News
Cushman & Wakefield: Multinational Firms Turn to India, China for Office Needs
An increasing number of multinational companies are buying office space in India and China rather than leasing, according to a new Cushman & Wakefield report.
Hillwood Expands into Memphis
Commercial developer Hillwood will open a new office in Memphis that will be led by industry veteran Kurt Nelson.
Economy Watch: August Jobs, Non-Manufacturing Business Activity
While August BLS data showed only 142,000 jobs created for the month, the latest Non-Manufacturing ISM Report on Business found that the service sector grew for the 55th month in a row.
INTERNATIONAL: Amstar Buys Luxury Residential Tower in Warsaw
Denver-based Amstar Global Advisers has purchased Warsaw’s iconic Zlota 44 residential tower in an off-market transaction.
Starwood’s W Hotel Flag to Fly in Australia Again
Nearly 10 years after exiting Australia, Starwood Hotels & Resorts Worldwide Inc.’s W Hotels Worldwide brand will soon have a presence in the country again.
INTERNATIONAL: Kyocera Joint Venture Plans World’s Largest Floating Solar Power Plant in Kato City
The joint venture between Kyocera Corp., Century Tokyo Leasing Corp. and Ciel et Terre International
will build two separate floating solar platforms.
Related California Forms New Division
Related California has created Related California Urban Residential, a new division to support the firm’s future market-rate and luxury residential development activity.
St. Anton Partners Inks $96M Construction Loan for Facebook Co-Designed Apt. Project
St. Anton Partners, of Sacramento, has closed on a $96 million construction loan from U.S. Bank for the 394-unit Anton Menlo Apartments.
MARKET SNAPSHOT: Jobs Improvement Benefits Las Vegas’ Residential, Hospitality Sectors
Steadily improving employment is driving both residential and hospitality market improvement after a number of difficult years for Sin City.
Morgan Stanley Mortgage Capital Supplies $700M CMBS Loan
The CMBS loan financed the acquisition of a leasehold position in the iconic 42-story Mobil Building in Manhattan.