News

Paid Up

(CMBS delinquencies by property type; $ in billions)

NYC Spotlight: Market Rates

(top commercial sales recorded in December 2014)

Piece of the Pie

(investment sales for 12 months ending Nov. 30, 2014)

International: Apple Invests $2B in Energy-Efficient Data Centers Across Europe

Apple is putting its money where its mouth is and investing a big chunk of change into two data centers in two different countries.

HFF Orchestrates Sale, Financing for ‘New Kid on the Block’ in Manhattan

HFF worked both sides of the deal in the change of ownership of a new luxury apartment property in downtown Manhattan.

90 North JV Picks Up Trophy Tower in Raleigh

A JV of two foreign companies is giving the sellers a tidy profit on a Raleigh corporate campus it grabbed.

Hines Breaks Ground on Sheraton Georgetown Hotel

Hines will be feeding the hungry Austin suburban lodging market with its new development.

Baltimore-Washington Corridor Office Building Sells for $9.35M

A Greater Baltimore office property has recently changed hands. The Dorsey Business Center, in Elkridge, was acquired by a joint venture of CSG Partners and Blue Vista Capital, for $9.35 million.

Transwestern Lists Two Large Prince George’s County Apartment Communities

Two large multifamily properties in the Washington, D.C. metropolitan area are now for sale. The Donaldson Group has hired Transwestern’s Bethesda-based Mid-Atlantic Multifamily Group to market Andrews Ridge, in Suitland, and Regency Pointe, in Forestville. The two properties offer a total of 1,091 apartment units.

Brennan Pays $12M for New Hope Distribution Facility

Rosemont, Illinois-based Brennan Investment Group recently announced the acquisition of a 355,185-square-foot distribution facility in New Hope, Minnesota.