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Archive for the Category ‘Investment’

Starwood CEO Sternlicht, Partners to Invest $100M in South Beach Hotel, Condos

Starwood CEO Sternlicht, Partners to Invest $100M in South Beach Hotel, Condos

A consortium including affiliates of Starwood Capital Group, the LeFrak Organization and Invesco Ltd. have purchased a beachfront, mixed-use property in Miami’s South Beach, including a hotel formerly known as the Gansevoort.

SL Green Completes Pieces of $416M Transaction Announced in October

SL Green Completes Pieces of $416M Transaction Announced in October

In two separate transactions, SL Green finalized previously announced deals in its prime hunting ground, Midtown New York City.

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Healthcare REIT II picked up $166.5 million worth of commercial real estate from the partnership of Westport Capital Partners and Reichmann International Development in the form of 10 skilled-nursing facilities across the Southwest.

CBRE Trust Acquires 121 KSF Tampa Office Building

CBRE Trust Acquires 121 KSF Tampa Office Building

CB Richard Ellis Realty Trust has expanded its presence in Florida with the purchase of Sabal Pavilion, a 120,500-square-foot office building in Tampa.

Clarion Grabs 187 KSF Washington State Retail Center

Clarion Grabs 187 KSF Washington State Retail Center

Capitalizing on what will likely be a strong year for retail, Clarion Partners has acquired a 187,000-square-foot shopping center in Covington, Wash., for $31 million.

Omninet Capital Completes Purchase of 285 KSF L.A. Office Park

Omninet Capital Completes Purchase of 285 KSF L.A. Office Park

Omninet Capital has closed on the purchase of Commerce Office Park, a 285,368-square-foot institutional-quality office campus at South Eastern and East Slauson avenues in Commerce, Calif.

ULI: Emerging Trends in Europe Bearish for ‘12

ULI: Emerging Trends in Europe Bearish for ‘12

“Debt” is going to be the name of the game for the European real estate markets in 2012, according to Emerging Trends in Real Estate Europe 2012, the industry forecast published by PwC and the Urban Land Institute.

Morgan Group Refis Five Multi-Family Properties for $146M

Morgan Group Refis Five Multi-Family Properties for $146M

The Morgan Group, a company focused on development, construction and property management of luxury multi-family properties, has arranged financing of $146 million on behalf of its affiliated investment partnerships.

Hines, DLF Ltd. Begin Construction on 800 KSF Office Space in New Delhi

Hines, DLF Ltd. Begin Construction on 800 KSF Office Space in New Delhi

Capitalizing on the increased need for both office and retail space, Hines has partnered with DLF Ltd. to begin construction on One Horizon Center, which will be located southwest of New Delhi in Gurgaon.

Marriott Buys NYC’s Clock Tower for $165M, Plans New Luxury Hotel Brand

Marriott Buys NYC’s Clock Tower for $165M, Plans New Luxury Hotel Brand

After acquiring New York City’s Clock Tower building at 5 Madison Ave. in 2007 for $200 million, Africa Israel USA has sold the property to Marriott International for $165 million.

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