Regions

Dweck Properties Nabs Two DC Towers for Record $322M

In what is a record-setting deal, Dweck Properties has purchased Archstone Crystal Towers, located in Arlington, Va., for $322 million.

Equus Sells 330-Unit Downtown Chicago Student Housing

Equus Capital Partners, a private equity real estate fund manager, has sold a 330-unit student housing facility in Chicago for $58.5 million to a JV of Atlas Real Estate Partners, Marc Real Residential and Angelo, Gordon and Co.

Interserve, Tiger Developments JV to Build $300M M-U Project in Edinburgh

Britain’s Interserve Plc has signed a joint venture deal with Scottish landowner Tiger Developments to construct and invest in the Haymarket area of Edinburgh.

Jamestown Acquires Retail/Office Portfolio in Downtown San Luis Obispo, Calif.

Jamestown has acquired more than 200,000 square feet of retail and office space in downtown San Luis Obispo, Calif., from Copeland Properties.

Hines Global REIT Buys 510 KSF Office Center in Boston Suburb

Hines Global REIT has acquired Riverside Center, a 510,000-square-foot, three-building office complex in the Boston suburb of Newton, Mass., from Equity Office Properties for $197 million.

Sports-Oriented M-U Development in Berlin to Reshape Urban Hubs

As the European urban development landscape is changing and sustainability is now a major factor, developer Moritz Gruppe has come up with a new vision for a large sports-themed mixed-use project in Berlin.

DAMAC Launches Sea-Front Hospitality Project in Dubai

Damac Properties, the largest luxury private developer in the Middle East, is planning to build a new luxury tower of serviced hotel residences in Dubai Maritime City.

Steadfast Acquires Two Apartment Properties for $61M

California-based real estate investment and development firm Steadfast Income REIT has acquired two apartment communities in separate transactions for an aggregate purchase price of approximately $61 million.

ARCP-Affiliated REIT Closes on Chelsea Office Building for $112M

American Realty Capital New York Recovery REIT has closed on its $112 million acquisition of the fee simple interest in a 13-story, institutional-quality — but recently troubled — office building at 216-18 W. 18th St. in Manhattan’s Chelsea neighborhood.

Waveland JV Plans $160M M-U for Suburban Denver

Waveland Ventures, along with partners Jackson Street Holdings and Arrival Partners, has a mixed-use plan in the works for the active Fitzsimons neighborhood in Aurora, Colo.