Top Real Estate News Top Real Estate News <![CDATA[EdR, UNIVERSITY OF KENTUCKY AGREE ON DELIVERY OF 1,610 BEDS BY 2015]]> LEXINGTON, KY. — A committee in the Kentucky Legislature has provided the final approval...]]> <![CDATA[REINVENTING AMERICA’S DRUGSTORE: AN INSIDE LOOK AT WALGREENS]]> LAS VEGAS – Walgreen Co. CEO and president Gregory Wasson gave Tuesday’s ICSC RECo...]]> <![CDATA[RETAILERS LOOK TO URBAN AREAS, ONLINE TO CAPTURE TODAY’S CONSUMER]]> LAS VEGAS — Many retailer experts attending ICSC RECon in Las Vegas on Monday believed t...]]> <![CDATA[RECON KICKS INTO HIGH GEAR FOLLOWING OPENING DAY AWARDS CEREMONY]]> LAS VEGAS — A sea of humanity will flood the Las Vegas Convention Center beginning ...]]> <![CDATA[$60M EXPANSION OF TANGER OUTLETS COOKSTOWN NEAR TORONTO GETS UNDERWAY]]> TORONTO — Tanger Factory Outlet Centers and RioCan Real Estate Investment Trust have bro...]]> <![CDATA[DDR TO BUY STAKE IN JOINT VENTURE PORTFOLIO FOR $1.46B]]> BEACHWOOD, OHIO — DDR Corp. has agreed to pay $1.46 billion for full control of 30 shopp...]]> <![CDATA[TWO TEAMS BID FOR $1B CONVENTION CENTER REDEVELOPMENT IN MIAMI BEACH]]> MIAMI BEACH, FLA. — Bjarke Ingels Group (BIG), an international partnership of architect...]]> <![CDATA[HEALTH INFORMATION TECH FIRM BUYS OFFICE PARK IN BOSTON FOR $168.5M]]> WATERTOWN, MASS. — Athenahealth Inc. has finalized its purchase of the Arsenal on the Ch...]]> <![CDATA[WEXFORD INVESTING $150M IN WAKE FOREST INNOVATION QUARTER]]> WINSTON-SALEM, N.C. — Wexford Science & Technology LLC, Wake Forest Baptist Med...]]> <![CDATA[KEYBANK TO ACQUIRE BANK OF AMERICA'S COMMERCIAL MORTGAGE SERVICING ARM]]> CLEVELAND — KeyBank Real Estate Capital, the commercial real estate business unit of Key...]]> <![CDATA[LUBERT-ADLER AMASSES $2B MULTIFAMILY PORTFOLIO WITH LATEST ACQUISITION]]> ALEXANDRIA, VA. — Real estate investment company Lubert-Adler has teamed up with The Lar...]]> <![CDATA[HINES SELECTS BUYERS FOR NYC BUILDINGS IN $1B ANNOUNCEMENT]]> NEW YORK CITY — Hines has announced that a subsidiary of the Hines U.S. Core Office Fund...]]> <![CDATA[STARWOOD HOTELS INVESTS MORE THAN $400M IN NYC HOTELS]]> NEW YORK CITY — Starwood Hotels & Resorts Worldwide Inc. (NYSE: HOT), with its owner...]]> <![CDATA[MHA BROKERS SALE OF FIVE ALABAMA MULTIFAMILY ASSETS FOR $68.2M]]> BIRMINGHAM, ALA. — Multi Housing Advisors (MHA) has brokered the sale of five apart...]]> <![CDATA[SIOUX CITY HOTEL & CONFERENCE CENTER GOES ON THE SELLING BLOCK]]> SIOUX CITY, IOWA— The Sioux City Hotel & Conference Center, a 12-story structure tha...]]> <![CDATA[COLLIERS TO MARKET 16 FEDERAL BUILDINGS]]> FLINT, MICH. — West Second Street Associates has selected Colliers International to mark...]]> <![CDATA[NORTHSTAR ORIGINATES $255M LOAN SECURED BY MILFORD PLAZA HOTEL]]> NEW YORK CITY — NorthStar Realty Finance Corp. (NYSE: NRF), a commercial real estate inv...]]