Investment
Secondary Market Moves: Non-Traded REIT Auctioneer CTT Buys APB
Central Trade & Transfer, an online auction site for non-traded REITs, has significantly increased its presence in the online secondary-market transactions business in one fell swoop with the acquisition of the assets of its competitor, American Partnership Board.
Retail Properties of America Increases DC Presence with M-U Acquisition
Retail Properties of America has snapped up a neighborhood jewel for its portfolio.
Rubenstein, Nordblom to Transform Urban Neighborhood in Boston
For Rubenstein Partners L.P., building up its Boston portfolio appears to be an annual event.
TPG Grabs Majority Stake in Deutsche Bank’s Loan Portfolio
TPG Real Estate’s acquisition of a 75 percent stake in a $2.5 billion portfolio of high-yield CRE loans from Deutsche Bank’s Special Situations Group is yet more evidence of the market’s recovering strength.
Jamestown Commits to Creative Work Space Property in San Francisco
To take advantage of San Francisco’s growing technology tenancy, The Jamestown Premier Property Fund has added a second mixed-use property on Market Street to its roster.
German Company Invests in Austin
German investors’ interest in the U.S. commercial real estate market continues unabated, and Munich-based GLL Real Estate Partners GmbH’s acquisition of Prominent Pointed I & II in Austin is among the latest evidence.
Rainier to Contribute M-U Development to Fort Worth’s Growing Market
Rainier Realty Investments has grabbed an 18-acre site in the busy Fort Worth submarket that it intends to transform into a multimillion-dollar mixed-use site.
Preiss Picks Up Student Housing Property Near UCF in Orlando
The Preiss Co. isn’t waiting for the fall semester to go to the University of Central Florida.
Clarion, MHP Take to Manhattan’s Financial District
Clarion Partners and joint venture partner MHP Real Estate Services have become the proud new owners of the 1.2 million-square-foot Manhattan office tower at 180 Maiden Lane.
Industrial Property Trust Makes Its Mark in Atlanta’s Largest Industrial Submarket
Industrial Property Trust Inc. continues making strides in Atlanta’s sizable industrial market with the acquisition of four multi-tenant warehouses.