Alliance Commercial Partners, which recently acquired a 39-building portfolio from Highwoods Properties, is considering selling some of the buildings quickly because of strong investor demand.
The Chicago firm, which has been actively buying and selling this year, is looking to sell two properties that don't fit its investment profile.
New Boston Real Estate Investment Fund, which is controlled by the Rappaport family, plans to buy more than $200 million of real estate next year.
Now's the time to sell Boston commercial real estate, according to a survey of brokers and developers. Many of those surveyed believe the top of the market has been hit.
The two banks are leading a syndicate that will provide a credit facility to Walton Street Real Estate Fund III, an opportunistic investment vehicle that aims to raise $600 million of equity.
The forecast for Atlanta's industrial market is rosy. A host of large users are expected to follow firms like General Electric and Exodus Communications, which recently have taken large chunks of industrial space in and around the city.
BofA has launched an index that tracks the performance of agency-issued securities backed by multi-family loans. It has found that such issues have outperformed CMBS backed by more diversified collateral pools in recent years.
The Chicago investment firm has finished raising $270 million of a planned $600 million fund. Meanwhile, it is formulating plans to sell more than $375 million of office buildings that were acquired with an earlier fund.
Dot-coms that are big on ideas but short on cash sometimes are paying for their space partly with equity. Sometimes landlords get rewarded with a big pay-day.
The San Diego-area luxury hotel was put on the auction block after a dispute between its two former owners. Loews paid cash for the property.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..