News

May 22, 2013 - Rubenstein Partners raises $215 million for second office fund
Outlet: Instutional Real Estatate Newsline

Rubenstein Parners has raised $215 million for its Rubenstein Properties Fund II, according to a filing with the Securities and Exchange Commission.
May 22, 2013 - Palmer House Hilton in Chicago for sale
Thor Equities has listed for sale the 1,639-room Palmer House Hilton hotel in Chicago, which is expected to fetch $500 million.
May 22, 2013 - Manhattan office building receiving bids of more than $1.3 billion
Outlet: Commercial Real Estate Direct

Bids of more than $1.3 billion have been received for the 600,000-square-foot office building at 650 Madison Ave. in Manhattan.
May 22, 2013 - Bentall Kennedy makes three appointments
Outlet: Released

Bentall Kennedy has announced the appointments of Betsy Weingarten, Wes Ahrens and Steve Lekki.
May 22, 2013 - Ontario Teachers' Pension Plan to open Hong Kong office
Outlet: Vancouver Sun - Online, The

The Ontario Teachers’ Pension Plan says it open up an office in Hong Kong within months, as it pushes to increase their exposure to emerging markets from 15 percent to 20 percent.
May 22, 2013 - Starwood Capital goes shopping for malls
Outlet: Fox Business Network - Online

Starwood Capital Group is in talks to buy seven U.S. shopping malls from Westfield Group for more than $1 billion, a deal that would mark the latest in a flurry of big-ticket acquisitions of retail property.
May 22, 2013 - Aberdeen completes U.S. fund manager acquisition
Outlet: Money Marketing - Online

Aberdeen Asset Management has completed the deal to buy U.S. fund management house Artio Global Investors.
May 21, 2013 - ICSC elects David LaRue of Forest City Enterprises as new chairman
Outlet: Financial Post - Online

The International Council of Shopping Centers (ICSC) has elected David LaRue, president and CEO of Forest City Enterprises, Inc., to serve as the association’s chairman for the 2013–2014 term.
May 21, 2013 - Duke puts 17-property office portfolio up for sale
Outlet: Business Courier of Cincinnati

Duke Realty Corp. is offering for sale 17 office buildings with 2.3 million square feet in the Cincinnati, Cleveland and St. Louis areas.
May 21, 2013 - Brandywine REIT selling interest in Austin portfolio
Outlet: Austin Business Journal - Online

Brandywine Realty Trust (NYSE: BDN) has placed its Austin suburban office portfolio on the market with an unusual marketing proposition.
May 21, 2013 - Macquarie sells out of MGPA
Outlet: The Age

Macquarie Bank has sold out of one of the last remaining pre-GFC property funds management operations with the takeover of real estate advisory firm MGPA by US company BlackRock.
May 21, 2013 - First Potomac raises secondary offering to $91 million
Outlet: Washington Business Journal - Online

Bethesda-based First Potomac Realty Trust will sell 6.5 million shares in a secondary offering at $14.70 per share, up from an initial plan to sell 6 million shares.
May 21, 2013 - CBRE Global Investors fund acquires Atlanta apartment community
Outlet: Released

CBRE Strategic Partners U.S. Value 6, a fund sponsored by CBRE Global Investors, has acquired Dunwoody Place, a class A, 396-unit, garden-style apartment community in the Buckhead/Sandy Springs submarket of Atlanta.
May 20, 2013 - BlackRock to acquire MGPA
Outlet: Released

BlackRock has agreed to acquire MGPA, making it a $25 billion global real estate investment manager.
May 20, 2013 - Blackstone buys $241.5 million in Washington-area industrial properties
Outlet: Capital Business

An affiliate of Blackstone Group, the New York private equity firm, will buy 23 industrial properties in Virginia, Maryland and the District as part of a sell-off of local property by Bethesda-based First Potomac Realty Trust.
May 20, 2013 - Contra Costa County ERA proposes $241 million investment in private real estate
Outlet: Institutional Real Estate Newsline

The $5.95 billion Contra Costa County (Calif.) Employees Retirement Association board has proposed an additional allocation of $241 million to invest in closed-end real estate funds.
May 20, 2013 - Blackstone forms two new REITs
Outlet: CoStar Group

One for Hotels; One for Mortgages The ranks of real estate investment trusts continues to grow with Blackstone Group seeks to establish two new commercial REITs, BRE Select Hotels Corp. and Blackstone Mortgage Trust.
May 20, 2013 - Henderson launches U.S. student housing fund
Outlet: Released

Henderson Global Investors plans to launch a U.S. Student Housing Fund to invest in high-quality student housing properties in target markets within the United States.
May 20, 2013 - Kimco Realty completes the sale of a nine-property Mexican shopping center portfolio
Outlet: Business Wire - Online

Kimco Realty Corp. has closed on the sale of a nine-property Mexican shopping center portfolio to a local real estate operator for a gross sales price of 3.35 billion Mexican pesos ($274 million).
May 17, 2013 - Denver firm acquires 14W apartments for $110 million
Outlet: Washington Business Journal - Online

An affiliate of Simpson Property Group has paid $110 million for the 231-unit 14W apartment building in Washington, D.C.
May 17, 2013 - Hines to develop more office space in Houston
Outlet: Houston Business Journal

Hines recently acquired a 35,000-square-foot development site in the River Oaks neighborhood of Houston that is slated to become an office project. Hines may build another office tower in the inner-Loop.
May 17, 2013 - Prism partners with Angelo, Gordon on $121 million buy
Outlet: Real Estate Weekly - Online

Prism Capital Partners has teamed up with Angelo, Gordon & Co. to acquire Princeton Pike Corporate Center for $121 million.
May 17, 2013 - Fowler Multifamily holds first close for apartment fund
Outlet: Institutional Real Estate Newsline

San Francisco–based Fowler Property Acquisitions Multifamily has held a $310 million first close for its fourth fund.
May 17, 2013 - Hines sells three Southern California buildings for $550 million
Outlet: Institutional Real Estate Newsline

Hines has entered into a contract with GI Partners to sell three properties in Southern California for approximately $550 million.
May 17, 2013 - CalSTRS looks for real estate portfolio manager
Outlet: Institutional Real Estate Newsline

The $161.4 billion California State Teachers’ Retirement System (CalSTRS) is looking for a real estate portfolio manager.
May 17, 2013 - Recent commercial real estate acquisitions
Outlet: Institutional Real Estate Newsline

The two largest completed transactions included an office in Watertown, Mass., and a hotel in San Jose.
May 16, 2013 - Elco Landmark Residential acquires two multifamily assets located in North Carolina
Outlet: Daily Finance

Elco Landmark Apartment Trust Holdings has acquired two garden-style multifamily properties located in Cary, N.C., for a combined purchase price of approximately $56 million.
May 16, 2013 - Dundee to raise up to €109 million
Outlet: EGi

Dundee International, the Germany-focused Canadian REIT, is raising up to C$143.9 million (€109 million) through an equity offering to fund future acquisitions.
May 16, 2013 - HCN gets $1.7 billion from equity offering
Outlet: Yahoo! Finance

Recently, Health Care REIT announced the closure of its public offering of common stock. Health Care REIT generated gross proceeds of approximately $1.7 billion from the offering.
May 16, 2013 - Agree Realty announces joint venture
Outlet: DailyMarkets.com

Agree Realty Corp. has closed on a 4.2 acre parcel of land in conjunction with Real Estate Affiliates as part of its Joint Venture Capital Solutions program.
May 16, 2013 - Forest City and AIGform strategic equity partnership for apartment project
Outlet: DailyMarkets.com