> <![CDATA[JOINT VENTURE ACQUIRES AT&T-LEASED TOWERS IN ATLANTA FOR $225M]]> ATLANTA — Macfarlan Capital Partners, in a joint venture with an entity managed by Cole ...]]> <![CDATA[MINNESOTA’S TALLEST TOWER SELLS FOR $253M]]> MINNEAPOLIS — Inland American Real Estate Trust Inc. has sold the 57-story IDS Cent...]]> <![CDATA[COUSINS ACQUIRES AUSTIN OFFICE TOWER FOR $102.4M]]> AUSTIN, TEXAS — Cousins Properties Inc. (NYSE: CUZ) has acquired 816 Congress Avenue, a ...]]> <![CDATA[CONSTRUCTION BEGINS ON FINAL PHASE OF $100M BIOTECH 8 TOWER]]> RICHMOND — The Lingerfelt Cos. has started work on the third phase of BioTech 8, a six-s...]]> <![CDATA[MERIDIAN CAPITAL ARRANGES $115M LOAN FOR NYC HOTEL CONVERSION]]> NEW YORK CITY — New York City-based Meridian Capital Group LLC negotiated $115 million i...]]> <![CDATA[CORTLAND PARTNERS INVESTS $244M IN APARTMENTS IN DALLAS, ATLANTA]]> ATLANTA AND FORT WORTH, TEXAS — Cortland Partners has continued its expansion in the mul...]]> <![CDATA[STARWOOD COMPLETES ACQUISITION OF LNR PROPERTY FOR $862M]]> GREENWICH, CONN. — Starwood Property Trust (NYSE: STWD) and Starwood Capital Group,...]]> <![CDATA[ROSEMONT REALTY ACQUIRES DENVER WTC OFFICE COMPLEX]]> DENVER  — Rosemont Realty LLC has acquired the Denver World Trade Center office tow...]]> <![CDATA[JLL ARRANGES $184.5M ACQUISITION LOAN FOR HOUSTON'S WILLIAMS TOWER]]> HOUSTON — Jones Lang LaSalle's capital markets team has arranged a $185.4 million ac...]]> <![CDATA[ON DECK: $500M WRIGLEY FIELD RESTORATION PROJECT]]> CHICAGO — The stage is set for historic Wrigley Field and its environs to undergo a majo...]]> <![CDATA[CONSTRUCTION BEGINS ON $260M MIXED-USE PROPERTY IN PLAYA VISTA]]> PLAYA VISTA, CALIF. — The legendary parcel of land that once gave rise to Howard Hughes&...]]> <![CDATA[HENDRICKS-BERKADIA BROKERS $61.8M SALE OF THREE MULTIFAMILY PROPERTIES]]> BRADENTON AND ORLANDO, FLA. — Hendricks-Berkadia Real Estate Advisors has arranged ...]]> <![CDATA[HOLLISTER BREAKS GROUND ON SECOND SITE IN NEWARK’S $149M TEACHERS VILLAGE]]> NEWARK, N.J.— Hollister Construction Services has broken ground on the second of three s...]]> <![CDATA[26-ACRE HUDSON YARDS PROJECT IN MANHATTAN TAKES MAJOR STEPS FORWARD]]> NEW YORK CITY — Related Cos. has announced several big milestones for the first of sever...]]> <![CDATA[THE BREAKERS RESORT IN DENVER RECEIVES $230M IN FINANCING]]> DENVER — The Bascom Group LLC has received $230 million in financing for The Breakers Re...]]> <![CDATA[UNION BANK TO ACQUIRE $3.7B COMMERCIAL REAL ESTATE HOLDINGS FROM PB CAPITAL]]> SAN FRANCISCO AND NEW YORK CITY — Union Bank, N.A., a San Francisco-based financial hold...]]> <![CDATA[COLE CREDIT PROPERTY TRUST III CLOSES ON ACQUISITION OF COLE HOLDINGS CORP.]]