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Massive real estate scam based in Irvine bilked people out of $100 million, FTC alleges

The Federal Trade Commission announced Thursday that i.....»»

Category: topSource: latimesNov 8th, 2018

Industrial real estate giant Prologis scoops up DCT Industrial Trust for $8.4 biillion

San Francisco-based Prologis, the world’s largest industrial landlord, will add to its already massive portfolio with an $8.4 billion, all-stock deal to buy Denver-based DCT Industrial Trust Inc. The purchase will add 71 million square feet to .....»»

Category: topSource: bizjournalsApr 30th, 2018

Marin mansion super agent joins brokerage from "Million Dollar Listing" — see what she"s sold over the years

Marin County super agent Tracy McLaughlin, a celebrity in the local luxury real estate market, left Compass Real Estate to lead the Bay Area operation of The Agency, a Beverly-Hills-based brokerage. McLaughlin has sold more than $1 billion in re.....»»

Category: topSource: bizjournalsJan 18th, 2019

New York Life buys Buckhead office tower for $166M

Crocker Partners LLC was the seller. The Boca Raton, Fla.-based real estate company paid $105 million for the property in 2012. Prominence was one of several Buckhead towers on the market in the latter half of the year......»»

Category: topSource: bizjournalsDec 30th, 2018

CityPlace center in Woodbury sold for $78 million

The CityPlace shopping center in Woodbury has sold to an entity related to Oak Brook, Ill.-based The Inland Real Estate Group of Cos. Inc. for $77.8 million......»»

Category: topSource: bizjournalsDec 20th, 2018

CBS to sell Television City complex to L.A.-based developer for $750 million

CBS Corp. said late Monday it has agreed to sell its 25-acre production studio complex CBS Television City and sound stage operation to Los Angeles real estate developer Hackman Capital Partners for .....»»

Category: topSource: marketwatchDec 10th, 2018

Barbara Corcoran explains why she secretly "couldn"t wait" for Fridays — the day she fired people

Barbara Corcoran was a real estate mogul before she became a judge on "Shark Tank." As the head of The Corcoran Group, which she sold in 2001 for $66 million, Corcoran .....»»

Category: topSource: businessinsiderDec 4th, 2018

U-Haul shells out millions for 13 shuttered Kmart, Sears stores

Phoenix-based U-Haul International Inc. has inked a $62 million deal for more than a dozen recently shuttered Kmart and Sears stores, according to a report by SpareFoot, which tracks the self-storage industry sector. Amerco Real Estate Co., a U-Hau.....»»

Category: topSource: bizjournalsDec 4th, 2018

8 Triangle apartments part of $600M sale

A pair of real estate giants has partnered on a $600 million acquisition of apartment communities across the Southeast. And the deal prominently features the Triangle's hot multifamily market. Carroll Organization, an Atlanta-based real estate inv.....»»

Category: topSource: bizjournalsNov 28th, 2018

New York REIT sells H-E-B"s new multilevel shopping center in Bellaire, other Houston-area properties

The Houston area’s first multilevel H-E-B development has a new owner. New York-based Brixmor Property Group Inc. (NYSE: BRX) sold the property at 5106 Bissonnet St. in Bellaire for $17.25 million in September, the real estate investment trust repor.....»»

Category: topSource: bizjournalsNov 18th, 2018

Developer launches lending arm to deploy $750M in loans

New York-based real estate firm Slate Property Group has launched SCALE Lending to provide up to $750 million in transitional and bridge loans to real estate operators and sponsors in the .....»»

Category: realestateSource: realestateweeklyNov 14th, 2018

Southside apartment complex sold to Memphis buyer

A Southside apartment community has been sold to a Memphis real estate company. Memphis-based Fogelman Properties purchased the 268-unit Reserve Bartram Springs Apartments for $41 million from New York-baed Gamma Real Estate, which bought the property.....»»

Category: topSource: bizjournalsNov 13th, 2018

Triad real estate company raises $188 million

Multifamily real estate investor and manager Bell Partners Inc. has raised $188.6 million in equity, according to a Form D filed Tuesday with the Securities and Exchange Commission. Greensboro-based Bell Partners wasn't immediately available to .....»»

Category: topSource: bizjournalsNov 7th, 2018

Facebook is leasing two massive South Lake Union developments, sources say

The two leases give Facebook another 1 million square feet in the Seattle area, commercial real estate industry sources said......»»

Category: topSource: bizjournalsNov 5th, 2018

North Loop apartment building sells for $50 million

An entity related to Chicago-based TH Real Estate has paid $49.95 million for the Variant apartments in Minneapolis' North Loop neighborhood......»»

Category: topSource: bizjournalsNov 2nd, 2018

Metro East apartment complex trades for $4.25 million

Copper Creek LLC, an entity tied to Memphis-based real estate firm Lexington Asset Management, sold the complex......»»

Category: topSource: bizjournalsOct 31st, 2018

Fast 50 winner makes 12th acquisition of 2018

Coastal Ridge Real Estate has completed its 12th acquisition of the year. The real estate group has purchased Eagle’s Brooke, a 248-unit apartment community in Locust Grove, Georgia, for $34 million, in partnership with Miami-based investment group.....»»

Category: topSource: bizjournalsOct 22nd, 2018

Hempel buys Brooklyn Park office building for $5.45 million

Hempel Cos., a Minneapolis-based real estate firm, has purchased a Brooklyn Center office building for $5.45 million, according to Hennepin County real estate filings made public Tuesday. The Concorde Executive Center is a 104,063-square-foot buildi.....»»

Category: topSource: bizjournalsOct 18th, 2018

Anbang in talks to sell Japan real estate to Blackstone, other bidders: sources

Anbang Insurance Group Co Ltd [ANBANG.UL] aims to sell $200 million worth of Japanese real estate to bidders including Blackstone Group LP , about two years after buying them from the U.S. investment firm, two people with knowledge of the matter said......»»

Category: topSource: reutersSep 26th, 2018

Owner of One Eleven Congress, other downtown Austin high-rises names new CEO

One of the biggest landlords in Austin has a new CEO in the wings. Cousins Properties Inc. on Sept. 18 named Colin Connolly its next chief executive, effective Jan. 1. While based in Atlanta, Cousins owns nearly 2 million square feet of real estate .....»»

Category: topSource: bizjournalsSep 22nd, 2018

Real Estate Investment Platform Groundfloor Raises $4.2M

An Atlanta-based fintech lending startup that also offers investors access to invest in real estate debt announced a financing round Thursday.  What Happened Groundfloor raised $4.2 million in a Regulation A online public offering. read more.....»»

Category: blogSource: benzingaSep 20th, 2018