Waypoint Residential to develop multifamily properties worth $325m
Real estate investment firm Waypoint Residential, LLC will develop six multifamily property projects worth $325 million. These investments include expanding into the...
CIM Group to bring new entertaiment venue to Jack London Square, Oakland
CIM Group announced that it has secured a long-term lease with John McEnery IV to bring an approximately 40,000-square-foot entertainment venue with novel food...
UC Hastings College of the Law selects Greystar as master developer for $450M academic...
University of California Hastings College of the Law has selected Greystar Real Estate Partners to develop $450 million multi-phase academic village for its campus...
Hudson Pacific Properties to build office tower in Seattle
Hudson Pacific Properties has purchased the condominium rights for $86 million to build a 16-story office tower adjacent to the Washington State Convention Center...
Blackstone makes minority investment in BC Partners
BC Partners, a leading international investment firm with over €22 billion of assets under management in private equity, private credit and real estate, announced...
The 30 richest real estate billionaires in America
Irvine Company Chairman Donald Bren ranked first among the richest real estate billionaires in America with an estimated net worth of $17 billion, nearly six times President...
Greystar closes its U.S. multifamily value-add fund at $2bn
Greystar Real Estate Partner announced the final close of its U.S. multifamily value-add fund, Greystar Equity Partners X (“GEP X”), with equity commitments of...
Four Seasons to open luxury hotel and private residences in New Orleans
Four Seasons Hotels and Resorts, together with developers Carpenter & Company Inc. and Woodward Interests, LLC, will open a luxury hotel and Private Residences...
Safehold closes $180m ground lease in New York City
Safehold Inc. has closed on the previously announced $180 million Safehold™ ground lease under the office property at 685 Third Avenue in New York...
Construction starts fall 21% in December
According to Dodge Data & Analytics, total construction starts in the final month of 2019 dropped 21% from the previous month to a seasonally adjusted...
Park Tower in Sacramento sold for $165.5m
KBS Assisted in the Acquisition of Park Tower in Sacramento, California; Class A Office Tower for $165.5 Million on Behalf of Prime US REIT
Park...
SoftBank Group announces end of WeWork tender offer because closing conditions not met
SoftBank Group Corp. (SoftBank) today announced that, in accordance with the terms of its October 2019 Master Transaction Agreement (MTA) with The We Company...
