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Archive for the Category ‘Investment’

American Realty Advisors Purchases 10.3-Acre San Jose Retail Center

American Realty Advisors Purchases 10.3-Acre San Jose Retail Center

American Realty Advisors has just snapped up the newly built, 80,000-square-foot retail village at Hunter Properties’ $350 million @First mixed-use development in San Jose.

Four Deals Above $20M Show ‘The Market Is Getting Better for Financing’

Four Deals Above $20M Show ‘The Market Is Getting Better for Financing’

Ranging from $20 million to $60 million, four financing deals for a variety of commercial real estate properties are indicators that capital is beginning to flow again for midsize and larger projects.

ULI Special Report: CRE Opportunities Exist Amid Europe’s Debt Crisis

ULI Special Report: CRE Opportunities Exist Amid Europe’s Debt Crisis

Amid the European sovereign debt crisis, opportunities exist for commercial real estate investors on the continent, according to panelists speaking during a session at the 2012 ULI Spring meeting in Charlotte, N.C.

NAIOP: CRE Construction, Development Added $262B to GDP in 2011

NAIOP: CRE Construction, Development Added $262B to GDP in 2011

A new report by NAIOP, the Commercial Real Estate Development Association, found that commercial real estate development contributed $261.6 billion to the U.S. GDP in 2011, including $137.8 billion in hard-cost construction spending as well as $123.8 billion in soft costs, site development and tenant improvements.

Jamestown Purchases 171 KSF New-Construction Office Building in D.C.

Jamestown Purchases 171 KSF New-Construction Office Building in D.C.

Jamestown has purchased the brand-new office building at 733 10th St., NW, handing over $140 million to Skanska USA for the 171,171-square-foot property.

Rockwood Capital Spends $90M on 500 KSF Vacant California Office Campus, Plans Renovations

Rockwood Capital Spends $90M on 500 KSF Vacant California Office Campus, Plans Renovations

Rockwood Capital L.L.C. recently shelled out $90 million to acquire a vacant 500,000-square-foot Silicon Valley office campus that will be redeveloped into a Class A property.

Lowe Enterprises Investors Purchases, Rebrands Chicago Hotel

Lowe Enterprises Investors Purchases, Rebrands Chicago Hotel

Lowe Enterprises Investors, on behalf of one of its investment clients, has acquired the 28-story, 213-room Affinia Chicago Hotel from Denihan Hospitality Group. The property, which will be renamed MileNorth, a Chicago Hotel, will see Destination Hotels & Resorts become the new management firm.

Innovative Student Housing Plans 830-Bed Project at University of Louisville

Innovative Student Housing Plans 830-Bed Project at University of Louisville

Along with a local investment group, Innovative Student Housing has created a joint venture, Cardinal Student Housing and Development, to create an 830-bed community near the University of Louisville.

Chartwell, Health Care REIT Seniors-Housing JV Worth $931M

Chartwell, Health Care REIT Seniors-Housing JV Worth $931M

Completion of a $931 million seniors-housing acquisition in Canada was significant for both Chartwell Seniors Housing Real Estate REIT and Heath Care REIT, as the 8,187-suite transaction makes Chartwell the largest provider of seniors housing in the country and gives Health Care its first foothold in the growing Canadian market.

Griffin-American Healthcare REIT Takes Five More Medical-Office Properties

Griffin-American Healthcare REIT Takes Five More Medical-Office Properties

The co-sponsors of Griffin-American Healthcare REIT II Inc. purchased five medical-office buildings located in California, Arizona and Texas for an aggregate price of $52.5 million. With the purchase, the REIT now holds 76 properties with a total purchased value of $715 million.

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