News
Scotland’s Largest NHS Hospital Project Ready for Service
Following a ceremonial key handover in late January, the NHS can settle in at the South Glasgow University Hospital and Royal Hospital for Sick Children campus.
Blackstone’s Logicor Expands Holdings with 4.3 MSF Acquisition in Germany
Blackstone Real Estate Partners Europe IV has acquired 10 warehouse properties in Germany on behalf of its pan-European industrial arm Logicor.
The Ascott Limited Scores Management Contract for Somerset Maslak Istanbul
The Ascott Limited is set to expand its operations in Turkey, as the company has recently secured a management contract for the upcoming Somerset Maslak Istanbul.
The Heart Of Flushing Has A New Elevated Pulse
Elevating the standard for residential offerings in Queens, Onex Real Estate Partners announces that sales have begun at The Grand at Sky View Parc.
Why Manhattan Condos Are Achieving Record High Prices
According to StreetEasy Data, at the end of the final quarter for 2014, Manhattan condo prices reached a record high.
Bell Partners Names New SVP of Asset & Portfolio Management
Bell Partners Inc. has announced Anne W. Ossewaarde to have join as the new senior vice president asset and portfolio management effective as of January 26, 2015.
MBA SPECIAL REPORT: Commercial Real Estate Market Operating at Peak Levels
On several key metrics, the commercial real estate industry is operating at peak levels and breaking all-time records even as the U.S. economic recovery is gathering steam.
TODAY’S DEALS: Wood Partners JV Kicks Off Phoenix Repositioning
Wood Partners and Apartment Realty Advisors buy 350 units in Phoenix; Resource Real Estate nets $2.7 million profit in a Houston sale; and Thomas Bradford Communities makes a value-add move in Mesa.
From Retail to Multifamily: Woolworth Converted to Mixed-Use Building
First Niagara’s Commercial Real Estate Group provided a $4.35 million construction loan to North to South Development for the renovation and conversion of the former Woolworth Store building on East Main Street in Riverhead, N.Y., into 19 affordable rental apartments and ground-level retail.
Economy Watch: Real Estate Could Be Affected By Lower Job Numbers
The Bureau of Labor Statistics is going to release its monthly employment numbers, and while monthly reports contain a certain amount of noise, the real estate industry pays attention—as it should.