Forest City Enterprises has closed a strategic capital partnership with AIG Global Real Estate for the development of 3700M, a 381-unit apartment project in the West Village neighborhood.
May 16, 2013 - GGP and TIAA-CREF enter partnership to own The Grand Canal Shoppes
Outlet: State Journal - Online, The

General Growth Properties and TIAA-CREF have formed a partnership to own and operate The Grand Canal Shoppes, including The Shoppes at the Palazzo, located in Las Vegas, Nevada.
May 16, 2013 - Non-traded REIT pays $77 million for Ariz. industrial complex
Outlet: Commercial Real Estate Direct

Industrial Income Trust has paid $77 million, or $94.25/sf, for Broadway 101 Commerce Park, an 808,419-square-foot industrial property in Mesa, Ariz.
May 16, 2013 - New Rochelle, N.Y., apartments offered for sale, may fetch $225 million
Outlet: Commercial Real Estate Direct

AvalonBay Communities is offering for sale the Avalon on the Sound East, a 588-unit apartment property in the New York City suburb of New Rochelle, N.Y., that could fetch about $225 million.
May 16, 2013 - Kimco acquires partner's interest in marketplace near Seattle
Outlet: Business Wire - Online

Kimco Realty Corp. has added the Marketplace at Factoria in the suburban Seattle community of Bellevue, Wash., to its consolidated portfolio.
May 16, 2013 - Getty Realty pays $72.5 million for gas station portfolio
Outlet: New York Business Journal

Getty Realty Corp. has paid $72.5 million for 36 Exxon-Mobil and Shell gas station properties in the New York and Washington, D.C., areas.
May 16, 2013 - Indianapolis office complex sold for $79.1 million
Outlet: Commercial Real Estate Direct

An affiliate of American Realty Capital Trust IV Inc. has paid $79.1 million for the Rolls-Royce office complex at 450 South Meridian St. in Indianapolis.
May 16, 2013 - Ares to buy multifamily lender Alliant Capital
Outlet: Released

In another big commercial move, Chicago-based Ares Commercial Real Estate Corp. will buy multifamily lender Alliant Capital. The sale will cost $62.8 million.
May 15, 2013 - Tishman, Highwoods pursuing One Alliance acquisition
Outlet: Atlanta Business Chronicle - Online

Tishman Speyer is pursuing the acquisition of Buckhead’s One Alliance Center tower.
May 15, 2013 - Brookdale to pay $80.9 million for seven seniors facilities
Outlet: Commercial Real Estate Direct

Brookdale Senior Living Inc. has agreed to pay $80.9 million for a portfolio of seven senior-living communities with a total of 613 units.
May 15, 2013 - Land Securities/CPPIB JV to develop the £768 million first phase of Victoria Circle
Outlet: Released

Land Securities and its joint venture partner Canada Pension Plan Investment Board (CPPIB) have confirmed the commencement of the £768 million first phase of its Victoria Circle project.
May 15, 2013 - UPDATE: Pathfinder extends final close for residential fund
Outlet: Institutional Real Estate Newsline

Editor’s note: Pathfinder Partners LLC has extended its final close for its Pathfinder Partners Opportunity Fund IV to Aug. 31.
May 15, 2013 - Madison raises additional $93 million for fifth fund
Outlet: Institutional Real Estate Newsline

Madison International Realty continues a strong fundraising period for its fifth value-added fund, Madison International Real Estate Liquidity Fund V.
May 15, 2013 - Aberdeen Asia nears final close for third Asia fund
Outlet: Institutional Real Estate Newsline

Aberdeen Asset Management has plans to hold a final close for its Aberdeen Asia III Property Fund of Funds on May 31.
May 15, 2013 - Kayne Anderson nears final close for third fund
Outlet: Institutional Real Estate Newsline

Kayne Anderson Capital Advisors has planned a final close for its Kayne Anderson Real Estate Partners III (KAREP III) on May 31.
May 15, 2013 - LatAm IV makes Brazilian residential investment
Outlet: Institutional Real Estate Newsline

Paladin Realty Latin America Investors IV (LatAm IV) has completed an investment in the newly created home building joint venture A-PIMA II.
May 15, 2013 - LaSalle confirms fourth Canadian real estate fund
Outlet: Released

LaSalle Investment Management has launched LaSalle Canadian Income & Growth Fund IV. Investment activity will focus on properties across the office, retail and warehouse market segments in Canada’s top six metropolitan areas.
May 15, 2013 - Ares names Schuster Co-CEO
Outlet: GlobeSt.com

Ares Commercial Real Estate Corp. has selected one of its directors, Todd Schuster, to serve as co-CEO.
May 15, 2013 - Quincy Allen and Neville Rhone form Arc Capital Partners
Outlet: Released

Quincy Allen and Neville Rhone, 20-year real estate veterans, have formed Arc Capital Partners, a boutique commercial real estate platform, to capitalize on the improving fundamentals for assets that are priced below intrinsic value.
May 15, 2013 - Ashford Hospitality completes acquisition of Pier House Resort and Spa
Outlet: Google News

Ashford Hospitality Trust has completed the previously-announced acquisition of the 142-room Pier House Resort and Caribbean Spa in Key West, Florida, for total consideration of $90 million .
May 14, 2013 - Avison Young opens new office in Charlotte, North Carolina
Outlet: PR Newswire

Avison Young opens its 31st office outside Canada and third office in North Carolina.
May 14, 2013 - Artemis teams with Primestor for retail
Outlet: GlobeSt.com

-Artemis Real Estate Partners and Primestor Development have formed a joint venture to acquire institutional quality core-plus retail properties in mainstream locations throughout the California.
May 14, 2013 - W. P. Carey seeks $1 billion from new CPA offering
Outlet: GlobeSt.com

W. P. Carey has stated the registration statement for Corporate Property Associates 18 – Global (CPA:18 – Global), its newest non-traded REIT offering, has been declared effective and aims to raise $1 billion.
May 14, 2013 - Pathfinder plans final close for residential fund
Outlet: Institutional Real Estate Newsline

Pathfinder Partners LLC has planned a final close for its Pathfinder Partners Opportunity Fund IV on May 31.
May 14, 2013 - International Farming Corp. fund nears final close
Outlet: Institutional Real Estate Newsline

International Farming Corp. has planned a final close for its U.S. Farming Realty Trust II on May 31, 2013.
May 14, 2013 - Ontario Teachers' Pension Plan names Ron Mock as next president, CEO
Outlet: GlobalPost.com

Ron Mock has been named president and CEO of the Ontario Teachers' Pension Plan. He replaces Jim Leech, who is set to retire at the end of December.
May 13, 2013 - Savanna offers Manhattan's 5 Hanover Square for sale
Outlet: Crain's New York Business - Online

Savanna Partners is offering for sale the 340,000-square-foot office building at 5 Hanover Square in Manhattan for approximately $200 million.
May 13, 2013 - Benderson develops $315 million retail projects
Outlet: Tampa Bay Business Journal - Online

Benderson Development is developing the 800,000-square-foot Mall at University Town Center in Sarasota, Fla. The Sarasota developer began work on the project in October and plans to open it in October 2014.
May 13, 2013 - LaSalle gears up for its fourth Canadan institutional real estate fund
Outlet: Financial Post - Online

The Canadian arm of LaSalle Investment Management has plans to raise $250 million for fourth real estate fund.
May 13, 2013 - Deka Immobilien sells logistics property in the USA
Outlet: Released

Deka Immobilien GmbH has sold a logistics complex at 311-315 Half Acre Road in Cranbury, New Jersey. It was previously held in the property portfolio of Deka-S-PropertyFund No. 1.
May 13, 2013 - USAA Real Estate Co. and Patrinely Group announce new development at La Cantera
Outlet: Herald - Online, The

