Callahan Capital Properties
Oak Hill JV Locks In $700M Loan for Chicago Tower
The ownership plans to use part of the proceeds to refinance existing debt.
RXR Acquires 49% Stake in NYC Skyscraper
The home of Fox and Dow Jones is also getting a $300 million makeover.
Howard Hughes Sells $210M Stake in Chicago Trophy Tower
This marks the second-highest valuation on record for an office building in the city.
Ivanhoé Cambridge Acquires Callahan Capital Properties
The companies had a strategic partnership since 2012, growing their U.S. office portfolio to more than $10 billion.
DLA Piper Special Report: Deal Making in Uncertain Times
Following a surge in transaction volume last year, sellers are now hesitant. Some are looking for 2015 pricing in 2017, which buyers don’t want to offer.
Natixis Facilitates First “Green Bond” CMBS Deal
The firm issued the first green-specific tranche in a CMBS to refinance part of Ivanhoé Cambridge and Callahan Capital Properties’ $358.6 million acquisition loan for New York City’s 85 Broad St.
85 Broad St. in Manhattan Gets 2 New Owners
The 1.1 million-square-foot building takes up the full block of Broad Street between South William and Pearl streets and has 115 feet of frontage along Broad Street in the Financial District.
TOD Jefferson at Malden Center Breaks Ground
Jefferson Apartment Group’s latest development will include 320 apartments, office and retail space, as well as a new public park. The project is slated for completion in 2019.
Ivanhoé Cambridge JV Buys Chicago Office Tower
The company and its partner, Callahan Capital Properties, paid $145 million to acquire the 576,000-square-foot high-rise at 125 S. Wacker Drive in the city’s West Loop neighborhood.
News Corp., 21st Century Fox Renew NYC Leases
The two leases total more than 1.2 million square feet.