News
Apartments Designed to Increase Scope of Neighborhood
New Chicago mixed-use project aims to “broaden the scope of products and services” in the area.
CPA:18 – Global to Fund $85M Upscale Hotel in Munich
By Ioana Neamt, Associate Editor Munich, Germany—New York City-based W. P. Carey recently announced that CPA:18 – Global will fund the development of a new lifestyle hotel in the heart of Munich. CPA:18 – Global, the 17th in a series of programs sponsored by W. P. Carey, will provide approximately $85 million to complete the construction of the hotel. The new upscale hotel will be located close to Munich’s city center and the Arnulfpark commercial district and will feature 290 rooms. Liran Wizman, co-founder and major shareholder of Grand City Hotels in Germany, is in charge of the development of…
Evanston Apartments Open with Style
Fifield Companies and Carroll Properties’ new community brings “an up-close look at the possibilities luxury rental living can bring.”
TODAY’S DEALS: Legacy JV has Big Plans with Marina del Rey Acquisition
A joint venture led by Legacy Partners buys in Marina del Rey; Relative Properties acquires a 248-unit community from TGM Associates; and details emerge in Armada Hoffler Properties’ sale of a newly built asset in Durham, N.C.
Mexico City Shopping Center Sold By Hines to Local REIT
Real estate investment trust FibraShop recently completed the acquisition of a major retail property located in the Mexico City area.
New Workforce Housing is Uniquely Green
Creating a sustainable, high-energy efficient community in Mountain View, Calif.
Economy Watch: A Reason CRE Deals Continue to Move Forward
Speculation about interest rates and CRE.
Grosvenor America Unveils Mixed-Use DC Development
Grosvenor Americas has obtained a $90 million construction loan for its new mixed-use project, F1RST, in the Capitol Riverfront District in Washington, D.C.
From Manufacturing Plant to Mixed-Income Housing
WinnDevelopment’s adaptive reuse appeals to a broad range of renters.
TODAY’S DEALS: KeyBank Real Estate Capital Provides $215M in Senior Debt
KeyBank finances a 1,284-unit mixed-income housing community; Crown Bay Group completes its first Atlanta acquisition; and Faith Investment Properties closes three sales valued at $28 million.