BlackRock
5 Hot Topics from NYU’s Women in Real Estate Conference
Top takeaways from The Schack Institute of Real Estate’s third annual symposium in New York City.
Starwood Capital JV Acquires Sydney Office for $307M
Centuria and BlackRock had owned The Zenith, a two-building office complex in the city’s Lower North Shore, since 2016. The deal marks Starwood’s single largest transaction to date in Australia.
Durst Org. Secures $120M Loan for NYC Office Condo
Acting as administrative agent, Capital One provided financing for the 150,000-square-foot space at 855 Avenue of the Americas.
BlackRock to Buy eFront for $1.3B
With the all-cash purchase of the Paris-based alternative investment software and solutions provider, the global asset manager will significantly enhance its technology platform.
Capital One Lends $175M for Manhattan Office Tower
BlackRock and L&L Holding Co. will use the financing to pay down debt on the recently renovated 575,000-square-foot office tower located near Grand Central Terminal.
Top 5 Office Portfolio Transactions of 2017
Throughout the past year, the U.S. office transaction volumes softened, but this didn’t stop institutional investors such as Duke Realty, BlackRock or JPMorgan to trade massive portfolios at high prices, Yardi Matrix data shows.
CBRE Adds Tenants to Houston Office Tower
Sage Plaza recently underwent a series of upgrades that included the addition of a new fitness center and renovating the outdoor seating area.
BlackRock Sells LA Office
Eastdil Secured represented the seller of Pacific Corporate Towers, a three-tower office building in El Segundo, Calif., which an institutional investor purchased.
Mitsui Fudosan Buys Stake in $3.6B Hudson Yards Project
The Japanese developer will take a 90 percent stake in 50 Hudson Yards on Manhattan’s Far West Side. The deal follows its 2014 acquisition of the nearby 55 Hudson Yards tower.
Hines Nabs Houston Logistics Park
The company has tripled its holdings in the city’s industrial market with the acquisition of a 2.2 million-square-foot distribution center in La Porte, Texas.