Massive real estate scam based in Irvine bilked people out of $100 million, FTC alleges
The Federal Trade Commission announced Thursday that i.....»»
An oceanfront compound in Southampton just sold for $57.5 million. Here"s a look inside the massive property, which has 2 houses and its own private beach.
Bespoke Real Estate A two-house compound in one of the Hamptons' most exclusive a.....»»
Form D Friday: Denver-based private equity fund raises $34 million
Several other real estate funds were raised this week......»»
Publix-anchored center in Palm Beach County sold for $12M
The Publix Super Markets-anchored Paradise Place shopping center in West Palm Beach sold for $11.65 million. Paradise Place Station LLC , an affiliate of Cincinnati-based private real estate investment trust (REIT) Phillips Edison & Co., sold the 74,49.....»»
Another office portfolio in airport submarket acquired, netting nine figures in sale
Charlotte-based private equity real estate investment firm South Street Partners acquired Coliseum Centre Three, Five and Six for $102 million......»»
Former Trammel Crow executive hot on "untapped resources" in south Fort Worth
The leader behind this Dallas-based commercial real estate company has announced plans for a 2.2 million-square-foot industrial park. Here's why they're betting on the south Fort Worth submarket......»»
21-acre office and R&D campus in Milpitas changes hands for $130M
San Francisco-based real estate investment firm Soma Capital Partners has purchased the five-building Murphy Crossing office and R&D campus in Milpitas for $130 million, netting its previous owner a nearly 48 percent profit. Soma Capital purchased five .....»»
The Staenberg Group now owns the Chesterfield Mall
The Staenberg Group has closed on its deal to acquire the Chesterfield Mall. The retail-focused commercial real estate firm acquired the 1.2 million-square-foot mall from Georgia-based Hull Property Group for an undisclosed price in a transaction th.....»»
Form D Friday: Denver-based real estate firm raises $6.8 million
A dating app and a video service company also raised money this week......»»
Project that helped spark West Midtown development boom sells for nearly $80 million
Charlotte-based Asana Partners adds another piece to its significantly-expanded Atlanta real estate portfolio......»»
Philly refinery sale draws $240 million winning bid from real estate developer
Chicago-based real estate developer Hilco Redevelopment Partners is expected to pay $240 million in its winning bid for the Philadelphia Energy Solutions refinery site, bankruptcy court documents showed on Wednesday......»»
This Woodley Park apartment complex set a record the last time it sold. Not this time.
Boston-based GID Real Estate Investments has acquired The Woodley apartments in Northwest D.C. for $180.25 million, a relative bargain for the multifamily property that set a record when it last sold less than six years ago. GID bought the 212-unit c.....»»
Medtronic sells its local office campus to Chicago firm for $34M
Medtronic has sold its four-building, 467,000-square-foot local office campus to Chicago-based Oak Street Real Estate Capital for $34 million. The medical device company will lease back about 250,000 square feet of that space, including all of the new.....»»
Luhrs Building in downtown Phoenix sells for $14 million
A Utah-based real estate company bought the Luhrs Building in downtown Phoenix for $14 million. According to real estate database Vizzda, a partnership between Lincoln Property Co. and Invesco sold the building to Provo, Utah-based PEG Cos. The 10-st.....»»
Workers at this company are getting $50,000 holiday bonuses
Giant bonuses are great news for employees — and for the IRS. St. John Properties, a Baltimore-based real estate developer, spread out a $10 million bonus payment among its 198 employees. Here's what that means for their taxes......»»
Cresco Labs Closes $50M Sale-And-Leaseback Agreement With GreenAcreage
Cresco Labs (CSE: CL) (OTC: CRLBF) said Thursday it has closed an agreement to sell its Lincoln-based cannabis cultivation facility to GreenAcreage Real Estate Corp. for $50 million. 0 read more.....»»
Meridian sells Clearwater office complex to Boston firm for $15.3M
Meridian Development Group, a Tampa-based commercial real estate agency, has sold three units of Meridian Concourse Center in Clearwater, a four-building office and flex/industrial complex, for $15.3 million. The buyer, Albany Road Real Estate Par.....»»
A real estate firm surprised its 198 employees with $10 million in bonus money at the company"s holiday party: "It"s life-changing"
St. John Properties/Vimeo A real-estate firm based in Baltimore collectively gave employees a $10 million bonus to celebrate achieving a goal it set in 2005. Bonus amounts were set according to the nu.....»»
Tour of Homes 2019: Hines Ward residence among notable metro Atlanta sales (Photos)
This year marked another successful year in the luxury residential real estate industry, based on the number of multi-million-dollar home sales in the metro area between Jan. 1, 2019 and Nov. 22, 2019. Our Tour of Homes special section features a sam.....»»
I went inside the eerily empty skyscraper in Times Square that"s home to the New Year"s Eve ball
Jamznb / Shutterstock One Times Square is one of the most iconic buildings in America and among the most expensive real estate in the world. On New Year's Eve, about one million people gather around it while another bill.....»»
Insurance startup growing at rapid clip
Jones, a New York City based commercial real estate startup, announced an additional $4.6 million venture round led by Hetz Ventures alongside JLL Spark, WeWork, MetaProp Ventures, GroundUp Ventures and 500 Startups. The company has raised $8 million .....»»