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CoStar"s People of Note (Mar. 24) - CBRE, HFF Add Senior Managing Directors

It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes the following markets: Washington DC, M.....»»

Category: realestateSource: COSTAR17 hr. 7 min. ago Related News

$435 Billion of New Global Capital Targeting CRE

The amount of new capital available for global real estate investment in 2017 stands at $435 billion, lower than last year’s peak but the second-highest figure recorded since 2009, according to new rese.....»»

Category: realestateSource: COSTARMar 23rd, 2017Related News

Sears Discloses for First Time it May Not Survive, Marks Latest Blow to Dept. Store/Mall Sector

Sears Holdings Corp. (NASDAQ:SHLD) saw its share price plunge this week after disclosing there was "substantial doubt” about its ability to remain in business, raising fresh concerns about the survival.....»»

Category: realestateSource: COSTARMar 23rd, 2017Related News

Developer Unveils $250M Plan to Rescue Financially Listing Queen Mary Attraction

A Los Angeles real estate investment and development company has announced a rescue plan for the Queen Mary, which as a tourist attraction has often navigated through a sea of red ink over the decades s.....»»

Category: realestateSource: COSTARMar 23rd, 2017Related News

Starwood Ups Initial Bid for Milestone Apartments REIT Buyout

An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid an.....»»

Category: realestateSource: COSTARMar 22nd, 2017Related News

Starwood Slightly Raises Initial Bid for Milestone Apartments REIT

An affiliate of Starwood Capital Group on Wednesday agreed to a 10 cents-per-unit increase in its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transact.....»»

Category: realestateSource: COSTARMar 22nd, 2017Related News

SoftBank Reported to Invest $300 Million in Shared Office Provider WeWork

Japanese telecom and communication giant SoftBank Group Corp. has reportedly invested $300 million in New York City based WeWork Cos., in a possible prelude to a much larger funding round expected .....»»

Category: realestateSource: COSTARMar 22nd, 2017Related News

SoftBank Invests $300 Million in Shared Officer Provider WeWork

Japanese telecom and communication giant SoftBank Group Corp. has reportedly invested $300 million in New York City based WeWork Cos., in a possible prelude to a much larger funding round expected .....»»

Category: realestateSource: COSTARMar 21st, 2017Related News

Madison Marquette Hires Former DTZ COO/CFO as President

National real estate investment, development and management firm Madison Marquette has brought in former DTZ COO and CFO John J. Fleury to serve as president. Based in the firm's Washington, D.C.....»»

Category: realestateSource: COSTARMar 21st, 2017Related News

Cushman & Wakefield Acquires Ashlar Urban to Expand in Canada

Cushman & Wakefield will increase its presence in downtown Toronto after finalizing a deal to acquire Ashlar Urban Realty, a dominant mid-market CRE firm in Toronto. Under the agreement, all 31 of A.....»»

Category: realestateSource: COSTARMar 21st, 2017Related News

Target Unveils Prototype for Redesign of 500 Stores by 2019

Target Corp. (NYSE: TGT) has unveiled elements of a redesigned store format that will serve as the basis for a multi-billion-dollar investment to convert 500 of the retailer's existing stores and rol.....»»

Category: realestateSource: COSTARMar 21st, 2017Related News

Office Lease Up (March 20) Goldman Sachs Agrees to Relocate Dallas Offices from Las Colinas to 170,000 SF at Trammell Crow Center

J.P. Morgan Asset Management locked up a new anchor tenant at the company's Trammell Crow Center in downtown Dallas with the signing of Goldman Sachs to a 170,000-square-foot lease. Goldman Sachs .....»»

Category: realestateSource: COSTARMar 20th, 2017Related News

JCPenney Discloses Locations of 138 Stores Set to Close

Following up on its announcement late last month, J.C. Penney Company Inc. (NYSE: JCP) today disclosed the location of the 138 stores it plans to close along with two distribution facilities it plans.....»»

Category: realestateSource: COSTARMar 17th, 2017Related News

JCPenney Identifies 138 Stores for Closing

Following up on its announcement late last month, J. C. Penney Company Inc. (NYSE: JCP) today disclosed the location of the 138 stores it plans to close along with two distribution facilities. Approxim.....»»

Category: realestateSource: COSTARMar 17th, 2017Related News

CoStar"s People of Note (Mar. 17) - Colliers Florida Announces New Statewide Leadership, Principals Named at Lee & Associates, Next Realty

It's time to update those contact managers with CoStar's People of Note, reporting news on significant new CRE hires and promotions. This week's issue includes.....»»

Category: realestateSource: COSTARMar 17th, 2017Related News

Updated: Scion Group-Led JV Acquires Student Housing Portfolio for $1.6 Billion

A joint venture of Chicago-based student housing developer The Scion Group, Canada Pension Plan Investment Board (CPPIB) and Singapore wealth fund GIC have purchased three U.S. student housing portfol.....»»

Category: realestateSource: COSTARMar 16th, 2017Related News

Scion Group-Led JV Acquires Student Housing Portfolio for $1.6 Billion

A joint venture of Chicago-based student housing developer The Scion Group, Canada Pension Plan Investment Board (CPPIB) and Singapore wealth fund GIC have purchased three U.S. student housing portfo.....»»

Category: realestateSource: COSTARMar 16th, 2017Related News

Exclusive: NGKF Ramping Up National Valuation/Appraisal Practice With Key Hires, Expansion Plans

Newmark Grubb Knight Frank (NGKF) is rolling out a national valuation and appraisal service to support ambitious plans for its investment-sales platform. After recruiting Cushman & Wakefield's forme.....»»

Category: realestateSource: COSTARMar 16th, 2017Related News

Global CRE Group Bans Dual Agency in UK, Unifying Standards in US May Prove More Elusive

They have offically banned the real estate practice of dual agency across the pond. This week, the Royal Institution of Chartered Surveyors (RICS), a global real estate accreditation body that certi.....»»

Category: realestateSource: COSTARMar 16th, 2017Related News

Exclusive: Newmark Ramping Up National Valuation/Appraisal Service to Support Expanding Capital Markets Business

Newmark Grubb Knight Frank (NGKF) is rolling out a national valuation and appraisal service to support ambitious plans for its investment-sales platform. After recruiting Cushman & Wakefield's forme.....»»

Category: realestateSource: COSTARMar 16th, 2017Related News