Investment

Madison International’s Fund V Closes Oversubscribed at $825M

Madison International Realty got more than it had originally anticipated for Madison International Real Estate Liquidity Fund V L.P. It closed with $825 million of equity commitments, marking a notable sum above its $750 million target.

Blackstone Acquires Nationwide Select-Service Portfolio

The Blackstone Group has acquired a 15-hotel portfolio comprising 1,856 keys located in Alabama, California, Connecticut, Florida, Pennsylvania and metropolitan Washington, D.C., from OTO Development.

Crow Holdings Capital Closes M-F Portfolio Sale

Crow Holdings Capital Partners continues making moves, this week announcing it has sold a 12-property Class A multi-family portfolio with 4,426 luxury units.

Harbor Group Int’l Acquires 55 Broadway for $157M

An affiliate of Harbor Group International has acquired the 358,600-square-foot Class A office property at 55 Broadway in Manhattan from an affiliate of Broad Street Development for $157 million.

White Paper: Critical Risks in Lease Terms

As the CMBS market returns, borrowers would do well to ensure their lease documents are structured appropriately and they are familiar with the most critical elements.

Real Estate Capital Partners JV Sells 2 MSF Adidas Distribution Center in Spartanburg, SC

Real Estate Capital Partners and IVG Institutional Funds have sold their 1.9 million-square-foot Adidas U.S. distribution center in Spartanburg, S.C.

E.CON Special Report: Investing in E-Commerce Properties

As institutional investors become more interested in e-commerce distribution facilities, lenders are becoming more amenable to providing the financing to purchase them.

DivcoWest Buys 318 KSF Class A Office Campus in Austin

DivcoWest has acquired the Avallon, a 318,000-square-foot Class A office campus in Austin from Highbrook Investment Management.

Equity One Sells 172 KSF Shopping Center in Augusta, Ga.

Leading shopping center developer and owner-focused on urban communities Equity One has sold Daniel Village, a 172,438-square-foot grocery-anchored shopping center in Augusta, Ga.

Macquarie Mexican REIT Buys 171 KSF Retail Center in Mexico City

Macquarie Mexican REIT has acquired City Shops del Valle, a 171,297-square-foot retail center located in the Mexico City Metropolitan Area of Colonia del Valle.