USAA Real Estate Co. and its development partner, Patrinely Group announced WestRidge at La Cantera. WestRidge, a new, master-planned office development led by Patrinely Group
May 12, 2013 - Kimco Realty appoints COO
Outlet: CNBC

Kimco Realty Corp. has announced that Conor Flynn, president of the company's Western Region, has been named executive vice president and COO.
May 12, 2013 - Carr Properties nears deal for $300 million Israeli investment, plans to go public
Outlet: Washington Business Journal

Carr Properties is in the final stages of landing a $300 million investment from Alony Hetz Properties and Investments, one of the largest real estate investment companies in Israel.
May 10, 2013 - Cassidy Turley promotes five
Outlet: CoStar Group

Cassidy Turley announced the promotion of five employees at its Minneapolis office within the property management, brokerage and administrative divisions.
May 10, 2013 - Lone Star said to finish raising $5 billion property fund
Outlet: Bloomberg News - Online

Lone Star Funds is set to finish raising a $5 billion fund today, May 10, a person with knowledge of the situation said.
May 10, 2013 - REITs outperform the broader stock market in April
Outlet: Institutional Real Estate Newsline

U.S. REITs outperformed the broader equity market in April, with All Equity REITs returning 6.33 percent versus the S&P 500 Index’s 1.93 percent, according to the FTSE NAREIT U.S. REIT Index.
May 10, 2013 - J.P. Morgan raises $100 million for second Asian infrastructure fund
Outlet: Institutional Real Estate Newsline

J.P. Morgan Asset Management has raised approximately $100 million for its J.P. Morgan Asian Infrastructure & Related Resources Opportunity Fund II US.
May 10, 2013 - Recent commercial real estate acquisitions
Outlet: Institutional Real Estate Newsline

The two largest completed transactions included a mall in Hollywood, Fla., and a mid/high-rise apartment complex in Houston.
May 10, 2013 - Oaktree raises $710 million for sixth distress fund
Outlet: Institutional Real Estate Newsline

Oaktree Capital Group has raised $710.3 million for its Oaktree Real Estate Opportunities Fund VI (ROF VI).
May 10, 2013 - Sitt to buy two Manhattan retail buildings for $95 million
Outlet: The Real Deal

Sitt Asset Management has agreed to purchase two retail buildings in Manhattan for $95 million.
May 10, 2013 - Rental apartments to be built above Miami public parking garage
Outlet: South Florida Business Journal - Online

J.C. Mendez has been approved to develop a 440-unit residential tower above a parking garage at 56 and 70 SW First St. in Miami.
May 10, 2013 - Feri and US Treuhand establishes U.S. real estate company
Outlet: Released

Feri and US Treuhand in Darmstadt just signed an agreement for an extensive collaboration. At the core of the agreement is the formation of a joint company to be named UST Immobilien GmbH.
May 10, 2013 - Ares to buy AREA Property Partners
Outlet: peHUB

Ares Management has signed a definitive agreement to acquire AREA Property Partners.
May 9, 2013 - Canadian Tire plans $3.5 billion REIT
Outlet: Toronto Sun - Online, The

Canadian Tire Corp, best-known for its namesake automotive and homeware stores, said it plans to create a $3.5 billion real estate investment trust through an initial public offering in the fall of 2013.
May 9, 2013 - LACERA hires three new separate account managers
Outlet: Institutional Real Estate Newsline

The $39.2 billion Los Angeles County Employees Retirement System (LACERA) has hired three new separate account managers to invest up to an additional $600 million in real estate.
May 9, 2013 - SFERS approves commitment to multifamily fund
Outlet: Institutional Real Estate Newsline

The $15.6 billion San Francisco City & County Employees’ Retirement System (SFERS) has approved a $40 million commitment to the Berkshire Multifamily Value Plus Fund III.
May 9, 2013 - Cerberus financing landlords Wall Street can’t reach
Outlet: Bloomberg News

Cerberus Capital Management is entering the booming market for single-family homes to rent, planning to lend billions of dollars to investors too big for government programs and too small to get Wall Street funding.
May 9, 2013 - CBRE selected to exclusively market The Texas Core Industrial Portfolio
Outlet: Citybizlist - Dallas Real Estate

CBRE has been exclusively retained by Stockbridge Capital Group to market the Texas Core Industrial Portfolio, consisting of approximately 2.4 million square feet.
May 9, 2013 - Ashkenazy pays $58 million for Manhattan building
Outlet: New York Post

Ashkenazy Acquisition Corp. is buying a five-story building at the corner of Madison Avenue and East 63rd St. in Manhattan for $58 million.
May 9, 2013 - Bank-branch portfolio sells for $97.2 million
Outlet: Citybizlist New York

A group of unidentified investors has paid $97.2 million for 47 bank branches in the New York City metropolitan area that are triple-net leased to Citibank.
May 9, 2013 - Ashford Hospitality pays $90 million for Key West, Fla., Hotel
Outlet: Commercial Real Estate Direct

Ashford Hospitality Trust has agreed to pay $90 million for the 142-room Pier House Resort and Caribbean Spa in Key West, Fla.
May 9, 2013 - Optima plans second, 60-story apartment tower in Streeterville
Outlet: Crain's Chicago Business

The developer of a new Streeterville apartment tower is teeing up plans for another one next door, adding to the bulging pipeline of downtown rental projects.
May 9, 2013 - LaSalle to sell logistics portfolio to Japanese investors
Outlet: Institutional Real Estate Newsline

Chicago-based LaSalle Investment Management will be selling eight logistics assets in Japan to a group of Japanese institutional investors for $900 million.
May 8, 2013 - Dubai eyes $500 million distressed property fund by end-2013
Outlet: ArabianBusiness.com

Investment Corporation of Dubai and Brookfield Asset Management expect to secure the $500 million in financing needed to launch a real estate fund to help recapitalize stalled or semi-complete projects in Dubai by the end of 2013.
May 8, 2013 - CBBIB, GECRE form $403 million Tokyo office venture
Outlet: Released

Canada Pension Plan Investment Board (CPPIB) and GE Capital Real Estate (GECRE) has formed the Tokyo Office Venture targeting investment in mid-size class A and class B offices in key Central Business District sub-markets.
May 8, 2013 - Lubert-Adler creates $2 billion-multifamily portfolio
Outlet: Released

With the $78 million acquisition of Hunting Point, a 530-unit apartment complex on Potomac River in Alexandria, Va., Lubert-Adler has amassed a multifamily portfolio valued at approximately $2 billion for its domestic institutional investors.
May 8, 2013 - OPIC commits $100 million to Paladin
Outlet: Institutional Real Estate Newsline

Overseas Private Investment Corp. (OPIC) has committed to $100 million to Paladin Realty Latin America Investors IV.
May 8, 2013 - David Simon is new managing director at Massey Knakal's New Jersey division
Outlet: PRWeb - Online

David Simon has been hired as as executive managing director of the New Jersey division at Massey Knakal Realty Services.
May 8, 2013 - Invesco offers Chicago-area shopping center
Invesco Real Estate is in the market to sell a 437,546-square-foot shopping center in Geneva, Ill., that backs $64 million of CMBS debt that matured last week.
May 8, 2013 - Key West Resort sells for $90 million
Outlet: Hotel News Resource

Ashford Hospitality Trust has acquired the 142-room Pier House Resort and Caribbean Spa in Key West, Fla., for $90 million in cash. The acquisition is expected to close within the next 15 days.
May 8, 2013 - China property developers look to build in the United States
Outlet: WorldPropertyChannel.com

Chinese property developers are looking for development opportunities in the United States, following the fast-growing number of Chinese citizens buying property in the United States.
May 8, 2013 - Hines sells two NYC buildings for more than $1 billion
Outlet: Released

