Investment
Brookfield Completes $11.4B Purchase of Forest City
With the all-cash acquisition of the century-old investor and developer, the company adds a diversified portfolio of assets.
Trinity Investments JV Buys Grande Lakes Orlando Resort
In a partnership with Elliott Management, the company paid a reported $900 million to purchase the 400-plus-acre property, which includes two hotels and a Greg Norman–designed golf course.
South Florida’s $1.5B Sunrise Project Is Coming to Light
CPE takes a close-up look at one of the nation’s largest mixed-use projects currently under construction: Metropica. KGH International and The Trillist Cos. are developing the 65-acre project.
JV Acquires Berlin Office Complex
In a partnership with a private investor, Ardian Real Estate has acquired an asset offering more than 300,000 square feet of rental space in the heart of Berlin.
PacVentures Buys TX Industrial Portfolio
Transwestern represented the buyer in the acquisition of a collection of 10 buildings located in Brownsville and totaling more than 800,000 square feet.
MCA Realty Enters San Diego Industrial Market
The company purchased a two-building property that encompasses almost 41,000 square feet and revealed plans to renovate the existing vacant space.
Cerberus JV to Repurpose Former Discovery Communications HQ
The partners bought One Discovery Place in downtown Silver Spring, Md., with plans to reposition the property once the building’s sole tenant relocates to New York City.
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
Miller Global Properties Sells Portland Office Building
CBRE Global Investors paid $76.6 million for the eight-story property which is located in the Pearl District, one of the city’s high-profile submarkets.