> PHOENIX — Cole Credit Property Trust III (CCPT III) has closed on its previously an...]]> <![CDATA[$38M APARTMENT COMMUNITY IS UNDER CONSTRUCTION IN ORLANDO’S HEALTH VILLAGE]]> ORLANDO, FLA. — A joint venture development entity comprised of Wood Partners and the Us...]]> <![CDATA[KROGER BREAKS GROUND ON $74M MALL REDEVELOPMENT ON HILTON HEAD ISLAND]]> HILTON HEAD ISLAND, S.C. — Construction has started on the Shelter Cove Towne Centre, a ...]]> <![CDATA[64-ACRE LIBERTY CENTER DEVELOPMENT COMING TO CINCINNATI]]> CINCINNATI, OHIO — Cincinnati will be the new home of a 64-acre mi...]]> <![CDATA[MORGAN PROPERTIES OBTAINS $1.2 BILLION IN REFINANCING THROUGH BERKADIA]]> KING OF PRUSSIA, PA. — Real estate investment and development firm Morgan Propertie...]]> <![CDATA[PARTNERSHIP TO BUILD $160M BLOCK 21 DEVELOPMENT IN COLORADO]]> AURORA, COLO. — Waveland Ventures LLC, through a partnership with Jackson Street Ho...]]> <![CDATA[TRANSBAY TRANSIT TOWER PARCEL IN SAN FRANCISCO SELLS FOR $192M]]> SAN FRANCISCO — A 50,000-square-foot parcel that may soon be home to the West Coast'...]]> <![CDATA[BIOMED REALTY TO ACQUIRE WEXFORD SCIENCE & TECHNOLOGY IN $640M DEAL]]> SAN DIEGO AND BALTIMORE — BioMed Realty Trust Inc. (NYSE: BMR) has entered into a defini...]]> <![CDATA[JLL CLOSES $265.1M SALE OF TROPHY OFFICE BUILDING IN NYC]]> NEW YORK CITY — Jones Lang LaSalle’s Capital Markets team has closed the $265.1 mi...]]> <![CDATA[MORGAN STANLEY PROVIDES $275M LOAN FOR MILFORD HOTEL IN NYC ]]> NEW YORK CITY — Morgan Stanley Mortgage Capital Holdings LLC has provided $275 mill...]]> <![CDATA[WESTFIELD GROUP ENTERS $1.28B JV WITH O'CONNOR CAPITAL PARTNERS]]> FLORIDA — Westfield Group has entered into an agreement with O’Connor Capital...]]> <![CDATA[MACK-CALI ACQUIRES METRO D.C. APARTMENT PROPERTY IN JV FOR $262.5M]]> ARLINGTON, VA.  — Mack-Cali Realty Corp. (NYSE: CLI) has acquired the 828-unit Crys...]]> <![CDATA[U.S. HOTEL FUNDAMENTALS ARE AMONG THE BEST IN 30 YEARS, SAYS PKF]]> ATLANTA — Healthy real estate fundamentals in the U.S. lodging industry are setting...]]> <![CDATA[$107M STUDENT HOUSING NEIGHBORHOOD COMING TO HOWARD UNIVERSITY]]> WASHINGTON, D.C. — Campus Apartments LLC, a developer and manager of university-affiliat...]]> <![CDATA[CHAMBERS STREET ACQUIRES INTERESTS IN $493M PORTFOLIO FROM DUKE REALTY ]]> PRINCETON, N.J. — Chambers Street Properties has acquired 100 percent of the interests i...]]> <![CDATA[PLANNING FOR DISNEY SPRINGS NOW UNDER WAY NEAR ORLANDO]]> LAKE BUENA VISTA, FLA. — Walt Disney World Resort has announced plans to transform ...]]> <![CDATA[MERIDIAN CAPITAL ARRANGES $128M IN ACQUISITION FINANCING IN NYC]]> NEW YORK CITY — Meridian Capital Group LLC, a national commercial real estate finan...]]