Hines, on behalf of its Hines U.S. Core Office Fund, has sold 499 Park Ave. in Manhattan and 425 Lexington Ave. in Manhattan.
May 8, 2013 - Angelo Gordon raises $130 million for net lease fund
Outlet: Institutional Real Estate Newsline

Angelo, Gordon & Co. has raised approximately $130.2 million for its AG Net Lease Realty Fund III
May 7, 2013 - Vornado investing millions in Springfield Mall transformation
Outlet: Washington Business Journal - Online

The transformation of the Springfield Mall is expected to cost Vornado $225 million by the middle of next year — $21.5 million before 2013, $100 million in 2013 and another $100 million in 2014.
May 7, 2013 - Parkway pays $66 million for Miami office
Outlet: Commercial Real Estate Direct

Parkway Properties has agreed to pay $66 million or Lincoln Place, a 140,000-square-foot office and retail building in the South Beach submarket of Miami.
May 7, 2013 - Fundraising volume on the downturn
Outlet: Institutional Real Estate Newsline

Fundraising activity slowed drastically during first quarter 2013 compared with the high volume posted during fourth quarter 2012.
May 7, 2013 - Duke Realty sells Shops at Pembroke Gardens for $188 million
Outlet: CoStar Group

Duke Realty Corp. has sold the Shops at Pembroke Gardens located in Pembroke Pines, FL to an institutional joint venture and equity partner for $188 million.
May 7, 2013 - Canyon Capital raises $50 million for multifamily fund
Outlet: Institutional Real Estate Newsline

Canyon Capital Realty Advisors has raised $50 million for its Canyon Multifamily Impact Fund.
May 7, 2013 - J.P. Morgan Asset Management to buy Manhattan building
Outlet: Pensions & Investments, London Bureau

J.P. Morgan Asset Management has agreed to buy the 750,000-square-foot office building at 425 Lexington Ave. in Manhattan for about $750 million, several sources say.
May 7, 2013 - Venture pays $102.5 million for four apartment properties
Outlet: Commercial Real Estate Direct

Carroll Organization has partnered with NorthStar Realty Finance Corp. to pay $102.5 million for four multifamily properties with 1,126 units in Florida, Georgia and Tennessee.
May 7, 2013 - Jones Lang LaSalle to sell Ritz-Carlton, Kapalua
Outlet: Pacific Business News

Lehman Brothers Holdings has hired Jones Lang LaSalle to market for sale the 404-room Ritz-Carlton Kapalua resort in Maui, Hawaii.
May 7, 2013 - Blackstone funds sell General Growth shares
Outlet: HousingWire

The Blackstone Group plans to sell 23.4 million shares in General Growth Properties.
May 6, 2013 - Forest City lines up deal for Mesa del Sol stake
Outlet: Albuquerque Business First - Online

Forest City Enterprises plans to transfer its interest in Mesa del Sol in Albuquerque to its partner.
May 6, 2013 - Sunstone pays $250 million for Boston Park Plaza Hotel
Outlet: Bloomberg News - Online

Sunstone Hotel Investors has agreed to buy the 1,053-room Boston Park Plaza Hotel & Towers hotel for $250 million.
May 6, 2013 - Principal Real Estate Investors acquires Chicago-area office center
Outlet: REJournalism.com

Principal Real Estate Investors has acquired a 559,204-square-foot office park in Lincolnshire, Ill., from Colony Realty Partners.
May 6, 2013 - Investor group buys Brooklyn, N.Y., city block
Outlet: Commercia Rea Estate Direct

A group of investors led by Waterbridge Capital has paid $30 million for a city block in Brooklyn, N.Y., that has retail space.
May 6, 2013 - Stoltz Real Estate pays $50.5 million for Vegas retail center
Outlet: Commercia Rea Estate Direct

Stoltz Real Estate Partners has paid $50.5 million for the Deer Springs Town Center, a 512,325-square-foot retail center in Las Vegas.
May 6, 2013 - West Loop office tower heads to market
Outlet: Crain's Chicago Business - Online

The owner of the 35-story office tower at 300 S. Wacker Drive has hired Jones Lang LaSalle to sell the building.
May 6, 2013 - Manulife seeking buyers for 555 12th St. NW
Outlet: Washington Business Journal - Online

Manulife Financial Corp. is seeking buyers for the Thurman Arnold Building at 555 12th St. NW, located in Washington. Manulife has appointed Eastdil Secured to market the 12-story, 781,963-square-foot building with a sales price of $203.8 million.
May 6, 2013 - DDR acquires partner's 85 percent interest in five centers
Outlet: CoStar Group

DDR Corp. has acquired its partner's 85-percent interest in five retail centers across the southeastern United States for $94 million.
May 3, 2013 - OPERF makes $400 million commitment to Lone Star
Outlet: Institutional Real Estate Newsline

The Oregon Investment Council approved a commitment of up to $400 million to Lone Star Funds’ Lone Star Fund VII.
May 3, 2013 - Recent commercial real estate acquisitions
Outlet: Institutional Real Estate Newsline

The two largest completed transactions included an office property in Atlanta and an apartment complex in Washington, D.C.
May 3, 2013 - TCDRS makes $50 million commitment to GEM value-added fund
Outlet: Institutional Real Estate Newsline

The $19.7 billion Texas County & District Retirement System (TCDRS) approved a $50 million commitment to GEM Realty Fund V,
May 3, 2013 - TIAA-CREF buys Boston-based office building
Outlet: Boston Business Journal - Online

TIAA-CREF has agreed to pay about $110 million for the 291,000-square-foot office building at 40 Broad St. in Boston. The seller was Aslan Realty Partners III.
May 3, 2013 - Hamilton Co. pays $52 million for Boston apartment building
Outlet: Boston Business Journal - Online

The Hamilton Co. has just closed on a 134 unit-apartment community on Columbus Avenue in Boston’s Roxbury neighborhood for $52 million.
May 3, 2013 - Phoenix data center sold for $72 million
Outlet: Commercial Real Estate Direct

An affiliate of IO Data Centers has paid $72 million to acquire a 538,000-square-foot data center building located in Phoenix.
May 3, 2013 - JPMorgan pays $76 million for Washington, D.C., apartments
Outlet: Commercial Real Estate Direct

JPMorgan Asset Management has paid $76 million for the 125-unit District apartment property in Washington, D.C.
May 3, 2013 - Inland American announces $600 million institutional JV
Outlet: Released

IAGM Retail Fund I Member, a wholly owned subsidiary of Inland American Real Estate Trust, announced on May 1 that it formed a new retail joint venture with PGGM Private Real Estate Fund.
May 3, 2013 - SCERS plans additional commitments to real estate
Outlet: Institutional Rea Estate Newsline

The $6.9 billion Sacramento County (Calif.) Employees’ Retirement System (SCERS) has approved a 12-month real estate investment plan.
May 3, 2013 - Hammerson, CCPIB buy one third of Bullring mall for €364 million
Outlet: Released

Hammerson, in a 50-50 joint venture with Canada Pension Plan Investment Board (CCPIB), has acquired a 33.3 percent stake in the Bullring shopping center in Birmingham from the Australian Future Fund for £307 million.
May 3, 2013 - Colony Files to raise $100 million in home rental IPO
Outlet: Bloomberg

Colony American Homes, a leading single-family residential REIT, with 8,236 homes, filed on Thursday with the SEC to raise up to $100 million in an initial public offering.
May 3, 2013 - Harrison Street acquires WestHealth Campus
Outlet: GlobeSt.com

