Finance Institutional Investment
Behringer Harvard Announces MF Development in Denver
May 07, 2008
Behringer Harvard has announced its investment in Alexan Prospect, a 400-unit multi-family community slated for construction in the Central Platte Valley, a 120-acre area immediately west of the Denver central business district.
Schostak Bros., BVT Form JV
May 06, 2008
Schostak Brothers & Co., a Livonia, Mich.-based commercial real estate development and investment firm, has announced the formation of a joint venture with German real estate investment firm, BVT Equity Holdings.
CalHFA Commits $2.4M for Affordable, Seniors MF
May 05, 2008
The California Housing Finance Agency (CalHFA) is once again teaming up with Habitat for Humanity to provide $2.43 million for first mortgages to stimulate new homeownership opportunities for more Californians.
GE Real Estate Funds $960M for 34-Property iStar Portfolio
May 05, 2008
New York City-based iStar Financial Inc. has taken a single-source $960 million loan against a portfolio of 34 triple-net-leased single-tenant properties. Holliday Fenoglio Fowler L.P. arranged the adjustable-rate, interest-only loan through GE Real Estate.
Madison Capital, PREI Team for $1B Urban Investment Plan
May 02, 2008
As many investors hesitate to buy assets, even in New York City, Madison Capital and Prudential Investors have their eyes on the prize. The firms are joining forces to acquire up to $1 billion in retail and mixed-use properties, the partners disclosed earlier this week.
Energy Firm Renews, Expands Houston Lease
April 29, 2008
As the energy business continues to grow in Houston, Enbridge Energy Partners L.P.-- operator of the world’s longest crude oil and liquids pipeline system--have added to their Houston office space at the 1100 Louisiana building with a long-term lease renewal and expansion.
GE Provides $100M to Recapitalize 330 Wabash in Chicago
April 28, 2008
GE Real Estate has announced it provided a $100 million on-book bridge loan to an affiliate of Prime Group Realty Trust to recapitalize and reposition 330 N. Wabash, a Class A office building located in the River North area of Chicago, Ill.
RREEF, Blackstone Ramp Up Investments in India
April 28, 2008
RREEF, a unit of Deutsche Bank AG and the world's largest alternative investment manager, has plans to invest more than $1 billion in India’s real estate and infrastructure assets over the next three years, according to a news report by Bloomberg today.
Design Approval Moves $150M Oakland Office Building Forward
April 25, 2008
SKS Investments takes the next step toward developing a $150 million office property at 1100 Broadway in Oakland with the Oakland Planning Commission's hands down approval of the design for the 320,000-square-foot green building.
Baltimore CityScape Moves Ahead
April 25, 2008
The Baltimore Development Corp. has announced that the CityScape project will be moving forward now that Mayor Sheila Dixon has approved its recommendation for the $112.5 million mixed-use project.
Goldman Sachs, L&M Launch Investment Fund for Urban Housing Projects
April 23, 2008
GSLM Capital Partners L.L.C., an investment entity involving Goldman Sachs' Urban Investment Group and L&M Development Partners Inc., has been created for the launching of a new investment fund that will target mixed-income housing projects in various well-populated and ethnically diverse markets across the United States.
Morgan Stanley RE Closes Third Phase of $5.9B Fund
April 23, 2008
Morgan Stanley Real Estate has announced the closing of the third offering for its Special Situations Fund III; the offering raised $2.5 billion of equity commitments, bringing the fund to a total of $5.9 billion.
Hines to Open 2 Logistics Parks in Brazil
April 23, 2008
The São Paulo office of Hines has announced the start of a Brazilian investment program to acquire or develop strategically located logistics parks on major highway intersections in various cities to serve the needs of logistics and transportation clients.
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