CPP Investments, Greystar form U.S. life sciences development JV
Canada Pension Plan Investment Board (CPP Investments) and Greystar Real Estate Partners, LLC (Greystar) have formed a new joint venture to develop Class-A life...
BentallGreenOak commits $400m to White Oak multifamily partnership
White Oak Partners (White Oak) said that BentallGreenOak (BGO), acting on behalf of its institutional investors, has committed $400 million of equity to form...
JLL arranges $296m refinancing for Chicago office tower
JLL Capital Markets has arranged a $296 million refinancing for 321 N. Clark, a 936,240-square-foot trophy office tower in Chicago's River North submarket.
JLL worked on behalf of the borrower, a joint...
Hines makes another industrial acquisition in San Diego
Hines Global Income Trust has acquired Miramar Activity Business Center, comprising five industrial flex buildings in the Miramar submarket of San Diego.
The 161,000-square-foot complex...
DiamondRock sells hotel in New York City for $185m
DiamondRock Hospitality Company has completed the sale of the 725-room Lexington Hotel in New York City for $185.3 million.
Including the company's projected capital expenditures, the sale price...
CNN Center in Atlanta sells to joint venture
A joint venture between Florida-based commercial real estate company CP Group and funds managed by Miami-based Rialto Capital Management has acquired the CNN Center in...
MGM Resorts to acquire 50% interest in CityCenter for $2.12bn
MGM Resorts International has agreed to acquire Infinity World Development Corp's (Infinity World) 50 percent interest in CityCenter Holdings, LLC for $2.125 billion.
MGM Resorts...
CBRE Group buys Union Gaming
Commercial real estate services and investment firm CBRE Group, Inc. has acquired Las Vegas-based Union Gaming, a boutique investment bank and advisory firm focused exclusively...
Office Properties Income Trust buys two Class A properties for $550m
Office Properties Income Trust (OPI) has acquired two Class A office properties for $550 million.
Office Properties Income Trust acquired the approximately 531,190 square foot...
Ventas to acquire New Senior Investment Group in $2.3bn deal
Ventas, Inc. said on Monday it would acquire New Senior Investment Group Inc.(New Senior) in an all-stock transaction, valued at approximately $2.3 billion, including...
Logistics facility in Ohio sells for $100m
Bahrain-based GFH Financial Group (GFH) has acquired a warehousing and distribution logistics facility, fully leased to FedEx Inc, situated in Ohio for US$100 million.
The facility is...
Kennedy Wilson forms $1.5bn JV to invest in Western U.S. multifamily assets
Kennedy Wilson has formed a new joint venture with an unnamed global institutional investor to acquire and manage core-plus multifamily communities in the Western...