Harrison Street Real Estate Capital has acquired Abbott Northwestern - WestHealth medical campus in suburban Plymouth by their Harrison Street Core Property Fund.
May 2, 2013 - Cleveland casino to pay $79 million for Higbee Building
Outlet: Repository - Online, The

The owners of the downtown Cleveland casino are planning to pay $79 million for their building on Public Square.
May 2, 2013 - Blackstone bets $4.5 billion on housing
Outlet: CNBC

For many hedge funds, asset managers and private equity firms trying to play the housing recovery, the strategy is buying individual homes. The Blackstone Group has been building an entire company, which it eventually plans to take public.
May 2, 2013 - TA Associates Realty holds $1.56 billion final close for value-added fund
Outlet: Institutional Real Estate Newsline

TA Associates Realty has raised $1.56 billion of equity for its 10th value-added fund, TA Realty Associates Fund X.
May 2, 2013 - Blackstone's Invitation Homes invests $4.5 billion in distressed residential
Outlet: RenewableEnergyWorld.com

Invitation Homes, funded by seed capital from Blackstone Real Estate Group, has invested $4.5 billion in 25,000 distressed single-family homes since April 2012.
May 2, 2013 - Brack Capital traded The James New York for $85 million
Outlet: Released

Brack Capital Real Estate has sold The James New York, located at 27 Grand St., was sold for approximately $85 million. Operations will remain unchanged at this exclusive SoHo destination as Denihan Hospitality Group will carry on management.
May 2, 2013 - Prudential Real Estate pays $85 million for SoHo Hotel
Outlet: Commercial Real Estate Direct

Prudential Real Estate Investors has paid $85 million for the James New York hotel in Manhattan's SoHo neighborhood.
May 2, 2013 - ING plans to sell multibillion-dollar U.S. loan portfolio
Outlet: Fox Business Network - Online

ING Groep NV is preparing to sell a multibillion-dollar U.S. loan portfolio as the Dutch bank continues to wind down its U.S. property lending business.
May 2, 2013 - UBS appoints head of global real estate for Asia Pacific
Outlet: Released

UBS Global Asset Management’s global real estate business has appointed Trevor Cooke as the new head of global real estate for Asia Pacific.
May 1, 2013 - Ascott Reit to acquire China and Japan properties for $287 million
Outlet: Released

Ascott Residence Trust has agreed to acquire three prime serviced residences in China and a stable portfolio of 11 rental housing properties in Japan for $287.4 million.
May 1, 2013 - Annaly Capital bolsters real estate platform with new hires
Outlet: StreetInsider.com

Annaly Capital Management has announced the recent hiring of several key additions to its existing commercial real estate platform.
May 1, 2013 - Foreign investors moving beyond top tier markets to buy office property in more U.S. cities
Outlet: CoStar Group

Foreign investors continued to widen their horizons in the first quarter of 2013 by making substantial investments in markets such as Denver, Portland, Tampa and the Inland Empire region in California.
May 1, 2013 - South Koreans to pay $348 million for Loop office tower
Outlet: Crain's Chicago Business - Online

John Buck Co. is teaming up with South Korean investors to buy a 50-story Loop office tower, continuing the Asian nation's aggressive push into U.S. real estate.
May 1, 2013 - Office complex in Atlanta sells for $225 million
Outlet: CoStar Group

Joint venture partners Macfarlan Capital Partners and Cole Real Estate Investments purchased Midtown Centers I and II in Atlanta, from KanAm Group for $225 million. AT&T, which occupies both buildings, has also renewed for 11 years.
May 1, 2013 - Heritage puts industrial portfolio back on sales block
Outlet: Commercial Real Estate Direct

Heritage Capital Group has once again put a portfolio of 15 industrial buildings with 2.58 million square feet on the sales block
May 1, 2013 - Argosy raises $26 million for opportunistic fund
Outlet: Institutional Real Estate Newsline

Argosy Real Estate Partners has raised $26.8 million for its $200 million Argosy Real Estate Partners III, according to a filing with the Securities and Exchange Commission.
May 1, 2013 - Mariner holds final close for opportunistic fund
Outlet: Institutional Real Estate Newsline

Kansas-based Mariner Real Estate Management has held a $175 million final close for its Mariner Real Estate Partners III.
May 1, 2013 - Commercial real estate returns 2.57 percent in first quarter
Outlet: Institutional Real Estate Newsline

Commercial real estate returns held steady in first quarter 2013. The NCREIF Property Index (NPI) posted virtually the same returns as in the previous quarter.
May 1, 2013 - CBRE hires new senior real estate manager
Outlet: Minnesota Real Estate Journal - Online

Joseph Kearney has joined CBRE‘s Asset Services team in Cleveland as a senior real estate manager.
April 30, 2013 - CoStar's People of Note (April 21-28)
Outlet: CoStar Group

CoStar's People of Note reports new CRE hires and promotions. The following companies announced personnel moves: Newmark Grubb Knight Frank, Cushman & Wakefield, Hines, Weichert Commercial Brokerage, Lee & Associates.
April 30, 2013 - CalPERS signs Invesco Real Estate for multifamily program
Outlet: Released

CalPERS has hired Invesco Real Estate to manage an initial allocation of $250 million as part of its multifamily real estate program. The partnership is called Institutional Core Multifamily Investors.
April 30, 2013 - Morgan joins Lowe Enterprises as senior vice president
Outlet: Released

Peter Morgan has joined Lowe Enterprises Real Estate Group as senior vice president to lead the firm’s expanding commercial property acquisition activities in the western United States.
April 30, 2013 - Duke pays $311 million for industrial portfolio
Outlet: Institutional Real Estate Newsline

Duke Realty Corp. has agreed to pay $311 million for an industrial portfolio totaling 4.86 million square feet of space.
April 30, 2013 - DTLA Holdings to acquire MPG Office Trust for $1.94 billion
Outlet: International Law Office

DTLA Holdings has agreed to acquire MPG Office Trust Inc for a total consideration of $1.94 billion.
April 30, 2013 - Blackstone buys large warehouse portfolio
Outlet: Crain's Chicago Business

Blackstone Group L.P. bought a 15-building, 2.1-million-square-foot industrial portfolio from Ares Commercial Real Estate Corp., the largest deal involving Chicago-area warehouses in nearly a year.
April 30, 2013 - Duke Realty to sell Fla. shopping center for $188 million
Outlet: Commercial Real Estate Direct

Duke Realty Corp. has agreed to sell The Shops at Pembroke Gardens, a 391,000-square-foot shopping center in Pembroke Pines, Fla., for $188 million.
April 29, 2013 - First Potomac Realty Trust names Mario Silva director of portfolio management
Outlet: Yahoo! Finance

First Potomac Realty Trust announced that Mario Silva has joined the company as director of portfolio management. He will manage strategic initiatives and daily portfolio management responsibilities in the company's southern Virginia region.
April 29, 2013 - Mack-Cali sells New Jersey property
Outlet: Herald - Online, The

Mack-Cali Realty Corp. has sold its 55 Corporate Drive office building located in Bridgewater, New Jersey, for approximately $72.3 million.
April 29, 2013 - Westbrook Partners puts NYC portfolio on market
Outlet: GlobeSt.com

Westbrook Partners, which acquired most of its New York City portfolio in 2007, has put six buildings on the market for sale.
April 29, 2013 - Paulson to start second real estate fund after decline in assets
Outlet: Pensions&Investments – Online

Paulson & Co. has launched second real estate fund.
April 29, 2013 - Bell Partners holds $200 million final close for fourth fund
Outlet: Released

Bell Partners has a final close for its Bell Apartment Fund IV with $200 million of total equity commitments. The fund will invest in high-quality, well-located multifamily properties across the East Coast and Southwest United States.
April 29, 2013 - Harpeth proposes $80 million mixed-use project
Outlet: Tennessean, The

