Featured
Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing
Aided by $52 million of financing placed by Holliday Fenoglio Fowler L.P., The Scion Group and Arch Street Capital Advisors have snapped up two student housing properties in Texas.
ULI: Emerging Trends in Europe Bearish for '12
“Debt” is going to be the name of the game for the European real estate markets in 2012, according to Emerging Trends in Real Estate Europe 2012, the industry forecast published by PwC and the Urban Land Institute.
Miami Herald Signs 158 KSF Lease to Relocate HQ
Eight months after The Miami Herald Co.’s Miami digs were sold in a short-term, sale-leaseback transaction, the newspaper has signed a long-term lease for the 158,300-square-foot former U.S. Southern Command headquarters at Westpointe Business Park in neighboring Doral, Fla.
Economy Watch: U.S. GDP Expands, but Not as Much as Expected
Spending on durable and non-durable goods rose domestically during the fourth quarter of 2012. Greece and its creditors continued to haggle over interest-rate cuts. And, according to Reuters, U.S. consumers at least feel better about the economy.
1 Houston Center to Be Renamed LyondellBasell Tower Following 358 KSF Lease Extension
Following the signing of a 358,100-square-foot lease, LydondellBasell, a longtime tenant of 1 Houston Center, will see the building renamed the LydondellBasell Tower.
Morgan Group Refis Five Multi-Family Properties for $146M
The Morgan Group, a company focused on development, construction and property management of luxury multi-family properties, has arranged financing of $146 million on behalf of its affiliated investment partnerships.
Hines, DLF Ltd. Begin Construction on 800 KSF Office Space in New Delhi
Capitalizing on the increased need for both office and retail space, Hines has partnered with DLF Ltd. to begin construction on One Horizon Center, which will be located southwest of New Delhi in Gurgaon.
Economy Watch: New Home Sales Sink to Record Low in 2011
New home sales took an unexpected 2.2 percent dive in December compared with the previous month, and the Conference Board’s Leading Economic Index increased 0.4 percent during the same period. U.S. GDP rose 2.8 percent in the fourth quarter of 2011.
San Diego State Student Housing Refi'd for $56M Through AIG
Acting on behalf of AIG, Holliday Fenoglio Fowler has obtained a $56 million loan for Sterling Collwood, a premier student-housing property near San Diego State University.
NAI, C-III Merger Finalized, Signals Larger Trend
In a deal that took six months to finalize, C-III Capital Partners L.L.C. has completed its acquisition of NAI Global, the largest network of independent commercial real estate firms worldwide.