News
Five Mile, Crocker Partners Sell Houston Office Tower to MetLife
The Lakes on Post Oak office complex is located in Houston’s Galleria/Uptown district.
INTERNATIONAL: P3 Acquires Major Logistics Portfolio in the Czech Republic for $690M
PointPark Properties’s acquisition of warehouses and development land is one of Europe’s largest real estate deals of the past decade.
Thor Refinances (Again) the Palmer House Hilton in Chicago
Thor Equities has completed a $420 million refinance deal for the historic Palmer House Hilton hotel in downtown Chicago.
KBS REIT III Acquires Atlanta Office Building for $132.5M
KBS Real Estate Investment Trust III has acquired 171 17th St., a 21-story, trophy-quality office building in Atlanta for $132.5 million plus closing costs from JP Morgan.
Economy Watch: Federal Deficit, Mortgage Delinquencies
The Congressional Budget Office estimated on Wednesday the federal budget deficit for fiscal year 2014.
Houston’s Astrodome to Become World’s Largest Indoor Park?
When it had opened its doors for the first time on April 9, 1965, the Astrodome was the world’s first multi-purpose domed sports stadium. On that day, the dome was celebrated by 47, 879 people, who were cheering at an exhibition match between the Houston Astros and the New York Yankees. Among the cheering crowd, in a private box, there sat President Lyndon Baines Johnson and his wife, Lady Bird.
Dallas Cowboys Break Ground on New Frisco HQs
In August, 2013, the City of Frisco and the Frisco Independent School District announced a partnership with the Dallas Cowboys for a mixed-use development that would incorporate Dallas Cowboys’ new headquarters and training grounds in Frisco.
Wheelock Street Capital Acquires 316-Acre Master-Planned Community from NVR; New Student Housing Project Rising in Winston-Salem
Wheelock Street Capital of Greenwich, Connecticut has acquired the 316-acre master-planned community of Jordan Pointe in Apex from national home-building holding company NVR, Inc., the parent company of NVHomes and Ryan Homes.
Mark-Taylor, Kitchell Open 274-Unit Multifamily Property in Mixed-Use Development
The first luxury multifamily project developed by Mark-Taylor in Pima County, the Villas at San Dorado has recently opened as part of a 24-acre mixed-use development that also includes a walkable shopping destination.
Major Multifamily Projects in Pittsburgh Receive $90M Financing through Huntington Bank
As part of a public-private neighborhood revitalization effort, two major mixed-use apartment developments in Pittsburgh have received a total of $90 million in loans through Huntington Bank’s commercial real estate division.