Investment
RMR Mortgage Trust, Tremont Mortgage Trust to Merge
The combined REIT will focus on middle-market transitional bridge loans, with the total value of invested assets anticipated to reach $1 billion.
Cleveland-Area Medical Facility Sells for $58M
The nearly 70,000-square-foot facility was Lake Health’s first hospital outside of Lake County.
ASB Real Estate Trades DC Office Building for $202M
Originally built as an industrial structure in 1909 and extensively renovated in 2001, the five-story property is primarily leased to government agencies.
Oxford Properties’ $173M Bay Area Life Sciences Play
The company continued a biotech streak by acquiring a mixed-use building with lab conversion potential in Emeryville, Calif.
Etkin Johnson Sells Technology Park for $393M
The sale of the 16 buildings near Denver marks the largest industrial transaction in Colorado history.
Birch Group Buys New Jersey Portfolio for $255M
The off-market deal is the latest in a series of major office dispositions by the seller.
Can Phoenix Become America’s Semiconductor Capital?
A close-up on what recent major investments mean for Greater Phoenix and its economy.
Longfellow Real Estate Buys Bay Area Campus for $156M
The new owner plans to repurpose the 250,000-square-foot office asset for life sciences.
Cohen & Steers Launches New Private Investment Platform
The global investment manager is expanding into the private arena after decades of focus on listed real estate.
Manhattan’s $350M Textile Building Makeover Revealed
A new two-story penthouse will top the century-old structure, which occupies a full block in Midtown South.