Investment
Cornerstone Comes Through for Blackstone in a Big Way
Cornerstone Real Estate Advisers originated a $335 million loan to fund Blackstone’s acquisition of four Club Quarters hotels across the U.S.
Legg Mason Completes Acquisition of Clarion Partners
The Baltimore-based company paid a reported $577 million to acquire a majority stake in the New York-based real estate investment firm.
Chicago Sets Strict Timeline for New Owner of Old Post Office
Developer 601W Cos. has until June 1 to complete the acquisition of the iconic Windy City building.
Market in Focus: Fort Lauderdale Rising
An in-depth look at why the hotel and residential sectors are booming in a Florida city that was once best known as a spring break destination.
German Fund Buys Another Boston Waterfront Asset
Union Investment Real Estate GmbH forked out $452 million to acquire a Class A office asset in the Seaport District from Skanska USA.
Xcel Energy Teams Up with Vestas to Build 600-MW Wind Farm in Eastern Colorado
The two companies have joined forces to build the largest wind farm in the state, pending approval from the Colorado Public Utilities Commission.
Normandy Real Estate Reports Purchase of D.C.’s National Press Building
The iconic building in the East End sold to Normandy Real Estate Partners for $155 million.
Wheeler Real Estate Acquires 14 Grocery-Anchored Retail Centers for $71M
The 14 grocery-anchored assets, consisting of 603,142 leasable square feet, add to Wheeler’s growing retail portfolio.
Baceline Goes Shopping in St. Louis
Baceline Investment LLC recently expanded its retail portfolio with the acquisition of a neighborhood shopping center in St. Louis.
Wynn Makes Play for New $1.6B ‘Beach’ Resort in the Las Vegas Desert
Wynn Resorts has teamed up with Crystal Lagoons to develop a massive mixed-use project around a 38-acre lagoon and artificial beach.