi-family portfolio with the purchase of Alexander on Ponce, a 330-unit apartment complex in the city’s Midtown submarket, from Equity Residential.
Elm Associates JV to Redevelop $171M M-U Skyscraper in Downtown Dallas
A stalled effort to redevelop 1401 Elm, a vacant 52-story, 1.5 million-square-foot downtown Dallas office building, into a mostly residential tower should move forward now, following the building’s purchase by a new joint venture.