News
NY Life Real Estate Investors Busy on Both Coasts
New York Life Real Estate Investors showed off two sides of its expertise on the same day, with an acquisition in California and the origination of a mortgage for a Virginia complex.
Five Regional Malls Fetch $1.1B
Centennial Real Estate Co., Montgomery Street Partners and USAA Real Estate Co. closed on an acquisition of five regional malls from Westfield Corp.
Historic Hotel Near Northwestern U. Sells for $60M
Olshan Properties has bought the historic Hilton Orrington Hotel in Evanston, Ill.
UChicago Medicine Brings New Trauma Center to Hyde Park
The University of Chicago Medicine has announced plans to build a level 1 adult trauma center at its Hyde Park campus in South Side Chicago.
GM Financial to Locate Financial Service Center in San Antonio
General Motors’ finance subsidiary will open a financial servicing center in San Antonio.
HFF Leads $115M Sale of Suburban Charlotte Office Park
HFF has secured the sale of the 11-building Water Ridge Office Park in Charlotte, N.C., for $115 million.
Self-Storage Facility in Temple Hills Changes Hands
Marcus & Millichap has facilitated the $4.25 million sale of Budget Self-Storage, a 64,440-net-rentable-square-foot facility in Temple Hills, Md.
Carlson Rezidor Signs Seven New Hotels in India
Carlson Rezidor has signed a multiple-property deal with Mushtaq Group of Hotels to open seven new properties in the northern Indian state of Jammu and Kashmir.
Economy Watch: Fed, FDIC Warn About Careless CRE Lending
The real estate industry isn’t alone in mulling the possibility of an overheated commercial real estate market.
Avison Young Expands San Diego Life Sciences Practice
Former U.S. Navy lieutenant joins Avison Young’s life sciences representation practice in San Diego.