The California investment manager has broadened its focus to include apartment properties in the Southeastern United States, which has been enjoying a mass in-migration of people and businesses It's purchased properties in North Carolina and Florida...
Commercial Real Estate Direct Staff Report PC2 Capital, the investment operation launched by former Citi CMBS trader Pasquale Cardone, has had a solid early showing, generating a 146 percent net return for its investors since its inception...
Citymark Capital has completed capital-raising for its second value-add apartment investment vehicle The Cleveland investment manager, which was formed five years ago by Daniel Walsh, the former national head of KeyBank’s real estate capital...
Houston Business Journal Construction is underway on a 116,500-square-foot medical-office building in Houston Healthpeak Properties Inc is developing the five-story property at 7500 Fannin St It already is 36 percent preleased and will include a...
Commercial Real Estate Direct Staff Report A group led by Ray Wirta, chief executive of developer Koll Co and former chief executive with CBRE, has launched an online auction platform designed to help investors in non-traded REITs sell their...
July 17, 2003 JP Morgan Chase has provided $605 million of fixed-rate financing for 17 Battery Place, a 440,000-square-foot office building in lower Manhattan The financing was arranged by Singer and Bassuk Organization, which advised the...
The Los Angeles investor, which focuses on net-leased properties, is embarking on a portfolio expansion and rejiggering It plans to buy up to $500 million of properties, and its appetite has broadened to include multitenant...
May 8, 2003 The Virginian-Pilot Dominion Lands Inc, the real estate subsidiary of power company Dominion Resources Inc, sold the 250 remaining acres of undeveloped land in Bridgeway Commerce Park in Suffolk, Va, for $65 million Suffolk Towers LLC, a...
After two years in which it has been a net seller of real estate, Broe Cos is planning to make $450 million of opportunistic investments in San Francisco, Chicago and Denver It has hired three executives to put its plan to...
The Tel Aviv investment firm is in the process of buying two portfolios valued at more than $100 million apiece Those purchases would go a long way in helping the company meet its goal of increasing the size of its portfolio to $350 million by the...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
