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Nov 2007 - Jun 2011

 

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Irene apartment building to be sold for $215M

December 30, 2011

The notable Irene apartment building in Maryland was recently discovered to be under contract to be transferred for $215 million, according to The Washington Post.

Taubman Centers makes $560M in retail purchases

December 30, 2011

A recent announcement from Taubman Centers revealed the commercial real estate investment trust made three major retail purchases from an Illinois real estate company.

Commercial real estate witnesses up and down year

December 30, 2011

With the U.S. commercial real estate market struggling over the previous two years, 2011 began strongly.

Sheldon Solow receives $625M loan for Manhattan tower

December 29, 2011

Commercial real estate developer Sheldon Solow recently received a $625 million loan for a debt refinancing on a Manhattan-area tower, according to Bloomberg.

U.S. Commercial real estate witnesses lower distress rates

December 29, 2011

The commercial real estate market may be improving, as the total cost of properties in foreclosure, default or any other distress dropped in October, according to Mike Donnelly in an article in The Washington Post.

M-M Properties purchase Dallas plaza for $100 million

December 29, 2011

A recent announcement from commercial real estate investment firm M-M Properties revealed the company's purchase of a Dallas-area plaza for $100 million.

JLL: Healthcare systems will be affected by reforms

December 28, 2011

Financial services firm Jones Lang LaSalle recently noted in a report that healthcare reform will affect the financial stability of hospitals and healthcare systems across the United States.

Chesapeake Lodging Trust purchases Manhattan hotel for $52.2 million

December 28, 2011

A recent announcement from Chesapeake Lodging Trust revealed it had purchased a Manhattan hotel for $52.2 million.

Brookfield makes $610 million office sale in Boston

December 28, 2011

Brookfield Office Properties recently announced its sale of 53 State Street in Boston for a price of $610 million.

UDR purchases $154 million apartment community in Washington, D.C.

December 27, 2011

Real estate investment trust UDR recently announced it made a joint purchase of a Washington, D.C. apartment property for $154 million.

American Realty Capital Healthcare Trust purchases office buildings

December 23, 2011

A recent announcement from American Realty Healthcare Trust showed the organization recently closed two transactions for two U.S.-based medical office buildings.

Dubai maritime addition to go ahead

December 23, 2011

A recent announcement looks to clear the final hurdle to build the Dubai Maritime City, which may be the largest development of its kind, according to Abu Dhabi publication, The National.

Thomas Properties affiliate sells Virginia properties for $128 million

December 23, 2011

The Thomas Properties Group recently revealed than an affiliate of the real estate company sold a Fairfax, Virginia property for an approximate price tag of $128.7 million.

Manulife makes three purchases totaling $555 million

December 22, 2011

A recent series of purchases by commercial real estate company Manulife was worth approximately $555 million.

EastGroup purchases Florida industrial portfolio for $55.4 million

December 22, 2011

Real estate investment trust EastGroup Properties recently announced its purchase of a large portfolio of Tampa industrial buildings for $55.4 million.

Brandywine makes joint purchase worth $156 million

December 22, 2011

A recent report from Brandywine Realty Trust revealed it joined with Current Creek Investments, a subsidiary of Allstate, to purchase three office properties in the Washington, D.C. area.

PwC says commercial real estate investment improving as year ends

December 21, 2011

A recent survey from PwC showed that the commercial real estate market improved as the year ended, and many investors may continue this through 2012.

Vornado, Kushner announce reworked debt plan for NYC office tower

December 20, 2011

A recent agreement between real estate investment trust Vornado and Kushner Cos., keeps current an investment at 666 Fifth Avenue in New York City.

Goodman announces purchase of office space for Amazon

December 20, 2011

The Goodman Group recently announced its final purchase of 2011, which is approximately 110,000 square meters of commercial real estate space.

RioCan purchases $1.1 billion in properties during 2011

December 20, 2011

RioCan Real Estate Investment Trust recently revealed that for the 2011 calendar year, it purchased 38 properties for $1.1 billion.

Commercial property shows decline in U.K.

December 19, 2011

A recent report from commercial real estate analysis company IPD showed that commercial real estate activity in the U.K. declined for the first time in more than two years.

Hammerson sells London building to Kuwait for 176 million pounds

December 19, 2011

A recent announcement from Hammerson plc revealed that it is selling one of its properties to St. Martins Property Investments Limited, for a price of £176 million (USD $273.1 million).

H&R to sell units, fund purchase of Houston's Hess Tower

December 16, 2011

H&R Real Estate Investment Trust recently announced that along with its partner, H&R Finance Trust, that it will sell $125 million in units to a consortium in order to partially fund the purchase of Hess Tower.

Behringer Harvard Multifamily REIT partners to purchase $1 billion portfolio

December 16, 2011

A recent announcement from Behringer Harvard Multifamily REIT noted it will partner with a client working with the management firm Heitman to purchase a portfolio of multifamily communities across the United States.

Moody's: European commercial mortgage defaults will rise

December 16, 2011

A recent report from Moody's showed that defaults on commercial mortgages will increase in Europe next year.

