Investment
Silverstein Launches Sales Inside Tallest Downtown NY Condo Tower
Developer Silverstein Properties has launched the sales at 30 Park Place, Four Seasons Private Residences New York, Downtown, in the Tribeca part of Manhattan.
RXR Secures $200M in Acquisition Financing for 787 KSF Lower Manhattan Office Building
RXR Realty has secured $200 million in acquisition financing for 61 Broadway, a 786,975-square-foot office building in downtown Manhattan.
NYU Langone Buys Leasehold Interest in Manhattan’s 333 E. 38th St. Office Building for $145M
NYU Langone Medical Center has completed the acquisition of the leasehold interest in Manhattan’s 333 E. 38th St., the 476,200-square-foot office building where it occupies more than 170,000 square feet, from SL Green.
Greystar Buys Riverstone Residential Group
Years ago, Riverstone Residential Group wanted to buy its closest competitor, Greystar Real Estate Partners, but founder & CEO Bob Faith turned them down because he had a similar goal: build the best multi-family property management company on a national platform.
REITWeek Special Report: Blackstone’s Gray on Where to Find Value
Jonathan Gray, Blackstone’s global head of real estate, dispenses advice on how to find assets that will outperform in today’s real estate cycle at REITWeek in New York City.
JPMorgan Chase Grabs 58-Acre Suburban Delaware Office Campus
JPMorgan Chase & Co. has just gotten its hands on 357,500 square feet of top-notch office space in Wilmington, Del., with the acquisition of biopharmaceutical company AstraZeneca’s 58-acre South Campus.
Ventas to Acquire ARC Healthcare REIT for $2.6B in Stock and Cash
Ventas, the biggest healthcare REIT in the U.S., plans to grow even larger with two acquisition deals totaling $3.5 billion, including the $2.6 billion purchase of a competitor: American Realty Capital Healthcare Trust.
Hilton Worldwide Launches New Brand: Curio
Hilton Worldwide broadens its horizons yet again, this time with the announcement of its new brand: Curio.
Port Authority Focusing on Private Capital for Silverstein’s 3 WTC Building
The Port Authority of New York and New Jersey met on Wednesday and revealed a change in its approach to the financing for Silverstein Properties Inc.’s development of 3 World Trade Center.
Retail Opportunity Investments to Buy Fallbrook Shopping Center for $210M
Retail Opportunity Investments Corp. has entered into a binding contract to acquire Fallbrook Center, in West Hills, Calif., for $210 million in cash.