Empire State Realty closes $180m loan for Manhattan office property
Empire State Realty Trust has closed on a $180 million mortgage loan for 250 West 57th Street, a 542,000 square foot Manhattan office and retail...
URW secures $925m financing for Los Angeles shopping center
Unibail-Rodamco-Westfield (URW) has secured $925m of new financing for Westfield Century City shopping center in Los Angeles, California, as part of its ongoing financial...
US private market funds surpass $7tn amid growing global dominance
U.S. private market fund managers are seeing exceptional growth, with total assets under management (AUM) now exceeding $7.26 trillion, according to new research from...
KPMG to relocate US headquarters to Two Manhattan West
KPMG is relocating its US headquarters to Two Manhattan West, a new building in Midtown Manhattan's West Side of New York City.
Two Manhattan West is...
WeWork CFO Kimberly Ross to step down
WeWork announced that Kimberly Ross will be stepping down as Chief Financial Officer (CFO) at the end of this month for personal reasons.
WeWork...
Barings completes recapitalization of office property in Raleigh, NC
Barings announced Tueasday that it has closed a joint venture between Barings and The Fallon Company to recapitalize the Class-A+ office property, 301 Hillsborough,...
SIOR announces Top Transactions Award Winners of 2018
The Society of Industrial and Office Realtors® (SIOR) has announced its Top Transactions Award Winners of 2018.
The winners who have completed the largest sales and...
Rexford buys industrial property for $21m
Southern California industrial property investor Rexford Industrial Realty, Inc., a Los Angeles real estate investment trust, has acquired an industrial property, the 6687 Flotilla...
Google to buy Thompson Center in Chicago’s Loop
Google on Tuesday announced it intends to buy the iconic James R. Thompson Center building in Chicago’s Loop.
Google plans to convert the Thompson...
Colliers appoints Chris McLernon as global CEO of real estate services
Colliers has appointed Chris McLernon as Global Chief Executive Officer of Real Estate Services.
McLernon will be based in the firm’s global headquarters in...
Capreit completes full acquisition of European Residential REIT
Canadian Apartment Properties Real Estate Investment Trust (CAPREIT) and European Residential Real Estate Investment Trust (ERES) have completed their previously announced plan of arrangement,...
Wells Fargo announces efforts to keep people housed in response to COVID-19
Wells Fargo & Company (NYSE: WFC) today announced additional efforts to help people stay in their homes with funding for more than 500 nonprofits...
