Mid-Atlantic
Madison Capital JV Acquires NY Citibank Portfolio for $81M
Madison Capital, in a JV with an institutional owner, acquired a premier portfolio of five Citibank retail bank branches in the New York metropolitan area from FGP West Street for $81 million.
Meridian Closes New Real Estate Fund with $160M in DC Real Estate
The Meridian Group has proven that even in an uncertain economy, a lot of money can still be made in commercial real estate.
Win Properties Refinances 56-Property National Retail Portfolio
Win Properties has refinanced a 56-retail property portfolio with ING Investment Management for $63 million.
C&W: Modest Gains Ahead in 2013 as U.S. Leads Global Investment
On the heels of an uneasy year, 2013 promises improved clarity of fiscal policy that will foster modest growth in investment, especially during the second half.
Microsoft Takes 200 KSF at 11 Times Square
Microsoft has committed to a big chunk of space at 11 Times Square with the signing of a new lease for 200,000 square feet at the state-of-the-art, 1.1 million-square-foot office and retail skyscraper.
Cassidy Turley Acquires Tampa-Based CLW Real Estate
With the acquisition of Tampa-based CLW Real Estate Services Group, Cassidy Turley has expanded its foothold in Florida and a handful of key markets from the West Coast to the East Coast in a single move.
Clarion Nabs $296M Financing for M-F Office Portfolio
Clarion Partners will have some hefty payments to make in the new year, now that a $296 million financing package for a 10-building, 1.6 million-square-foot portfolio of Class A office buildings it owns has been completed.
Ashford, Prudential Complete $216M Financing on Three-Hotel Portfolio
Ashford Hospitality, along with its joint venture partner, Prudential Real Estate Investors, has closed a $216 million refinancing loan secured by non-recourse senior mortgage proceeds for a three-property portfolio of hotels.
24-Property CRE Portfolio Reels in $607M in Financing
Acting on behalf of a pension fund advised by Invesco, RREEF Real Estate and TA Associates Realty, HFF has orchestrated financing totaling $607 million for a real estate portfolio encompassing 5 million square feet of commercial space and 3,499 multi-family units.
Dermot Sells 14-Building Portfolio in NY for $191M
Dermot Property Associates has sold a 14-building portfolio in New York City consisting of 861 apartments and 41 retail units for $191 million.