Finance
Reversal of Spinoff Could be Right Move for NorthStar
A NorthStar Realty Finance special committee has retained UBS Investment Bank to explore “a potential recombination transaction” with NorthStar Asset Management Group.
Brookfield Asset Management Grows Global Portfolio with $2.8B US Mall Buy
Rouse Properties has finally accepted a takeover bid from Brookfield Asset Management, at a much higher price tag than originally proposed.
Dallas Office Development Receives Financing
HFF has secured a two-year construction loan for the development of a Class A office building within Dallas’ Cypress Waters master-planned community.
KPMG Survey Finds CRE Investors Positive but Prudent in 2016
According to KPMG’s latest survey, investors remain cautious, but optimistic about the U.S. real estate market in 2016.
Schnitzer West Secures Crucial Loan for Madison Centre
A 37-story office tower is coming to the Seattle CBD in 2017.
BKM Capital Partners Announces Closing of Industrial Value Fund I
The California-based fund manager wrapped up the final close of its BKM Industrial Value Fund I, with $300 million in buying power.
Triple the Financing Fun for SL Green
SL Green managed to secure two refinancing loans and one construction loan totaling roughly $321 million for three assets located in the state of New York.
Cincinnati Shopping Center Sold through Marcus & Millichap
Oklahoman investor nabs grocery-anchored retail center in Cincinnati.
Weyerhaeuser Wraps Up Acquisition of Plum Creek
Weyerhaeuser emerges as the world’s largest timber company, following its $8.4 billion acquisition of Plum Creek Timber Co.
Conversion in Store for NYC’s 20 Broad St.
MetroLoft is moving forward with the conversion of the office tower at 20 Broad St. into a Class A mixed-use building.