News
TCN, GVA Create Global Coalition
The international real estate advisors have agreed to create an alliance that extends the scope of their markets with a transatlantic reach.
Economy Watch: Retail Sales See Uptick in November
Retail and food services sales turned in a modest increase in November compared with October.
Capital One, Others Provide $5.1B for Properties Sale
Capital One served as a co-lender and agent for an adjustable-rate Freddie Mac warehousing facility provided to Berkadia Commercial Mortgage.
NYC Office Building Commands $107M
A joint venture between William Macklowe and Principal Real Estate Investors has acquired 311 W. 43rd St.
30 Hudson Yards Closes $5B in Financing
Related Companies and Oxford Properties Group announced the closing of over $5 billion in financing for 30 Hudson Yards, the site’s flagship office tower, and the one million-square-foot Shops and Restaurants at Hudson Yards.
HFF Brings in Buyer, Financing for Chicago Tower
HFF closed the sale of 200 W. Adams. on behalf of Sterling Equities and Lincoln Property, while also securing acquisition financing for the buyer, Gerding Edlen.
Economy Watch: More Evidence That CRE Values Might Drop Next Year
The conventional wisdom, it seems, is fast becoming wedded to the idea that the peak is here for commercial real estate values, and 2016 will be the time for some kind of correction.
Same State, New HQ for Subaru
Subaru of America broke ground Wednesday on a new corporate headquarters in Camden, N.J.
CBRE Global Investors Makes SF Bay Area Buy
CBRE Strategic Partners has acquired the Sofitel San Francisco Bay Hotel from Prudential Real Estate Investors and Lodging Capital.
European Group Acquires Three Hotel Brands for $2.9B
AccorHotels has acquired the Fairmont, Raffles and Swissôtel brands in a cash-and-share deal.