Investment
Canada’s Ivanhoé Cambridge Invests $234M in Silicon Valley Apartment Market
Ivanhoé Cambridge acquired a 208-unit apartment building in San Jose, and announced plans to develop a 648-unit property in the same city.
Grosvenor, Skanska Team on 650 KSF M-U Project in D.C.
In a JV, Grosvenor Americas and Skanska USA Commerical Development will create a mixed-use Class A project in a Wash. D.C. neighborhood.
Northwood Investors Buys Metro Denver’s 900 KSF Southlands Town Center
Northwood Investors of New York has acquired a 900,000-square-foot outdoor lifestyle center in Aurora, Colo.
CoreNet Special Report: Flexible Workplace–Before, During, After Change
A panel of world-class corporate real estate leaders offered some valuable lessons on the ‘before, during and after’ stages of adopting a workplace flexibility program during the CoreNet Global Summit in Orlando this week.
Blackstone Real Estate Fund Raises $13B
The Blackstone Real Estate Partners VII fund has closed after raising $13 billion in 13 months from more than 250 global investors.
Mack-Cali Makes Major Move in M-F Market
Mack-Cali Realty entered into a definitive agreement to buy the real estate development and management businesses of Roseland Partners.
W3 JV Acquires Sunpower Occupied Property in San Jose
A JV of W3 Partners and Ridge Capital Partners has purchased a three-building Class A office complex in the third largest city in California.
Berkeley Point Capital Arranges $75M for Refinance of M-F Apartment Communities in D.C.
Berkeley Point Capital arranged for the refinance of a 1,072-unit, Class B apartment complex located in Washington D.C.’s Mount Pleasant neighborhood.
Clarion Grabs 120 KSF Beverly Hills Office Building for $80M
Clarion Partners has bought a premier asset, a Class A office building with a full tenant roster at 100 N. Crescent Drive.
Amazon’s HQ in Seattle Sold to — Surprise! — Amazon for $1B
Vulcan Real Estate sold 11 office buildings to Amazon totaling 2 million square feet in the South Lake Union neighborhood.