Details of the new division of Starwood Capital, a subsidiary of Starwood Financial Inc., are few. Sources say Starwood Technology Ventures, formed last year, was created to invest in technology-oriented real estate.
Boston Capital Institutional Advisers has tapped a European lender to provide it with $135 million to acquire 99 High St., a Boston office building, for $168.5 million. The financing was arranged by Greenwich Group.
G.W. Williams has lined up $15 million of financing from California Federal Bank for an industrial property in the San Francisco area.
Landauer Associates, which has been selling mortgages on the secondary market for three years, will soon launch a Web site designed that allows investors to conduct thorough due diligence on loans it offers.
Sam Guss becomes the third high-ranking executive to leave Sonnenblick-Goldman. He will head up Kennedy-Wilson's east coast investment-sales operation.
The two new CMBS deals came right on top of each other. The Chase deal has more than 50 percent of its collateral contributed by G.E. Capital. The Salomon deal contains mostly Criimi Mae loans originated in 1998.
AMLI Commercial is looking to convert its Chicago-area land into income-producing properties. It will soon start construction of nearly 1 million sf of industrial and office buildings.
The Los Angeles investment firm has tapped Kennedy-Wilson to market a Sacramento-area property that is net leased to BankAmerica and a Torrance, Calif., retail property.
Issuers that were planning to use Duff & Phelps in coming CMBS deals are having to retrench now that Fitch IBCA is purchasing its smaller rival. One deal has already been delayed by a month.
The head of Sonnenblick-Goldman's hospitality practice has joined Jones Lang LaSalle as head of its North American hotel operation. He's filling a post that was recently vacated.
© 2023 Commercial Real Estate Direct All rights reserved.
© 2023 Commercial Real Estate Direct All rights reserved..