Investment
Ivanhoé Buys 51% Interest in NYC’s 1211 Avenue of the Americas
Ivanhoe Cambridge continues to expand its U.S. office holdings with the acquisition of the majority stake in 1211 Avenue of the Americas in Manhattan for $850 million.
EPR Buys Camelback Mountain Resort in Poconos for $70M
EPR Properties has closed on a transaction to acquire the Camelback Mountain Resort in Tannersville, Pa., for approximately $70 million.
Freddie Mac Closes $195M M-F Bulk Loan Sale
Freddie Mac has wrapped up its first multi-family bulk loan disposition, selling 27 performing mortgage loans with a total unpaid principal balance of $195 million.
CREW Network Special Report: Gibson Advises on Capital Markets Performance
As the investment market continues to heat up, Mark Gibson has some advice: Carefully consider liquidity and how best to deploy your capital.
Homewood Suites Opens New Hotel in Downtown Dallas
In Dallas, an office building that once housed United Fidelity Life Insurance has just opened its doors as Homewood Suites by Hilton Dallas Downtown.
Onyx, Rubenstein JV Grabs 282 KSF Office Building in Central NJ
In a JV, Onyx Equities and Rubenstein Partners acquired 211 Mount Airy Road, a 282,000-square-foot Class A office building in Basking Ridge, N.J.
German Investor Sells Apple, Bulgari Stores in San Francisco for $160M
Two retail assets in San Francisco’s Union Square district, the Apple store at One Stockton Street and the Bulgari store at One Union Square, have been sold by German investor Deka Immobilien to an unidentified U.S.-based private investor for a total consideration of $160 million.
Blackstone Buys European Mall Developer Multi Corp.
Blackstone has completed the takeover of Netherlands-based Multi Corporation, a leading owner, manager and (re)developer of high quality shopping centers across Europe.
Forest City, Greenland Strike JV Deal for Atlantic Yards
In a bid to jump-start one of the nation’s biggest development projects, a Forest City Enterprises affiliate has struck a deal with a Chinese investment company to develop the Atlantic Yards project in downtown Brooklyn.