Investment
Interconnected Boston Buildings Command $128M
A joint venture between Investcorp and Brickman acquired the 184,643-square-foot property located in the Back Bay neighborhood.
Caesars, VICI to Sell Reno Hotel
The partnership has agreed to sell the asset to an affiliate of CAI Investments for $50 million.
Hanley Investment Arranges Record Sale in the Inland Empire
The company’s Executive Vice President Bill Asher, President Ed Hanley and Vice President Jeff Lefko worked on behalf of the seller.
CenterPoint Pays $134M for Brooklyn Industrial Portfolio
The 925,411-square-foot, three-building warehouse space is part of the Flatlands Industrial Park.
Blackstone Makes $4.6B Deal in Las Vegas
The private equity giant’s REIT formed a joint venture with MGM Growth Properties to acquire the MGM Grand and Mandalay Bay.
Kennedy Wilson Sells Spanish Retail Portfolio for $81M
The company sold the 10 supermarket-occupied properties, primarily located in Barcelona and Madrid, to global investment management firm Barings.
PCCP, Crocker Buy 2 Orlando Office Assets
The joint venture paid in excess of $50 million for the Class A portfolio totaling 245,111 square feet.
Hilton San Jose Sold for $118M
The 353-key property is located near major San Jose institutions and event venues.
Hines Completes First Closing of $1.4B European Fund
Thirteen institutional investors made equity commitments totaling approximately $709 million to a core plus/value-add investment vehicle that will have leveraged buying power of roughly $3.3 billion.
Eastern Los Angeles MOB Sells for $7M
The 22,055-square-foot building is fully leased by Chaparral Medical Group and Pacific Clinics.