Harpeth Associates has proposed an $80 million mixed-use project for 4.5 acres along Second Avenue in downtown Franklin, Tenn.
April 29, 2013 - Manhattan's 125 West 55th St. sells for $470 million
Outlet: Commercial Real Estate Direct

JPMorgan Asset Management has paid $470 million for the 552,000-square-foot office property at 125 West 55th St. in Manhattan.
April 29, 2013 - Pembrook Capital Management announces final close for PCI Investors Fund II
Outlet: Released

Pembrook Capital Management has held a final closing for its PCI Investors Fund II with approximately $154 million in capital commitments.
April 29, 2013 - American Hotel Income Properties REIT welcomes Dan Miller
Outlet: Yahoo! Finance

American Hotel Income Properties REIT has entered into an agreement with Dan Miller of Lodging & Leisure Investment Advisors to lead the firm's acquisitions efforts.
April 29, 2013 - Behringer and CT Realty sell industrial project in Southern California
Outlet: PR Newswire - Online

A partnership between Behringer Harvard and CT Realty Investors has sold Interchange Business Center, a high-quality industrial development within the Inland Empire industrial market in the eastern portion of greater Los Angeles.
April 29, 2013 - Noble Investments closes second hotel fund
Outlet: Institutional Real Estate Newsline

Atlanta-based Noble Investment Group has held a final close for the second fund in its hospitality series with $220 million in commitments.
April 29, 2013 - Cole, Macfarlan invest $225 million in Midtown
Outlet: GlobeSt.com

Macfarlan Capital Partners and Cole Real Estate Investments have acquired a two-building office portfolio in Midtown Atlanta.
April 28, 2013 - Blackstone sidesteps auctions in largest rental trade
Outlet: National Mortgage News

Blackstone Group has bought 1,400 properties in Atlanta, some eligible for federal low-income housing subsidies, in the biggest bulk purchase for the fledgling homes-for-lease industry.
April 26, 2013 - Korean investor buys Houston office tower for $480 million
Outlet: Culture Map Houston

Invesco Real Estate, on behalf of the National Pension Service of Korea, has purchased the 46-story BG Group Place office tower in downtown Houston for $480 million.
April 26, 2013 - TA Associates pays $53 million for Florissant, Mo., shopping center
Outlet: RE Journal

TA Associates Realty has paid $53 million for Shoppes at Cross Keys, a 350,000-square-foot retail center in Florissant, Mo. The property was recently redeveloped and is fully leased.
April 26, 2013 - Chesapeake Lodging buys second W Hotel in New Orleans
Outlet: Commercial Real Estate Direct

Chesapeake Lodging Trust has paid $65 million for the 410-room W New Orleans hotel in New Orleans.
April 26, 2013 - Austin's 816 Congress sold for $102.4 million
Outlet: Austin Business Journal - Online

Cousins Properties has paid $102.4 million for the 434,000-squrare-foot office building at 816 Congress Ave. in downtown Austin, Texas.
April 26, 2013 - NMSIC invests in three new real estate funds
Outlet: Institutional Real Estate Newsline

The $16.5 billion New Mexico State Investment Council (NMSIC) approved commitments of $175 million to three real estate funds.
April 26, 2013 - Oxford Properties acquires home of The London Stock Exchange
Outlet: Released

Ontario Municipal Employees Retirement System’s (OMERS) real estate unit, Oxford Properties, has bought the London Stock Exchange’s headquarters from Mitsubishi Estate Co. for $364 million.
April 26, 2013 - Liz Zale named senior vice president at Simon Property Group
Outlet: PR Newswire - Online

Simon Property Group has named Liz Zale as a senior vice president in the newly-created role overseeing corporate affairs and communications.
April 26, 2013 - More U.S. investors spanning the globe for real estate
Outlet: US Daily, The

U.S. investors are rediscovering their appetite for foreign real estate. Attracted by potentially higher returns, they are putting more money into overseas funds that invest in offices, malls and apartment complexes than they have in six years.
April 25, 2013 - NYSTRS invests $164.6 million in real estate
Outlet: Institutional Real Estate Newsline

The $88.1 billion New York State Teachers Retirement System (NYSTRS) has invested $164.6 million in real estate funds since the year began.
April 25, 2013 - Brookfield to buy MPG Office Trust
Outlet: RTTNews.com

Brookfield Office Properties has announced its newly formed DTLA Holdings will acquire MPG Office Trust.
April 24, 2013 - Carey named managing director at Cushman & Wakefield
Outlet: CoStar Group

Cushman & Wakefield has named Eileen Carey as managing director of corporate occupier and investor services in East Rutherford, N.J.
April 24, 2013 - Equity Residential buys Redmond project for $91 million
Outlet: The Seattle Times

Equity Residential has paid $91.5 million for the 322-unit Veloce Apartments in Redmond, Wash. Trammell Crow Residential sold the complex.
April 24, 2013 - Wells Fargo agrees to sell Chicago office building
Outlet: Crain's Chicago Business - Online

Wells Fargo Bank has agreed to sell a 343,072-square-foot office building at 625 North Michigan Ave. in Chicago for about $108 million.
April 24, 2013 - Cornerstone offers for sale Charlotte's 121 West Trade Building
Outlet: Charlotte Business Journal

An affiliate of Cornerstone Real Estate Advisors has tapped CBRE Group to market for sale the 330,000-square-foot 121 West Trade building in Charlotte, N.C.
April 24, 2013 - Australian superannuation funds to look at U.S. property market
Outlet: Australian- Online, The

Plans by the Obama administration to abolish the United States's Foreign Investment in Real Property Tax Act are expected to ease the way for Australian superannuation funds looking to invest in U.S. property markets, says Russell Investments.
April 24, 2013 - Henderson launches $200 million U.S. student housing fund
Outlet: Institutional Real Estate Newsline

Henderson Global Investors has launched Henderson Student Housing Fund, a $200 million U.S.-focused student housing fund.
April 24, 2013 - Texas Permanent School Fund issues real estate consultant RFP
Outlet: Institutional Real Estate Newsline

The $26.9 billion Texas Permanent School Fund (TPSF) has issued an RFP for real estate investment consulting services.
April 24, 2013 - Dundee REIT the next to take off in real estate sector, analyst says
Outlet: Financial Post - Online

The real estate investment trust sector has recently had a strong rally, which might have some people wondering why Dundee REIT has been left behind.
April 24, 2013 - Blackstone raises $1.35 billion for second debt fund
Outlet: Institutional Real Etate Newsline

The Blackstone Group has raised $1.35 billion for its latest real estate debt strategy fund, Blackstone Real Estate Debt Strategies II.
April 23, 2013 - Velocis Partners closes core-plus fund with $135 million
Outlet: Institutional Real Estate Newsline

Dallas-based Velocis Partners has announced a $135 million final close of its first real estate fund, Velocis Fund I. The fund will invest with a core-plus strategy in medical office, office and retail properties throughout the United States.
April 23, 2013 - Manhattan development site receives $52 million-price tag
Outlet: City Biz List

Massey Knakal Realty Services has been tapped to market for sale a development site at 509 West 38th St. in Manhattan. The property, between 10th and 11th avenues, comes with an asking price of $52 million.
April 23, 2013 - Manhattan apartment building offered for sale with $60 million asking price
Outlet: Commercial Real Estate Direct

Century Operating Corp. is offering for sale a 55-unit apartment building in Manhattan's East Village with an asking price of $60 million.
April 23, 2013 - SWBC sells San Antonio, Fort Worth apartment complexes for $100 million
Outlet: San Antonio Business Journal

