Thursday, August 13, 2020
multifamily property

C&W sells $106.7 multifamily portfolio for Varden Capital Properties

Cushman & Wakefield has sold a multifamily portfolio throughout the Southeast on behalf of Varden Capital Properties (VCP) for $106.7 million to the...
Commercial real estate lease

Google signs 15-year lease agreement in Cambridge, Massachusetts

Two days ago, Sundar Pichai, chief executive officer of Google, had announced the company's new investment startegy that includes opening new data...
US commercial real estate

Google announces $13 billion real estate investment

Sundar Pichai, chief executive officer of Google, announced the new Google commercial real estate investment strategy for this year in Google's blog post.
Luxury hotels

IHG buys luxury hotel portfolio for $300 million

Inter Continental Hotels Group has acquired Six Senses Hotels Resorts Spas for $300 million from Pegasus Capital Advisors.It includes all of Six...
Florida multifamily property

Investcorp acquires 8 multifamily properties in the U.S.

Investcorp's U.S.-based Real Estate Investment team has acquired eight new multifamily properties for $330 million. The portfolio includes 2,510...
San Francisco commercial real estate

Gadsden Growth Properties buys commercial retail space in San Francisco Bay Area

Gadsden Growth Properties, Inc., acquired Mission Hills Square, a mixed-use ground up development that includes 158 residential apartment units and 53,900 square...
Commercial Mutifamily Construction

US commercial and multifamily construction starts reach $212.4 billion

According to the Dodge Data & Analytics, commercial and multifamily construction starts increased by 4 percent to $212.4 billion in 2018.
Memphis commercial real estate

FedEx Logistics to move its global headquarters to Memphis

FedEx Logistics will move its global headquarters to Memphis.In a statement released, the former Gibson Guitar factory building will be the new...
US hotel industry

Park Hotels & Resorts Inc sells Pointe Hilton Squaw Peak Resort for $51.4 million

Park Hotels & Resorts Inc. has sold the 563-room Pointe Hilton Squaw Peak Resort, located in Phoenix, AZ, for f $51.4 million.
US student housing market

Preiss and Crow Holdings Capital acquire student housing complex in San Antonio

Student housing owner-operator The Preiss Company, and a private real estate fund advised by Crow Holdings Capital have jointly acquired the 694-bed...