Regions
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.
C&W Arranges 295 KSF Office Lease for Sutter Health
Sutter Health has signed a 10-year lease on an office building in California that will bring more than 1,000 new jobs to the area.
Square Mile Plays $68M Role in Recap of 5 MSF California Office Portfolio
Square Mile Capital Management originated a $68 million mezzanine loan for the recapitalization of a 5 million-square foot Southern California office portfolio.
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.
Canada’s Ivanhoé Cambridge Invests $234M in Silicon Valley Apartment Market
Ivanhoé Cambridge acquired a 208-unit apartment building in San Jose, and announced plans to develop a 648-unit property in the same city.
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.
EXPO REAL Special Report: John Jacob Astor Award Winner Announced
On the second day of the EXPO REAL , a commercial real estate conference in Germany, the winner of the prestigious John Jacob Astor Award was unveiled.