News
New Westin Hotel to Anchor Iconic One Main Place Building
Starwood Hotels & Resorts Worldwide and New Orleans-based KFK Group (KFK) recently made public plans to open a new, 323-key Westin hotel in the iconic One Main Place building. The hotel is part of an adaptive re-use project that will add hospitality and retail components to the iconic office building.
Economy Watch Weekly: 2014 Ends on Strong Hiring Note–A Plus for All Property Types
Economy writer Dees Stribling offers his weekly roundup of indicators for the week ended Jan. 9, 2015.
Retail Properties of America Increases DC Presence with M-U Acquisition
Retail Properties of America has snapped up a neighborhood jewel for its portfolio.
INTERNATIONAL: Weston Homes to Redevelop Historic Factory Site in Dartford
As part of the British Government’s Garden Suburbs Program, Weston Homes will rebuild a historic property into a mixed-use development.
Rubenstein, Nordblom to Transform Urban Neighborhood in Boston
For Rubenstein Partners L.P., building up its Boston portfolio appears to be an annual event.
TPG Grabs Majority Stake in Deutsche Bank’s Loan Portfolio
TPG Real Estate’s acquisition of a 75 percent stake in a $2.5 billion portfolio of high-yield CRE loans from Deutsche Bank’s Special Situations Group is yet more evidence of the market’s recovering strength.
RADCO Pays $39M for M-F Portfolio in OK City
The RADCO Companies has acquired a 714-unit, three-property multifamily portfolio in northern Oklahoma City.
Jamestown Commits to Creative Work Space Property in San Francisco
To take advantage of San Francisco’s growing technology tenancy, The Jamestown Premier Property Fund has added a second mixed-use property on Market Street to its roster.
ARC Healthcare Buys Paradise Valley Medical Plaza for $28M
New York-based American Realty Capital Healthcare Trust recently acquired the Paradise Valley Medical Plaza in Phoenix for $28.3 million.
St. Elizabeth Plans 75 KSF Medical Office Building
Elizabeth Healthcare and St. Elizabeth Physicians announced last month their plan to open a new medical office building in Greendale, Indiana. The facility will be a multi-specialty center as well as an expanded primary care office for SEP’s Hidden Valley physicians.
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