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24-Property CRE Portfolio Reels in $607M in Financing
Acting on behalf of a pension fund advised by Invesco, RREEF Real Estate and TA Associates Realty, HFF has orchestrated financing totaling $607 million for a real estate portfolio encompassing 5 million square feet of commercial space and 3,499 multi-family units. …
Black Friday Spending Soars Due to Early Store Openings, Mobile Device Shopping
This year, several major retailers across the United States started the holiday shopping season several hours ahead of the traditional Black Friday frenzy.…
Harbor Group Sells Suburban DC Apartment Complex to County for $90M
A Harbor Group affiliate has sold Hamptons at Town Center, a 768-residence apartment community in Germantown, Md.…
Taubman TBCL’s JV to Manage 1.5 MSF Shopping Center in China
Two companies are teaming up to own a majority stake and manage an upcoming retail development in Xi'an.…
Economy Watch: IMF Warns U.S. About Fiscal Cliff; REO Pilot Bidders Chosen; Office Vacancies Remain at 17.2% in 2Q
The International Monetary Fund said in a statement that the U.S. economic recovery "remains tepid and subject to elevated downside risks."…
PwC US: Office Sector Making a Comeback
According to PwC US's second quarter Real Estate Investor Survey, the office sector is well on the road to recovery and rising higher on the investment radar.…
Tug of War
New mergers and acquisitions are giving rise to a tug-of-war of sorts among CMBS special servicers, and some A-note holders and others are concerned about the potential for resulting conflicts of interest. …
