Regions
EXPOReal Special Report: Eastern Bloc’s Emerging Markets
Emerging markets and the unique CRE potential in the eastern bloc was the focus on Day 2 of the International Trade Fair for Property and Investment conference in Munich.
TCN Worldwide Expands into Hong Kong
TCN Worldwide has entered the Hong Kong market by bringing OfficeAsia into the fold as one of its member firms.
Madison Marquette Grabs 202 KSF M-U Property in Seattle Suburb
Madison Marquette has teamed up with two foreign institutional investors in a JV to purchase the Bellevue Galleria, a 202,000-square-foot mixed-use project in the Seattle suburb’s downtown.
Dune, Penzance JV Acquires 188 KSF Office Building in DC for $64M
Federal Capital Partners and Penzance have sold the office building at 1101 Connecticut Ave. NW, in Washington, D.C. to a new joint venture, well, half-new. Penzance teamed up with Dune Real Estate Partners to acquire the downtown asset for $64 million.
EXPO Real Special Report: Russia Tackling Housing Issue, Looking at Indian Project to Adopt PPPs
On the first day at EXPO Real 2013 in Munich, a panel of members from Russia’s legislative body spoke about its country’s challenges with housing issues, compliance with international law.
Mayer Brown Signs 187 KSF Lease in NYC’s Rockefeller Center
The Rockefeller Group has completed an 187,000-square-foot lease with Mayer Brown at 1221 Avenue of the Americas, a 50-story office tower anchoring the western border of Rockefeller Center between West 48th and West 49th streets.
Citi, Simone Provide NMTC Financing for Metro Center Atrium in the Bronx
Simone and Citi Community Capital, acting in partnership with Monge Capital, provided New Markets Tax Credit financing for the construction of the 370,000-square-foot project which, as home to many healthcare and social services providers, will help fill the gap in medical services in the area.
Harrison Street Completes Largest Self-Storage Portfolio Sale of 2013
Public Storage REIT has acquired a portfolio of 43 self-storage properties totaling 22,500 units in five states from Harrison Street, accounting for the largest self-storage portfolio transaction of 2013 so far.
Trio of Lenders Provide $850M for Tysons Corner Center Refi
Prudential Mortgage Capital, Northwestern Mutual and TIAA-CREF each chipped in $283 million, for a total $850 million, to refinance Tysons Corner Center in metro Washington, D.C.
Landesbank Provides $110M for Queens, NY M-F Project
Landesbank is providing construction financing for a new luxury multi-family tower scheduled to go up in Long Island City in the New York City borough of Queens.