CRE Herald’s best trending industry news in September
Here are CRE Herald’s best trending global commercial real estate (CRE) industry news for the month. Click on headlines to read more please.
Brookfield, Simon Property to...
Dream appoints new CFO
Dream Unlimited Corp. (Dream), a developer of office and residential assets in Toronto, has appointed Deborah Starkman as new Chief Financial Officer (CFO) effective...
StepStone Real Estate closes fourth fund at $1.4bn
StepStone Real Estate announced the final closing of StepStone Real Estate Partners IV (SREP IV), its fourth in a series of funds focused on...
U.S GDP plunges 31.4% in Q2 2020
Real gross domestic product (GDP) in the U.S decreased 31.4 percent in the second quarter of 2020, according to the third estimate released by the...
Urban Visions, Mitsui Fudosan JV to develop Class A office tower in Seattle
The joint venture between Urban Visions and Mitsui Fudosan America will develop The Net, a 36-story, 812,000-rentable-square-foot, Class A office tower in Seattle.
JLL Capital...
U.S commercial and multifamily mortgage debt rises to $3.76tn
U.S commercial and multifamily mortgage debt outstanding increased by $43.6 billion (1.2 percent) in the end of the second quarter, reached to $3.76 trillion...
Thompson Thrift to develop shopping center in Naperville, Illinois
Thompson Thrift Retail Group, a wholly-owned company of Indianapolis-based Thompson Thrift, has acquired a 4.2 acres of land to develop a $19 million shopping...
Crow Holdings sells industrial property in San Francisco Bay Area
Crow Holdings, a privately owned real estate investment and development firm headquartered in Dallas, Texas, announced its industrial property development company Crow Holdings Industrial...
Hines breaks ground on multifamily property in Oklahoma City
Hines and its partner Humphreys Capital have broken ground on the construction of a multifamily property project at Classen Curve in the Nichols Hills...
Colony Capital announces the sale of hospitality portfolios
Colony Generates Significant Strategic and Financial Benefits on Exit From Hospitality Business
Sale Represents Key Milestone in Colony Capital’s Digital Transformation
Colony Capital, Inc. (NYSE: CLNY)...
Preferred Apartment to sell student housing portfolio to TPG for $478m
Preferred Apartment Communities, Inc. announced that it has entered into a purchase and sale agreement to sell its student housing portfolio to TPG Real...
Cushman & Wakefield releases 2020 Global Office Impact Study
Study predicts office sector recovery to be slow, but full recovery expected despite work-from-home trend
Cushman & Wakefield (NYSE: CWK), a leading global real estate...