> <![CDATA[WALKER & DUNLOP JOINT VENTURE WITH ARA CLOSES $110M IN LOANS]]> BETHESDA, MD. — Walker & Dunlop has arranged financing for five properties in Florid...]]> <![CDATA[SUMMIT HOTEL PROPERTIES BUYS MARRIOTT-BRANDED PORTFOLIO FOR $135M]]> AUSTIN, TEXAS — Summit Hotel Properties Inc. (NYSE: INN), a hotel investment REIT based ...]]> <![CDATA[OAKTREE, NATIONAL FINANCIAL REALTY ACQUIRE $240M OFFICE PORTFOLIO]]> LOS ANGELES — An affiliate of Oaktree Capital Management LP (NYSE: OAK), in partner...]]> <![CDATA[OUE TO ACQUIRE U.S. BANK TOWER IN CALIFORNIA FOR $367M ]]> LOS ANGELES — In a blockbuster deal, Singapore-based Overseas Union Enterprise Ltd....]]> <![CDATA[COLE CREDIT PROPERTY TRUST TO ACQUIRE COLE HOLDINGS CORP.]]> PHOENIX — Cole Credit Property Trust III Inc. (CCPT III) has executed a definitive ...]]> <![CDATA[NIC PRIVATE EQUITY PANEL OFFERS SOUND ADVICE FOR SENIORS HOUSING OPERATORS]]> SAN DIEGO — Seniors housing defies the old axiom that real estate is all about location,...]]> <![CDATA[HINES SELLS WILLIAMS TOWER IN HOUSTON TO INVESCO FOR $412M]]> HOUSTON — Hines, a Houston-based international real estate firm, has sold the 64-story W...]]> <![CDATA[PICERNE COMPLETES CONSTRUCTION ON PORTION OF $550M COMMUNITY IN FORT RILEY]]> FORT RILEY, KAN. — Picerne Military Housing, a division of the Corvias Group, has comple...]]> <![CDATA[MCCARTHY BUILDING COS. TOPS OUT NEW $335M MERCY HOSPITAL IN MISSOURI]]> JOPLIN, MO. — McCarthy Building Cos. has topped out the new 875,000-square-foot Mer...]]> <![CDATA[HINES TO BUY ARCHSTONE’S INTEREST IN CITYCENTERDC PROJECT]]> WASHINGTON, D.C. — Hines, an international real estate developer, has increased its...]]> <![CDATA[EQUITY, AVALONBAY COMPLETE $16B ARCHSTONE ACQUISITION]]> ARLINGTON, VA. — AvalonBay Communities Inc. (NYSE: AVB) and Equity Residential (NYSE: EQ...]]> <![CDATA[COLLIERS ARRANGES $115M SALE OF YESHIVA UNIVERSITY OFFICE BUILDINGS]]> NEW YORK CITY — Colliers International has brokered the sale of a two-building office po...]]> <![CDATA[CBRE ARRANGES $1 BILLION IN LOANS FOR 27 MULTIFAMILY ASSETS]]> DALLAS — CBRE Capital Market’s Debt & Equity Finance group has arranged m...]]> <![CDATA[BERKADIA ARRANGES $89.5M FOR TWO MULTIFAMILY PROPERTIES IN THE NORTHEAST]]> PROVIDENCE, R.I. AND PRINCETON TOWNSHIP, N.J. — Berkadia Commercial Mortgage LLC ha...]]> <![CDATA[PICERNE BREAKS GROUND ON $72M APT. DEVELOPMENT FOR U.S. ARMY IN MARYLAND ]]> FORT GEORGE G. MEADE, MD. — Picerne Military Housing, a division of the Corvias Group, h...]]> <![CDATA[SUFFOLK CONSTRUCTS $400M RESEARCH FACILITY IN MASSACHUSETTS]]> WORCESTER, MASS. — Construction of a state-of-the-art biomedical research and education ...]]> <![CDATA[TISHMAN SPEYER, CHINA VANKE TO DEVELOP HIGH-RISE CONDOS IN SAN FRANCISCO]]> SAN FRANCISCO — Tishman Speyer, a developer and manager of Class A real estate, and Chin...]]