Investment
JV Picks Up Suburban Kansas City Hotel
Wexford Lodging Advisors and Trinity Private Equity Group purchased the 11-story building and plan to invest $17 million in upgrading the property.
DJM, Gaw Capital Purchase Iconic Hollywood Retail Complex
The private equity firms have teamed up to acquire the 463,000-square-foot shopping center from CIM Group. The property also houses the venue for the Academy Awards ceremony.
Weingarten Sells Inland Empire Shopping Center for $89M
Lucescu Realty has arranged the sale of the 700,000-square-foot Jess Ranch Marketplace to a privately held investment company after having fielded inquiries from a diverse group of investors.
CRE Lending Picks Up Speed
A midyear update on financing trends from CBRE Capital Markets. Brian Stoffers, global president of debt and structured finance, weighs in.
San Diego Office Building Sells for $11M
Voit Real Estate Services arranged the transaction of a 51,229-square-foot asset located 11 miles from downtown San Diego. The firm represented both the seller and the buyer in the deal.
NYPA to Invest $1.1B in Niagara Plant Upgrade
Highlights include replacing aging equipment with advanced technologies to optimize performance.
Deka Group Enters Portland With $48M Buy
The German financial company broke into the local office market with its purchase of a Class A building in the city’s central business district.
Thor Equities Launches Life Sciences Platform
The company announced the new division, Thor Sciences, as well as the acquisition of a New Jersey life sciences campus for $152 million.
Welltower Adds to MOB Growth Spurt
The company has agreed to pay $140 million to buy a 270,000-square-foot complex in Berkeley Heights, N.J., from its tenant, which will continue its occupancy under a new 20-year lease.
KKR Buys Atlanta Tower in $205M Deal
The global investment firm acquired the controlling interest in the office building from Banyan Street Capital, which has owned the property since 2016.