SWBC Real Estate has sold a portfolio of three apartment properties with a combined 921 units in San Antonio and Fort Worth, Texas, for a total of $100 million.
April 23, 2013 - Meridian Capital Group invests $115 million in New York hotel
Outlet: Hotel Interactive

Meridian Capital Group negotiated $115 million in acquisition and construction financing for the purchase and redevelopment of the Flatotel hospitality property in New York City, on behalf of a partnership between Chetrit Group and Clipper Equity.
April 23, 2013 - Rosemont Realty acquires Denver WTC
Outlet: Released

Rosemont Realty has acquired the two-building Denver World Trade Center (WTC) office towers in Denver, Colo.
April 23, 2013 - Vornado to sell Harlem Park land
Outlet: Markets.financialcontent.com

Vornado Realty Trust has entered into an agreement to sell a parcel of land known as Harlem Park located at 1800 Park Avenue in New York City for $65 million.
April 23, 2013 - Nashville-area property portfolio put up for sale
Outlet: City Paper - Online, The

A portfolio of 20 properties in the Nashville area that were owned by WexTrust Capital has been put on the sales block. The receivers have hired CBRE to market the 1.37 million-square-foot office, industrial and retail portfolio.
April 23, 2013 - Equity pays $91 million for Redmond units
Outlet: Seattle Daily Journal of Commerce - Online

Equity Residential has purchased the Veloce apartments in Redmond, Wash., for $91.4 million, property records show.
April 23, 2013 - Cole buys multifamily duo for $264 million
Outlet: GlobeSt.com

Cole Real Estate Investments has acquired two power centers for $264 million. One is in Canton, Ga., and the other was in San Jose, Calif.
April 22, 2013 - Madison raises $227 million for debt fund
Outlet: Institutional Real Estate Newsline

Madison Realty Capital has raised $227 million for its Sullivan Debt Fund, according to a filing with the Securities and Exchange Commission.
April 22, 2013 - Hines promotes Andy Trowbridge to senior vice president of conceptual construction
Outlet: Released

Hines has promoted Andy Trowbridge to senior vice president of conceptual construction at Hines’ headquarters office at Williams Tower in Houston.
April 22, 2013 - Inland American pays $80 million for Denver hotel
Outlet: Released

Inland American Lodging Group has paid $80 million for the 228-room Residence Inn by Marriott Denver City Center and an adjoining 448-space parking garage.
April 22, 2013 - Venture to pay $145 million for parking, office space of John Hancock Center
Outlet: Commercial Real Estate Direct

A venture of Deutsche Bank and NorthStar Realty Finance Corp. has agreed to sell 856,000 square feet of office space and a 700-space parking deck that are part of the John Hancock Center in Chicago for $145 million.
April 22, 2013 - CBRE brokered $149.3 million sale of Boston-area apartments
Outlet: Commercial Real Estate Direct

CBRE's New England capital markets team had brokered the sale of the two phases of the Alterra at Overlook Ridge apartment complex in the Boston suburbs of Malden and Revere, Mass.
April 22, 2013 - iStar Financial completes sale of LNR
Outlet: Released

iStar Financial has completed the sale of its 24 percent equity interest in LNR Property. The sale was part of a larger transaction the Company and LNR's other co-owners sold 100 percent of LNR to Starwood Property Trust and Starwood Capital Group for $1.05 billion.
April 22, 2013 - Cortland acquires 2,237 multifamily units for $244 million
Outlet: National Real Esatte Investor

Cortland Partners has acquired five communities totaling 2,237 apartment homes in a series of transactions with a total capital investment of $244 million. Four of the communities are located in the Atlanta MSA and the fifth is in the Dallas MSA.
April 22, 2013 - Prudential PenFed Realty hires Jody Landers
Outlet: PRWeb - Online

Prudential PenFed Realty has hired Jody Landers as a member of the real estate team at the firm's Roland Park office in Baltimore City, Md.
April 19, 2013 - PREI acquires office high-rise in Miami
Outlet: Released

Prudential Real Estate Investors (PREI) has acquired Sabadell Financial Center, a 30-story, class A office tower in Miami’s Brickell Financial District for $185 million.
April 19, 2013 - Morguard buys residential portfolio for $218 million
Outlet: Released

Morguard North American Residential Real Estate Investment Trust has completed a $218 million purchase of six multi-residential properties in the United States.
April 19, 2013 - Hines Global REIT to buy Los Angeles office complex
Outlet: CoStar Group

Hines Global REIT has agreed to purchase Campus at Playa Vista, a four-building office complex in West Los Angeles, from PV Campus Parcel 3 LP. The deal is valued at $218 million.
April 19, 2013 - Foreign investment in U.S. commercial real estate to stay strong
Outlet: GlobeSt.com

A survey by Akerman Senterfitt found that 31 percent of commercial real estate executives believe foreign investors will fund a significant portion of commercial real estate debt and equity in 2013.
April 19, 2013 - Landmark Apartment Trust affiliate to pay $261.76 million for apartment portfolio
Outlet: Commercial Real Estate Direct

An affiliate of Landmark Apartment Trust of America Inc. has entered into separate agreements to buy 10 apartment communities in North Carolina, Tennessee and Texas for $261.76 million. The properties have a total of 3,422 units.
April 19, 2013 - CalPERS acquires core apartment portfolio in Manhattan
Outlet: Institutional Real Estate Newsline

The $260.4 billion California Public Employees’ Retirement System (CalPERS) with its partner GID has purchased two adjacent residential towers.
April 19, 2013 - Morguard North American Residential REIT acquires multifamily portfolio for $218 million
Outlet: Yahoo! Finance

Morguard North American Residential REIT has completed the purchase of six multifamily properties from an institutional fund sponsored by Pearlmark Real Estate Partners, LLC $218 million, excluding closing costs.
April 19, 2013 - Lone Star, Wells Fargo in talks to buy Eurohypo portfolio
Outlet: Yahoo! News

Lone Star and Wells Fargo are in exclusive talks to buy a 4 billion pound U.K. property loans portfolio, put up for sale by Commerzbank.
April 18, 2013 - Highgate Hotels buying Courtyard by Marriott Waikiki Beach hotel for $127 million
Outlet: Pacific Business News - Online

Highgate Hotels and its partners have agreed to pay $127 million for the 401-room Courtyard by Marriott Waikiki Beach hotel, which went on the market in January for an undisclosed price, according to Real Estate Alert’s online industry newsletter.
April 18, 2013 - Starwood purchases 1 Wells Fargo Center in Charlotte
Outlet: Released

Starwood Capital Group has acquired, in partnership with Vision Equities, 1 Wells Fargo Center, located in the central business district of Charlotte. Additional terms of the transaction were not disclosed.
April 18, 2013 - Vancouver REITs predicted to outperform in 2013
Outlet: Vancouver Courier

Vancouver transactions are set to ensure that Canada’s real estate investment trust (REIT) sector in 2013 will record a fifth straight year of better returns than the S&P 500 and TSX composite index.
April 18, 2013 - About $1.38 billion in commercial real estate traded hands in recent weeks
Outlet: Institutional Real Estate Newsline

In the past couple of weeks, the multifamily sector has completed the most acquisitions, according to data by Real Capital Analytics (RCA).
April 18, 2013 - BNP PRE appoints Birmingham development head
Outlet: Property Mall

BNP Paribas Real Estate (BNP PRE) has appointed Chris White as the Birmingham head of development consulting. Previously, he was at CBRE, where he was a director of the national development consultancy and regeneration team.
April 17, 2013 - Orbach Group pays $70 million for Manhattan's Hamilton apartments
Outlet: New York Real Estate Journal Nework

