West
Faneuil Hall Marketplace, 2 Other Properties Fetch $280M for GGP
Taken together, the sales of the three properties remove $95 million in mortgage debt from the retail REIT’s balance sheet, the company said.
Economy Watch: Home Foreclosures Down, But Still High
A 34 percent year-over-year decline may be merely a pause before the next uptick, RealtyTrack reported.
Kayne Anderson Takes 161-Unit Student Housing Complex Near USC
The $55 million property opened this fall.
Hines Gets World’s Highest LEED Platinum Rating in San Francisco
Hines took its building at 101 California St. in San Francisco from green to greenest, environmentally speaking, when its property was named to both LEED Platinum status and to the honor of having the highest score in the Existing Buildings category worldwide.
Clarion Spends $100M on 3 California Seniors-Housing Communities
Clarion Partners has just ponied up $100 million for three apartment complexes across California, adding 586 units to its portfolio of seniors-housing properties.
Jones Lang LaSalle, Pacific Real Estate Partners Merge
Commercial real estate services firm Jones Lang LaSalle has substantially deepened its foothold in the Pacific Northwest overnight with the merging of operations with Pacific Real Estate Partners Inc.
Howard Hughes Corp. Completes $250M Loan for Hawaii Mixed-Use Retail Center Project
The Howard Hughes Corp. just received a $250 million loan for the redevelopment of Ward Centers, a 550,000-square-foot shopping district in Honolulu that is set to evolve into a premier mixed-use asset.
EquityOne Sells Two Assets for $124.9M; Buys Shopping Center for $55.5M
EquityOne has closed on the sale of Trio Apartments and Park Plaza for an aggregate $124.9 million and has picked up the sale of Aventura Square for $55.5 million.
LaSalle Hotel Properties Purchases Villa Florence in San Francisco for $67.2M
Villa Florence, a 182-room boutique hotel in San Francisco’s bustling Union Square district, comes under new ownership with LaSalle Hotel Properties’ acquisition of the asset for $67.2 million in cash.
Cole Acquires 5 Multi-Tenant Retail Centers for $58.2M
In five separate transactions, Cole Real Estate Investments has added five additional multi-tenant shopping centers across three states for an aggregate $58.2 million.