> <![CDATA[MANHATTAN OFFICE TOWER RECEIVES $900M IN REFINANCING PROCEEDS]]> NEW YORK CITY — Real estate investment trust SL Green Realty Corp. (NYSE: SLG) has ...]]> <![CDATA[PARTNERSHIP ACQUIRES CARLYLE CENTER IN METRO WASHINGTON, D.C. FOR $78M]]> ALEXANDRIA, VA. — A partnership between Artemis Real Estate Partners LLC and Americ...]]> <![CDATA[TREPP: PERCENTAGE OF CMBS LOANS PAYING OFF AT MATURITY JUMPS]]> NEW YORK CITY — The percentage of loans contained in commercial mortgage-backed securiti...]]> <![CDATA[RUBENSTEIN PARTNERS ACQUIRES OFFICE COMPLEX IN METRO BOSTON FOR $68 MILLION]]> WALTHAM, MASS. — Private equity firm Rubenstein Partners, acting on behalf of Rubenstein...]]> <![CDATA[BROOKFIELD ACQUIRES SOUTHEAST MULTIFAMILY PORTFOLIO FOR $414M]]> TORONTO — Brookfield Asset Management Inc. (NYSE: BAM), a global alternative asset manag...]]> <![CDATA[NORWAY'S OIL FUND, TIAA-CREF BUY FIVE U.S. OFFICE PROPERTIES FOR $1.2B]]> NEW YORK CITY — Norway’s vast oil fund has made its first investment in U.S. real ...]]> <![CDATA[MGPG PURCHASES TERRACINA APARTMENTS IN CALIFORNIA FOR $95M]]> ONTARIO, CALIF. — MG Properties Group (MGPG), in partnership with Rockwood Capital ...]]> <![CDATA[MIXED-USE METROPOLITAN MIDTOWN IN CHARLOTTE SELLS FOR $94M]]> CHARLOTTE, N.C. — Colonial Properties Trust (NYSE: CLP) has sold the 272,000-square...]]> <![CDATA[$168M RENOVATION OF CHICAGO’S LARGEST HOTEL NEARS COMPLETION ]]> CHICAGO — The Hyatt Regency Chicago, the city’s largest hotel, is in its last phas...]]> <![CDATA[JLL: FANNIE, FREDDIE FACE INCREASED COMPETITION IN 2013]]> SAN DIEGO — While government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac wil...]]> <![CDATA[PRUDENTIAL PROVIDES $12.2B FOR COMMERCIAL MORTGAGES GLOBALLY IN 2012]]> SAN DIEGO — It was a banner year for Prudential Mortgage Capital Co. in 2012. The lender...]]> <![CDATA[SUSSI, CAMPUS APARTMENTS FINISH PHASE I OF $200M STUDENT HOUSING INITIATIVE]]> SHIPPENSBURG, PA. — Shippensburg University Student Services, Inc. (SUSSI) and Camp...]]> <![CDATA[TREPP: U.S. CMBS DELINQUENCY RATE FALLS TO LOWEST LEVEL IN NEARLY A YEAR]]> NEW YORK — The delinquency rate for U.S. commercial real loans in commercial mortgage-ba...]]> <![CDATA[SWIRE PROPERTIES, BAL HARBOUR SHOPS TO CO-DEVELOP RETAIL AT CITYCENTRE]]> MIAMI — Swire Properties Inc. and the owners of Bal Harbour Shops have formed an equity ...]]> <![CDATA[PRISM TO LAUNCH $230M EDISON VILLAGE ADAPTIVE REUSE PROJECT]]> WEST ORANGE, N.J. — Prism Capital Partners is preparing to kick off construction of the ...]]> <![CDATA[NAP BREAKS GROUND ON $600M AVALON IN GEORGIA]]> ALPHARETTA, GA. — North American Properties (NAP) began construction Monday on Aval...]]