SCI Investments has purchased a 1,021-unit portfolio of student housing properties located throughout the country.The Los Angeles firm purchased the property on behalf of tenant-in-common investors from GMH Communities Trust of Newtown Square, Pa., which marketed the portfolio...
Heitman LLC has raised $800 million of equity commitments for its latest value-add investment vehicle, Heitman Value Partners II.The capital was raised from 20 institutional clients and could be leveraged into more than $2.4 billion of investments. Heitman,...
Triple Net Properties has acquired 8555 University Place, a 315,000-square-foot office building in St. Louis.The Santa Ana, Calif., firm purchased the three-story building on behalf of tenant-in-common investors from Northpark Partners ESA, a St. Louis venture consisting of...
SCI Investments has purchased a 1,021-unit portfolio of student housing properties located throughout the country.The Los Angeles firm purchased the property on behalf of tenant-in-common investors from GMH Communities Trust of Newtown Square, Pa., which marketed the portfolio...
CIM Group has purchased two hotel properties in downtown Oakland totaling 646 rooms. The Los Angeles hospitality firm is purchasing the properties, the 484-room Oakland City Center Marriott and a 162-room Courtyard Oakland Downtown, from a joint venture...
Triple Net Properties has acquired 8555 University Place, a 315,000-square-foot office building in St. Louis.The Santa Ana, Calif., firm purchased the three-story building on behalf of tenant-in-common investors from Northpark Partners ESA, a St. Louis venture consisting of...
Bascom Group has paid $48 million for the Dunwoody Club, a 532-unit apartment complex in Atlanta.The Irvine, Calif., firm purchased the complex from Place Properties of Atlanta, which marketed the property through CB Richard Ellis.Bascom plans to renovate...
CIM Group has purchased two hotel properties in downtown Oakland totaling 646 rooms. The Los Angeles hospitality firm is purchasing the properties, the 484-room Oakland City Center Marriott and a 162-room Courtyard Oakland Downtown, from a joint venture...
Kenmore Group LLC has paid $17.5 million for Malibu Vista, 30,742-square-foot office building in Malibu, Calif.The Santa Monica, Calif., investment firm purchased the property from Malibu Vista Partners of Beverly Hills, Calif., which was represented by Sperry Van...
Bascom Group has paid $48 million for the Dunwoody Club, a 532-unit apartment complex in Atlanta.The Irvine, Calif., firm purchased the complex from Place Properties of Atlanta, which marketed the property through CB Richard Ellis.Bascom plans to renovate...
Chicago Sun Times Health Care Service Corp. has announced that it will add 24 stories to its building at 300 E. Randolph in Chicago's East Loop. Health Care Service Corp., the parent company for Blue Cross and Blue...
Kenmore Group LLC has paid $17.5 million for Malibu Vista, 30,742-square-foot office building in Malibu, Calif.The Santa Monica, Calif., investment firm purchased the property from Malibu Vista Partners of Beverly Hills, Calif., which was represented by Sperry Van...
Chicago Sun Times Health Care Service Corp. has announced that it will add 24 stories to its building at 300 E. Randolph in Chicago's East Loop. Health Care Service Corp., the parent company for Blue Cross and Blue...
UrbanAmerica LP has sold seven office and retail properties with 331,000 square feet in the Washington, D.C., area for $48.5 million.The properties were sold to a local investor group operating as Urban Retail Investors LLC. They are: 3907...
New York Community Bancorp Inc. has agreed to sell 960 Ave. of the Americas, a 99,000-square-foot office building in Manhattan's Herald Square neighborhood, for $105 million.The lender took over the property last year when it acquired Atlantic Bank...
Feldman Mall Properties Inc., which owns seven regional malls with 7 million square feet, is exploring strategic alternatives, which could result in the sale of the Great Neck, N.Y., REIT.The company, run by developer Larry Feldman, went public...
Verizon has agreed to sell a portfolio of 25 office and industrial properties with 2.3 million square feet to a venture controlled by GHP Office Realty of White Plains, N.Y., and Benereofe Properties of Purchase, N.Y.The telecom giant...
Brickman Associates has agreed to pay about $40 million for 40 Court St., a 115,069-square-foot office building in downtown Boston.The New York investment firm is buying the 12-story building from a joint venture between Paradigm Properties and the...
SL Green Realty Corp. has paid $38 million for 1010 Washington Blvd., a 143,400-square-foot office building in Stamford, Conn.The two-building property was purchased from BPG Properties Ltd. It sits across from 1055 Washington, a 181,800-sf building that Green...
GE Real Estate has provided $69.5 million of fixed-rate financing to Atherton-Newport, allowing the Irvine, Calif., investor to refinance five apartment properties with 791 units it owns in the Seattle area.The financing was originated under GE's flexible fixed-rate...
Reebok is offering for sale a 329,000-square-foot distribution center in the Boston suburb of Stoughton, Mass.The British sneaker manufacturer is seeking to consolidate its space since being acquired by Adidas last fall. It has tapped the Boston office...
Principal Real Estate Investors has raised $225 million of equity for a value-add fund that would invest in a variety of real estate debt.Principal Life Insurance Co., an affiliate of the Des Moines, Iowa, investment manager, committed 10...
Maguire Partners is offering for sale a stake in its 900-acre Solana mixed-use project in Dallas.The Los Angeles firm has tapped HFF Inc. to explore the sale of a partnership interest to an institutional investor. The partner will...
Regency Centers Corp. last week priced $400 million of unsecured notes through underwriters led by JPMorgan Securities and Wachovia Securities. The notes, which pay a coupon of 5.875 percent and mature June 15, 2017, were priced at 99.527...
Cushman & Wakefield has hired Chris Strain as executive director and managing broker of the company's newly-opened Sacramento, Calif., office. A 20-year veteran of commercial real estate, Strain was the co-founder of C. Strain Corporate Real Estate, which...
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