West
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.
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.
W3 JV Acquires Sunpower Occupied Property in San Jose
A JV of W3 Partners and Ridge Capital Partners has purchased a three-building Class A office complex in the third largest city in California.
Clarion Grabs 120 KSF Beverly Hills Office Building for $80M
Clarion Partners has bought a premier asset, a Class A office building with a full tenant roster at 100 N. Crescent Drive.
Amazon’s HQ in Seattle Sold to — Surprise! — Amazon for $1B
Vulcan Real Estate sold 11 office buildings to Amazon totaling 2 million square feet in the South Lake Union neighborhood.
Archstone Partnership Buys Green Apartments in Venice, Calif., for $56M
A partnership sponsored by Archstone has purchased The Frank, an upscale 70-unit apartment property, for $56 million.
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.
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.”