Whiterock REIT to purchase Edmonton properties for $108M

December 15, 2011

A recent announcement from Whiterock Real Estate Investment Trust revealed the company's plan to purchase nine office properties in Edmonton, Alberta, for a total of $108 million.

Goodman Group, CPPIB increase funding for Chinese joint venture

December 15, 2011

A recent announcement from Goodman Group noted that its partnership with the Canada Pension Plan Investment Board for developments in China will raise their funding to USD $500 million.

JLL: Commercial real estate market will grow slowly in 2012

December 15, 2011

A recent report from Jones Lang LaSalle noted that the commercial real estate market should improve in 2012, but it may not be by much.

Liberty Property Trust makes $50M purchase in Washington, D.C.

December 14, 2011

A recent announcement from Liberty Property Trust unveiled information about the company's $50 million purchase of an office building in Washington, D.C.

Archstone partnership makes $131M purchase in New York City

December 14, 2011

A recent announcement from apartment investment company Archstone revealed the details of its $131 million purchase of Eastbridge Landing, an apartment complex in New York City.

Lehman looking to purchase additional $1.3B stake in Archstone

December 14, 2011

Lehman Brothers Holdings may ask a bankruptcy court to make a $1.3 billion purchase of an additional stake in Archstone, which is already its largest asset, according to Bloomberg.

Brookfield purchases $215M Denver office building

December 13, 2011

A consortium led by Brookfield Office Properties purchased an office building at 1801 California Street in Denver for a price of $215 million.

Report: New York most expensive commercial real estate market in U.S.

December 13, 2011

A recent report from the Building Owners and Managers Association International showed that New York was the priciest commercial real estate market in the United States.

Canadian real estate company purchases California $235M multifamily complex

December 13, 2011

A recent announcement from Ivanhoe Cambridge revealed the Canadian real estate company completed a transaction for San Jose rental complex The Park Kiely for $235 million.

Commercial lenders trying to prevent hotel foreclosures

December 12, 2011

With a significant amount of loans for the hotel industry due in the next 24 months, lenders are scrambling to stop foreclosures on multiple properties, according to Bloomberg.

U.S. commercial real estate mortgage delinquencies mostly stagnant

December 12, 2011

A recent report from the Mortgage Bankers Association showed that mortgage delinquency rates for the commercial real estate and multifamily sectors in the U.S. did not change much in the third quarter.

Investa Office finalizes $315M D.C. sale

December 12, 2011

A recent announcement from Investa Office Fund outlined the company's agreement regarding the transaction of its interest in the Homer Building in Washington, D.C.

Xinyuan completes major land purchase in China

December 09, 2011

A recent announcement from real estate developer Xinyuan revealed the company purchased a large piece of land in China's Henan Province.

Investment firm closes $1.8 billion purchase

December 08, 2011

Kennedy Wilson, an investment and services firm specializing in international real estate, recently revealed it had finalized the purchase of a British loan portfolio for $1.8 billion.

Report: Retail sector not growing quickly enough

December 08, 2011

A recent report from Jones Lang LaSalle showed that while retail sales are increasing due to improved consumer confidence, the sector may struggle to make significant progress over the next 12 months.

Shell renews largest office lease on the globe

December 08, 2011

Shell Oil Company recently extended a lease in Houston that is the largest lease for a commercial property in 2011, according to an announcement by Hines.

JLL to massively cut energy usage

December 07, 2011

A recent announcement from Jones Lang LaSalle showed that it plans to drop energy usage massively at various buildings it runs.

Commercial real estate market outlook vastly improved

December 07, 2011

While the real estate market has been hurt by a lack of new employment, the commercial sector has done well.

RioCan REIT finalizes two major purchases

December 06, 2011

The RioCan Real Estate Investment Trust recently announced it purchased the Sheppard Centre, as well as the Alamo Ranch.

HOOPP buys land for $300M development

December 06, 2011

The Healthcare of Ontario Pension Plan recently purchased 33 acres of land and plans to create office space in the area, according to commercial real estate service Avison Young.

Canadian REIT to take Houston tower for $445M

December 06, 2011

The Hess Tower is reportedly on the verge of being sold to a Canadian real estate investment trust, according to the Houston Business Journal.

Global industrial rents gaining ground

December 05, 2011

A recent study from CBRE found that global industrial rents grew during 2011, and should continue to rise over the next 24 months.

Grubb & Ellis REIT to purchase $112M in healthcare properties

December 05, 2011

A recent announcement from Grubb & Ellis Healthcare REIT II outlined its intent to purchase a series of medical office buildings across the United States.

Holiday shopping sales could improve retail space situation

December 02, 2011

With higher than expected retail sales during Black Friday surprising market experts, there is hope that this could lessen the commercial real estate vacancy problem in some retail centers, according to MarketWatch.

HFF finalizes high-rise sale in Chicago

December 01, 2011

Commercial real estate firm Holliday Fenoglio Fowler recently announced the sale of a multi-housing community in the River North neighborhood of Chicago for $90 million, according to a company release.