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Hunt Sells $139M in Institutional Apartment Properties
Hunt Investment Management has sold three apartment properties for a total of $139 million on behalf of various clients.
SL Green JV Recapitalizes 4.5 MSF West Coast Office Properties
East Coast office giant SL Green Realty formed a joint venture to recapitalize a 31-property office portfolio in Southern California.
Caesars Entertainment and Caruso Affiliates Announce First Wave of LINQ Tenants
By Alex Girda, Associate Editor Caesars Entertainment has revealed the initial lineup of restaurants, retailers and entertainment venues for the LINQ, its $550 million open-air district scheduled to open on the Las Vegas Strip in late 2013. The tenants will join such previously announced attractions as a giant Ferris wheel. Leading development at the 300,000-square-foot […]
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.”
Arcturus, Avenue Capital Purchase 450 KSF Lifestyle Center in Anaheim
A joint venture of Arcturus and Avenue Capital has acquired Anaheim GardenWalk, a premier lifestyle center in Southern California.
SL Green Shells Out $173M for Premium Manhattan Office Buildings
SL Green Realty bought two adjoining properties on Sixth Avenue from Atlas Capital Group, totaling 47,000 square feet of office real estate.
DAMAC Completes Abu Dhabi Mixed-Use Development
A leading Middle Eastern developer has completed its very first Abu Dhabi development, a mixed-use property called Marina Bay.
Stunted Chicago M-F Project Gets $115M Construction Financing
The downtown Chicago project 111 Wacker Drive is getting its second wind. The multi-family property, which never came to be in 2008 due to the financial crisis, will now be slated to open in 2014.
ULI Survey Scales Back Commercial Real Estate Predictions
The Urban Land Institute released findings showing that commercial real estate property sales will plummet 12 percent from its original estimate six months ago. Employment, on the other hand, is predicted to gradually increase.
Inland American Appoints McGuinness President
Inland American Real Estate has tapped its own Thomas McGuinness to take on the role of president at the REIT after its former president moved on to greener pastures.