Investment
Ivanhoe Cambridge JV Buys 49% Stake in Downtown Manhattan Property for $150M
Ivanhoe Cambridge has added to its New York City office holdings with the acquisition of a 49 percent stake in 330 Hudson in Manhattan for $150 million.
Carey Watermark Grabs 302-Key Hotel in Denver’s CBD for $82M
Carey Watermark Investors has made its entrance into Denver’s sizzling hotel market by snapping up the Hampton Inn & Suites-Homewood Suites by Hilton Denver Downtown/Convention Center for $82 million.
Pushing New Heights – Brokerage Trends Podcast
Jack Kern and Mike Ratliff dissect the current state of real estate brokerage and investment sales trends.
Provenance Hotels, Thayer Lodging JV to Buy Hotel 1000 in Seattle
Provenance Hotels has entered a joint venture with Thayer Lodging Group to acquire the 120-key Hotel 1000 in downtown Seattle for what the Wall Street Journal reports to be $63 million.
Goddard Acquires 1.2 MSF Office Tower in Dallas
Atlanta-based Goddard Investment Group has added to its Texas holdings with the acquisition of Fountain Place, a 58-story trophy tower that is one of the tallest buildings in downtown Dallas.
Executive Insight, Mike Scilingo, Urban Innovations
Urban Innovations, an owner and manager of commercial real estate in Chicago, takes a unique viewpoint of its portfolio. Company president Mike Scilingo talks about where it’s seeking opportunity and next steps for its portfolio.
INTERNATIONAL: Union Investment Acquires Landmark Weser Tower in Germany
Union Investment has bought the landmark Weser Tower in Bremen, Germany, in a deal that is deemed one of the most significant real estate transactions seen in the city.
Jamestown: Sale of San Francisco’s Pacific Place Has Strong Long-Term Income Drivers
Jamestown COO tells CPE the firm has sold Pacific Place, an office and retail property in downtown San Francisco, to J.P. Morgan for $415 million because of its attractiveness to institutonal investors
PREI, AP3 JV Acquires $360M Worth of German Retail Assets
A new joint venture between Prudential Real Estate Investors and the Third Swedish National Pension Fund, AP3, will invest in retail properties throughout Germany.