Investment
Westport Capital Buys 220,000-SF Suburban Phoenix CRE Portfolio
Westport Capital Partners bought the Agave Center in Tempe, Ariz., with plans to increase leasing.
Pantzer Grabs M-F High-Rise in Metro D.C. for $168M
Panzter Properties has bought an 891-unit high-rise complex in Silver Spring, Md., for $168 million.
Update: Transfer of Cousins' Unit to C&W Good Move for Both Firms
Cushman & Wakefield’s acquisition of Cousins Properties third-party Client Services Group, located in Atlanta and Dallas, is a strategic move for both companies.
Sabal Buys $121.5M in CRE Loans
Sabal Financial Group, L.P. has acquired a$121.5-million portfolio from a bank that includes 44 loans and properties in seven different states.
Ground Breaks on Luxury 323-Unit M-F Project in San Antonio
USAA Real Estate Co., in partnership with Cambridge Development Group, broke ground on a 323-unit multi-family project in San Antonio.
Kennedy Wilson Partnership Picks Up $449M Irish Loan Portfolio
Kennedy Wilson has partnered with Deutsche Bank AG’s European Commercial Real Estate Group to buy a loan portfolio secured by commercial real estate assets in Ireland.
Breaking News: C&W to Buy Cousins’ Third-Party Client Services Group
Cushman & Wakefield will buy Cousins Properties Inc. third-party Client Services Group, located in Atlanta and Dallas.
Beech Street Closes $371M Loan Package for 5,517-Unit M-F Portfolio
Beech Street Capital Inc. has provided the funding for the recapitalization of a 5,517-unit apartment portfolio in Maryland.
Parmenter Closes Office Fund with $1B in Buying Power
Parmenter Realty Partners has closed its fourth investment fund with more than $300 million capitalization, which will allow the company a $1 billion office property spree.
Hilton Plans Triple-Flag Hotel Village in Canada
Hilton Worldwide is currently building three new hotels in Canada in the same location. All three edifices will be united by exterior parkways and an underground parking facility.