> <![CDATA[MACERICH COMPLETES $500M GREEN ACRES MALL DEAL]]> VALLEY STREAM, N.Y. — The Macerich Co. (NYSE: MAC) has completed its $500 million acquis...]]> <![CDATA[MACK-CALI BEGINS CONSTRUCTION ON $67M MIXED-USE PROJECT IN BOSTON]]> BOSTON — The Roseland subsidiary of Mack-Cali Realty Corp. (NYSE: CLI) has broken g...]]> <![CDATA[ DRAWBRIDGE REALTY BUYS FOUR OFFICE BUILDINGS IN CALIFORNIA FOR $73M]]> SAN FRANCISCO — Drawbridge Realty Trust has acquired four office buildings in San Diego ...]]> <![CDATA[MACK-CALI ACQUIRES TWO METRO BOSTON MULTIFAMILY PROPERTIES FOR $150M]]> BOSTON — Mack-Cali Realty Corp. (NYSE: CLI), an Edison, N.J.-based REIT, has acquired Al...]]> <![CDATA[SPIRIT REALTY, COLE CREDIT PROPERTY TRUST II MERGE IN TRIPLE-NET-LEASE DEAL]]> SCOTTSDALE, ARIZ. — In a blockbuster transaction, Spirit Realty Capital Inc. (NYSE: SRC)...]]> <![CDATA[ST RESIDENTIAL TO SELL $1 BILLION IN MULTIFAMILY ASSETS ]]> ATLANTA — Atlanta-based real estate company ST Residential says it plans to sell a portf...]]> <![CDATA[SONY CORP. TO SELL U.S. HEADQUARTERS IN NEW YORK FOR $1.1 BILLION]]> NEW YORK — Sony Corp. of America, a subsidiary of Sony Corp. (NYSE:SNE), has reached an ...]]> <![CDATA[ARC ACQUIRES OFFICE BUILDING IN NEW YORK FOR $112M]]> NEW YORK CITY — American Realty Capital New York Recovery REIT Inc. (ARC) has enter...]]> <![CDATA[BROOKFIELD BEGINS CONSTRUCTION ON $4.5B MANHATTAN WEST DEVELOPMENT]]> NEW YORK CITY — Brookfield Office Properties Inc. (NYSE: BPO) has kicked off constructio...]]> <![CDATA[CONSTRUCTION BEGINS ON $73M SAN DIEGO VOTERS HEADQUARTERS]]> SAN DIEGO — Lowe Enterprises has begun construction on the third phase of the  San ...]]> <![CDATA[SUPERVALU AGREES TO SELL FIVE GROCERY CHAINS TO CERBERUS]]> EDEN PRAIRIE, MINN. — Supervalu has reached a deal to sell five of its largest grocery c...]]> <![CDATA[RELATED CALIFORNIA BREAKS GROUND ON $120M APARTMENT TOWER]]> LOS ANGELES — Construction of the first residential building of Related California&rsquo...]]> <![CDATA[BERKADIA BUYS MULTIFAMILY BROKERAGE HENDRICKS & PARTNERS]]> PHOENIX— Berkadia Commercial Mortgage LLC, the real estate venture backed by Warren Buff...]]> <![CDATA[GLIMCHER REALTY TRUST ACQUIRES UNIVERSITY PARK VILLAGE IN TEXAS FOR $105M]]> FORT WORTH, TEXAS — Glimcher Realty Trust (NYSE: GRT), a retail real estate investment t...]]> <![CDATA[EQUITY RESIDENTIAL TO SELL $1.5B IN ASSETS TO A JOINT VENTURE]]> CHICAGO — Equity Residential has entered into an agreement to sell a $1.5 billion portfo...]]> <![CDATA[JOINT VENTURE ACQUIRES TERRITORY RETAIL PORTFOLIO IN LAS VEGAS FOR $296.3M]]> LAS VEGAS — Inland Diversified Real Estate Trust has entered a joint venture to acq...]]> <![CDATA[HFF CLOSES $296 MILLION REFINANCING FOR CLARION PARTNERS’ OFFICE PORTFOLIO]]> SAN FRANCISCO — HFF has arranged a $296 million refinancing loan for a 10-property, Clas...]]>