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$25 million office portfolio in Cary boosts Michigan group"s Triangle holdings

The two properties total 137,759 square feet combined and are located south of Lake Crabtree......»»

Category: topSource: bizjournalsDec 22nd, 2020

Didn"t get a PPP loan? Colorado launches new fund to help smaller companies

A volunteer group of investors is raising as much as $50 million from the private sector to supplement a $2.5 million contribution from the Colorado Office of Economic Development and International Trade......»»

Category: topSource: bizjournalsApr 22nd, 2020

Goldman"s investment portfolio takes almost $900 million hit from pandemic

Goldman Sachs Group Inc. has Wall Street’s biggest investment portfolio, a boast that became a liability in the first quarter as fallout from the coronavirus weighed on the firm’s holdings. The... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkApr 18th, 2020

Zilber"s new plan for Dairyland in Kenosha includes apartments, offices, industrial

Zilber Property Group is stepping into the long-gestating Dairyland Greyhound Park redevelopment with a new concept for 360 apartments, three office buildings and about 1.75 million square feet of industrial buildings......»»

Category: topSource: bizjournalsApr 17th, 2020

Shaker Group charges ahead with $6 million expansion as pandemic slows economy

The company will triple its office and warehouse space when it moves from Latham into the 65,000-square-foot building it is renovating off Routes 4 and 32 in Waterford......»»

Category: topSource: bizjournalsApr 13th, 2020

Why Jacobs Engineering"s Stock Is Trading Higher

Jacobs Engineering Group (NYSE: J) shares are trading higher on Monday, after the company announced it won a $29 million cybersecurity support contract by the United States patent and trademark office. read more.....»»

Category: blogSource: benzingaApr 6th, 2020

Paramount Group to sell stake 1633 Broadway

Paramount Group, Inc. has entered into an agreement to sell a 10 percent interest in 1633 Broadway, a 2.5 million square foot trophy office building located on Broadway between 50th an.....»»

Category: realestateSource: realestateweeklyApr 2nd, 2020

New development group says it has something to prove with $300M Carrollton project

Here's the story behind Namhawk's $300 million mixed-use plans in Carrollton that include apartments, an office tower, two condo towers and a hotel......»»

Category: topSource: bizjournalsMar 23rd, 2020

Japan"s MUFG takes big loss on loan to Glencore-led coal port: sources

Mitsubishi UFJ Financial Group (MUFG) sold off its $85 million loan to Glencore's Wiggins Island Coal Export Terminal (WICET) in Australia to a hedge fund on Wednesday at about 52 cents in the dollar, two sources said......»»

Category: topSource: reutersMar 18th, 2020

AirAsia shares plunge after Airbus bribery allegations

Shares of Malaysia's AirAsia Group and unit AirAsia X fell on Monday, after allegations by Britain's Serious Fraud Office that Airbus paid a bribe of $50 million to win plane orders from Asia's largest budget airline group......»»

Category: topSource: reutersFeb 2nd, 2020

Wall Street bargain hunter will save $180 million in office rent

One of Wall Street’s kings of bargain basement buying found a way to cut the price of its own headquarters on Sixth Avenue.  Fortress Investment Group has renegotiated its lease at 1345 Sixth Ave.,... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkJan 8th, 2020

JL Capital takes over development of Sky Ala Moana from Avalon Group

JL Capital is taking over the development of the $500 million Sky Ala Moana condominium and hotel project that recently broke ground on Kapiolani Boulevard, from Avalon Group, which will continue to market the project’s 474 residential units. Tim L.....»»

Category: topSource: bizjournalsDec 13th, 2019

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.....»»

Category: topSource: bizjournalsDec 11th, 2019

SoftBank to go ahead with WeWork stock tender offer this week

SoftBank Group Corp will this week launch a previously agreed tender offer for as much as $3 billion of WeWork shares, including up to $970 million owned by the office sharing company's cofounder Adam Neumann, two people familiar with the matter said......»»

Category: topSource: reutersNov 24th, 2019

25 new towers pegged for downtown Austin

There’s no question Austin is a boomtown. A record-breaking 8.1 million square feet of office buildings is under construction in the capital city, according to CoStar Group Inc., as developers and investors try to capitalize on rising prices and .....»»

Category: topSource: bizjournalsNov 21st, 2019

Thor refinances Brooklyn office building

Thor Equities Group has refinanced 180 Livingston Street in Brooklyn for $92.2 million, company executives announced. Acquired by Thor Equiti.....»»

Category: realestateSource: realestateweeklyNov 20th, 2019

300 Lakeside, massive Oakland office complex, hits the market

300 Lakeside, Oakland’s largest office complex, is on the market.   Owners Swig Co. and Rockpoint Group recently revamped the lobby, added a conference center and are close to finalizing approval to more than double the office space in the 975,0.....»»

Category: topSource: bizjournalsNov 19th, 2019

Shorenstein closes on $350M loan for 1407 Broadway

JLL Capital Markets arranged a $350 million loan to finance the leasehold position of 1407 Broadway, a 43-story, 1.1 million-square-foot office building. The group worked on behalf of Shorenstein Pro.....»»

Category: realestateSource: realestateweeklyNov 7th, 2019

Rolls-Royce takes another $1 billion hit to fix problem engine

The bill to fix Rolls-Royce's Trent 1000 engine has risen by another 800 million pounds ($1 billion) as the aerospace group battles to reduce disruption to airline customers that have had to ground Boeing 787 passenger planes for repairs......»»

Category: topSource: reutersNov 7th, 2019

Debt markets eager for slice of Rockpoint, CLK refinancing

Cushman & Wakefield announced that the firm served as the exclusive advisor to Rockpoint Group & CLK Properties in the procurement of $125 million for the refinancing .....»»

Category: realestateSource: realestateweeklyOct 23rd, 2019