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Landesbank Provides $110M for Queens, NY M-F Project
Landesbank is providing construction financing for a new luxury multi-family tower scheduled to go up in Long Island City in the New York City borough of Queens.
C&W: ‘A Very Good 2013’ Rolls on for Manhattan
As 2013 enters the home stretch, the nation’s biggest real estate market continues to show healthy momentum on most fronts, according to Cushman & Wakefield’s New York City team.
JLL’s Martin Named New CEO of HCP
Less than a year after assuming the CEO of the Americas role at Jones Lang LaSalle, Lauralee Martin is departing to become president & CEO of HCP, the largest U.S. healthcare REIT.
Evan Denner on Student Housing, Capital & Equity Raising
Campus Evolution L.L.C. founder & CEO Evan Denner took time out of his busy schedule conquering the world of commercial real estate to discuss the student housing sector as it relates to real estate and its standing in a recovering economy. Via the Twitter format of 140 characters or less per tweet, he chatted with CPE editors, shedding light on his decision to move into the student housing space, student and investor demand, and his plans to take the company public. What follows is a transcript of the exchange. CPE: Evan, what was your motivation to enter the student housing business? Did you…
Starwood Opens St. Regis Abu Dhabi, Features World’s Highest Hotel Suite
Abu Dhabi has welcomed its second St. Regis-branded hotel, courtesy of Starwood Hotels & Resorts, and the luxury hospitality project comes with a small perk–it features the world’s highest suspended hotel suite at 650 feet.
Jamestown Acquires San Francisco’s Famed Ghirardelli Square
Aiming to boost its appeal to locals as well as tourists, Jamestown has acquired the famed Ghirardelli Square retail complex at San Francisco’s Fisherman’s Wharf for a reported $56 million.
Bill Gates’ Investment Group Buys Four Seasons Houston
Cascade Investment, the private investment arm of billionaire Bill Gates, is set to acquire the Four Seasons Hotel Houston from Maritz, Wolff & Co. for a reported $140 million.
Now Accepting Stars to Watch Nominations
Commercial Property Executive is currently accepting nominations for our 2014 Stars to Watch feature.
Kilroy Buys 220 KSF Office Campus in San Diego Suburb for $126M
The Heights at Del Mar, a 219,000-square-foot office and life science campus in the coveted Del Mar Heights submarket of San Diego, is now part of Kilroy Realty Corp.’s portfolio. The REIT acquired the premier two-building, 15-acre asset from Prudential for $126 million.
BentleyForbes Appoints Warwick as New CEO
BentleyForbes has tapped CRE veteran Jeffrey Warwick as its new CEO, president & managing partner to spearhead the company’s aggressive expansion plans.
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