Regions
Port Authority Focusing on Private Capital for Silverstein’s 3 WTC Building
The Port Authority of New York and New Jersey met on Wednesday and revealed a change in its approach to the financing for Silverstein Properties Inc.’s development of 3 World Trade Center.
International: Muse Developments Breaks Ground on $385M M-U Project in London
Lewisham Gateway Developments Ltd., a wholly-owned subsidiary of Muse Developments, broke ground on one of the largest regeneration projects in southeast London, Lewisham Gateway.
Port of San Diego Seeks Developer for Convention-Oriented Hotel & Resort
The Port of San Diego will issue a Request for Qualifications, seeking a developer for a new convention destination resort hotel as part of the Chula Vista Bayfront, considered one of the last great waterfront development opportunities in California.
Retail Opportunity Investments to Buy Fallbrook Shopping Center for $210M
Retail Opportunity Investments Corp. has entered into a binding contract to acquire Fallbrook Center, in West Hills, Calif., for $210 million in cash.
Accor’s HotelInvest Acquires 2 Hotel Portfolios for $1.2B
Accor’s HotelInvest business is adding two real estate portfolios, having agreements to purchase a total of 97 hotels for a combined fee of $1.2 billion.
DTZ Launches Latin American Operations with Opening of Mexico City Office
Global property services firm DTZ has opened its Latin American regional headquarters in Mexico City.
Megalith, Urban Realty, Carlyle to Build 2 M-F Projects in Brooklyn for $100M
Megalith Capital Management, Urban Realty and an affiliate of The Carlyle Group are teaming up to build two luxury residences in the DUMBO neighborhood of Brooklyn, N.Y.
DivcoWest Buys 483 KSF Class A Office Complex in El Segundo, Calif.
DivcoWest has completed the purchase of Continental Grand Plaza, a two-building, 483,000-square-foot Class A office campus at 300-400 Continental Blvd. in El Segundo, Calif.
Carey Watermark Buys Manhattan’s Courtyard Times Square West Hotel for $95M
Carey Watermark Investors has made its second Manhattan acquisition, buying The Courtyard Times Square West, a 224-room select service hotel, for $95 million.
PCCP Provides $98M Loan for Construction of 269-Unit M-F/ Retail Property in Suburban Boston
PCCP has emerged victorious in the bid to furnish Northland Investment Corp. with financing for the construction of Moody & Main, a new mixed-use multi-family property just outside of Boston.