News
Economy Watch: Global CRE Investment Forecast for Growth in ’17
Global investment volumes are forecast to rise nearly $700 billion this year, with certain U.S. markets set to be especially strong, JLL reports.
HFF Closes $108M Sale of Historic Richmond Towers
The office buildings were sold by LNR Property to Riverstone Properties.
Construction Kicks Off on Billion-Dollar Boston M-U
Bulfinch Crossing will feature six buildings, including the 1.1 million-square-foot One Congress office high-rise, as well as the tallest apartment tower in the city.
SF Office Towers Land $975M Refi
The buildings are part of One Market Plaza, a 1.6 million-square-foot Class A office-and-retail development in the South Financial District.
HFF Goes International
The London operation marks the company’s first office outside of the United States.
New Canopy by Hilton Hotel Announced for San Antonio
The 195-key asset will integrate the Civil War-era Alamo Fish Market building into its 22-story design.
Macerich Sells Two Regional Malls for $170M
After paying off related debt, the company will have net proceeds of around $100 million.
Yardi Matrix: Jacksonville’s Multifamily Renaissance
The multifamily market in Jacksonville is improving, sustained by the metro’s hiring boom and increasing population.
Younan Properties Continues to Expand in Arizona
Warner Crossing in Tempe is 100 percent leased to national tenants.
Starwood Capital Snaps Up Canadian Apartment REIT for $2.9B
Under the terms of the deal, all of Milestone’s subsidiaries and assets will be absorbed, while Milestone unit holders will receive $16.15 per trust unit in cash.