News
INTERNATIONAL: Bouwinvest Diversifies Portfolio in the Netherlands
In order to diversify its portfolio in the Netherlands, institutional real estate investment manager Bouwinvest has bought two of the most prominent properties in the country.
Irvine Co. Pays Legacy Partners Pretty Penny for Silicon Valley Office Park
The Irvine Co. has taken Tech Park at Freedom Circle in Santa Clara, Calif., off the hands of Legacy Partners, which the seller called a “win-win for both sides.”
Vulcan Trades Prominent Washington State Office Complex
To raise capital for new investment, Vulcan Real Estate has sold a 20-acre property with strong credit tenants such as Microsoft and Costco Wholesale to Talon Private Capital for a nice chunk of change.
Economy Watch: Low Energy Prices Boost Restaurant Sector
More jobs and lower gas prices: that’s a recipe for the chain restaurant sector to do better.
Driving Down Delinquencies
Commercial/multifamily mortgage bank delinquency, banks and thrifts, 90+ days
NYC Spotlight: Bought Up
By Amalia Otet Real estate remains a hot commodity in New York City, with investors flocking to take a bite out of the Big Apple. All five boroughs have seen increased transaction activity in the four weeks ending on Nov. 30, with Manhattan attracting the largest deals by value. According to the latest PropertyShark market report, which features month-to-month tracking of the biggest commercial sales in New York, nine of the top 10 purchases were in Manhattan, where increased demand for both office and residential space has kept rents at an elevated level. The biggest transaction recorded in November was…
Going Down
(national cap rate performance based on properties and portfolios of $2.5 million and greater)
