Investment
INTERNATIONAL: Heitman Grabs Two M-F Portfolios in Amsterdam
Global real estate investment management firm Heitman L.L.C. has bought two separate apartment portfolios, for the first time in Holland.
Banyan, Oaktree JV Buys Office Portfolio from Parkway Properties
A joint venture between affiliates of Banyan Street Capital and Oaktree Capital Management bought 19 Class A office assets in six states for $237 million from Parkway Properties.
Capri Capital Sells 351-Unit M-F Community in Fort Lee, NJ
The Crest at Fort Lee, a 351-unit apartment community, has been sold by Capri Capital Partners for $120 million to Pantzer Properties.
INTERNATIONAL: Hyatt Sells Hotel in Vancouver, Builds New Lodging in Naha
Hyatt Hotels Corp. is selling the 644-key Hyatt Regency Vancouver and plans to develop a new Regency branded hotel in Naha, Japan.
Blackstone Partners on $1.2B Investment Platform for M-U Portfolio in Singapore
Blackstone’s Tactical Opportunities Fund has committed to making a notable investment in Singapore.
C&W’s Purchase of Massey Knakal–Consolidation Trend in Commercial Brokerage
Cushman & Wakefield put the capital markets industry on notice this week with the surprising acquisition of Massey Knakal Realty Services, for a reported $100 million.
Fundrise, Larson Realty JV to Redevelop Detroit’s Former Tiger Stadium
Larson Realty Group and its development group that includes Fundrise, a leading real estate crowdfunding platform, have been chosen to redevelop the Michigan and Trumbull blocks of the former Tiger Stadium in Detroit into a mixed-use project.
Greystone Buys Harlem Land Parcels for M-U Development
Greystone is giving Harlem, New York, a real estate boost by purchasing four adjacent land parcels in the area with the intent of turning them into a mixed-use project.
Five Mile Capital Buys 32-Story Office Tower in Atlanta
Five Mile Capital Partners has acquired 100 Peachtree, a 32-story iconic office tower in Atlanta, from America’s Capital Partners.