Mid-Atlantic
Clarion Partners Joins Honest Buildings Network as Its Largest Owner
Clarion Partners has joined the Honest Buildings network as the latter’s largest property owner and manager.
ULI Special Report: Emerging Trends Respondents Optimistic About Recovery
Optimism permeated the Emerging Trends in Real Estate results this year, with respondents finding a marked improvement over last year. Researchers gave reporters a sneak peak Wednesday during the ULI Fall Meeting.
SJP Properties Breaks Ground on $500M Redevelopment of Historical The Modern
SJP Properties will officially break ground today on the redevelopment of the infamous The Modern site, which dates back to the 1900s and includes uses for silent films, bribery scandal involvement and Helmsley ownership.
$75M Renovation Produces Westin New York Grand Central
Westin Hotels & Resorts has opened a flagship property in the heart of midtown Manhattan, following a $75 million renovation to the former New York Helmsley Hotel.
A Monumental U.S. Property Fund Index
A webinar hosted by the Pension Real Estate Association and Investment Property Databank this week unveiled the consultative release of the new Index for the second quarter of 2012, which encompasses the entire risk spectrum of core, value-add and opportunistic strategies, as well as both diversified and sector specific funds.
Northwood Investors Buys Metro Denver’s 900 KSF Southlands Town Center
Northwood Investors of New York has acquired a 900,000-square-foot outdoor lifestyle center in Aurora, Colo.
Berkeley Point Capital Arranges $75M for Refinance of M-F Apartment Communities in D.C.
Berkeley Point Capital arranged for the refinance of a 1,072-unit, Class B apartment complex located in Washington D.C.’s Mount Pleasant neighborhood.
BIG USA, M&J Wilkow Acquire Interest in 1 MSF Pittsburgh Shopping Center
BIG Shopping Centers USA and M&J Wilkow teamed up to buy 765,000 square feet of a million-square foot shopping center in Pa.
The Outlook for Investing in Secondary and Tertiary Markets
Key takeaways from the recent MHN-CPE webinar “Secondary and Tertiary Markets: Identifying, Finding and Investing in Commercial Real Estate Opportunities.”
Avison Young Acquires New Jersey-Based Walsh Co.
Canada’s largest independently owned commercial real estate services company has bought New Jersey-based project management service firm, The Walsh Co. led by two brothers.