The Orbach Group has paid $70 million for the 178-unit Hamilton apartments in Manhattan. The seller, a venture of the Dermot Co. and Henderson Global Investors.
April 17, 2013 - Spear Street agrees to buy 315 Park Ave. South in Manhattan
Outlet: New York Post

Spear Street Capital has agreed to buy Manhattan's 315 Park Ave. South for less than $250 million.
April 17, 2013 - Big investors make big bids for Los Angeles office
Outlet: Commercial Real Estate Direct

Invesco and Hines are among investors vying to buy the Campus at Playa Vista, a 325,000-square-foot office complex in West Los Angeles offered by a group led by Tishman Speyer Properties. Bids are said to have topped $215 million.
April 17, 2013 - GLP to invest $500 million to expand Brazil operations
Outlet: Today Online

Global Logistic Properties (GLP) expects to invest at least 1 billion Brazilian reais ($500 million) in the next two years to expand its business in Brazil. GLP plans to start construction on an additional 10.8 million square feet.
April 17, 2013 - LEM Capital raises $203.5 million for third high-yield debt fund
Outlet: Institutional Real Estate Newsline

LEM Capital has raised $203.5 million for its LEM Real Estate High-Yield Debt & Preferred Equity Fund III.
April 17, 2013 - Archstone Belltown sells for $94 million
Outlet: Seattle Daily Journal of Commerce - Online

CBRE said it represented Equity Residential in the $94 million sale of Archstone Belltown, a 360-unit complex at 500 Wall St. in Belltown. The buyer was Mill Creek Residential Trust.
April 16, 2013 - Single-family home builders still cautious
Outlet: Wall Street Journal

In the United States, the pace of annual housing construction rose above 1 million units in March for the first time since June 2008. But before builders start cheering the return of the good old days, it’s worth noting a few things.
April 16, 2013 - Equity Residential appoints new COO
Outlet: Yahoo! Finance

David Santee has been appointed COO at Equity Residential. In this role, Santee will lead both the company’s operations and property management organizations.
April 16, 2013 - Dominion Realty propose 11-story office, retail property
Outlet: Triangle Business Journal - Online

Dominion Realty Partners is planning the 11-story, $54 million Charter Square building with 225,000 square feet of office and retail space in downtown Raleigh, N.C.
April 16, 2013 - Hersha closes on $101 million-acquisition of Hyatt Union Square
Outlet: CoStar Group

Hersha Hospitality Trust has closed on its acquisition of the newly-completed 178-room Hyatt Union Square from McSam Hotel Group for $101 million.
April 16, 2013 - LACERS plans additional commitments to real estate
Outlet: Institutional Real Estate Newsline

The Los Angeles City Employees’ Retirement System (LACERS) has approved a recommendation from its real estate investment consultant.
April 16, 2013 - MHI Hospitality Corp. announces name change
Outlet: Hotel News Resource

MHI Hospitality Corp. has changed its name to SoTHERLY Hotels. As part of the move, the company will change its ticker symbol to 'SOHO' on the NASDAQ Stock Market.
April 16, 2013 - CalPERS looks to core assets to rebalance real estate portfolio
Outlet: Institutional Real Estate Newsline

The $260.4 billion California Public Employees’ Retirement System (CalPERS) has approved a proposal to change its current real estate investment strategy by extending the investment period by two years at its April 15 meeting.
April 16, 2013 - LACERA commits $350 million to real estate separate accounts
Outlet: Institutional Real Estate Newsline

The board of investments of the $39.2 billion Los Angeles County Employees Retirement Association (LACERA) has approved an additional $350 million be committed to the pension fund’s real estate separate account managers.
April 16, 2013 - Leslie Hale named executive vice president for RLJ Lodging Trust
Outlet: Hotel News Resource

RLJ Lodging Trust has appointed Leslie Hale to executive vice president. Hale will serve in a dual role of executive vice president and CFO.
April 16, 2013 - Kevin Boeve named regional manager of Marcus & Milichap's Ontario office
Outlet: Rentv.com

Kevin Boeve has been named regional manager of Marcus & Millichap’s Ontario office.
April 15, 2013 - Maine PERS commits $100 million to Mesa West open-end fund
Outlet: Institutional Real Estate Newsline

The $11.4 billion Maine Public Employees’ Retirement System has committed $100 million to Mesa West Core Lending Fund, an open-end fund managed by Mesa West Capital.
April 15, 2013 - Starwood Capital closes opportunity fund with $4.2 billion
Outlet: Institutional Real Estate Newsline

Greenwich, Conn.–based firm Starwood Capital Group has closed its Starwood Distressed Opportunity Fund IX (SOF IX) with $4.2 billion in commitments from more than 75 global investors.
April 15, 2013 - Hongye commits $100 million to Calif.-based real estate
Outlet: SF Gate

Hongye International of Wuhai, China is investing $100 million of private equity investment into the Arcadia, California-based firm Singpoli Capital to develop green energy, biochemistry, media, high-technology and real estate construction projects in California.
April 15, 2013 - Industry veteran launches U.S. Global Realty Capital
Outlet: Institutional Real Estate Newsline

Greg Genovese, a 25-year commercial real estate and securities industry veteran, has launched U.S. Global Realty Capital.
April 12, 2013 - Garrison Investment pays $72.7 million for La. retail center
Outlet: Commercial Real Estate Direct

Garrison Investment Group has purchased the Louisiana Boardwalk, a 544,175-square-foot lifestyle retail center in Bossier City, La., for $72.7 million.
April 12, 2013 - YMCA Retirement Fund signs deal at 120 Broadway
Outlet: GlobeSt.com

The YMCA Retirement Fund has signed a 52,000-square-foot lease at the Equitable Building at 120 Broadway.
April 12, 2013 - Kayne Anderson raises $675 million for opportunistic fund
Outlet: Institutional Real Estate Newsline

Kayne Anderson Capital Advisors has raised $675 million for Kayne Anderson Real Estate Partners III.
April 12, 2013 - Prime Finance debt fund closes in excess of $600 million target
Outlet: Institutional Real Estate Newsline

Prime Finance Partners has closed its Prime Finance Partners III fund with approximately $618 million in equity.
April 12, 2013 - Senior housing market experiences stalled recovery
Outlet: Institutional Real Estate Newsline

The average occupancy rate for senior housing in the first quarter of 2013 is unchanged, according to data from the National Investment Center for Seniors Housing & Care Industry.
April 12, 2013 - Henderson launches global property fund
Outlet: Yahoo! Finance Singapore

Henderson Global Investors has launched the Henderson Global Property Income Fund to help investors tap on opportunities in the global property market.
April 11, 2013 - Dundee REIT buys 22 industrial properties for $151.5 million
Outlet: Yahoo! Canada

Dundee Industrial REIT says it has inked a $151.5-million deal to acquire a portfolio of 22 industrial properties in the Greater Toronto Area.
April 11, 2013 - JLL helps close $608 million in multifamily sales in D.C. region
Outlet: National Real Estate Investor - Online

Jones Lang LaSalle’s capital markets team closed on sales of four multifamily properties in the Washington, D.C. area totaling approximately $608 million.
April 11, 2013 - Hines promotes Scott Martinson to MD
Outlet: Released

Hines has been promoted from director of acquisitions to managing director (MD) of asset management in the firm’s Columbia Square office in Washington, D.C.
April 11, 2013 - Fortis Venture paid $205 million for Dallas-area office
Outlet: Commercial Real Estate Direct

A venture led by Fortis Property Group paid $205 million for the Colonnade, a 1.1 million-square-foot office property in the Dallas suburb of Addison, Texas.
April 11, 2013 - Prologis developing warehouse in Jersey City, N.J.
Outlet: Commercial Real Estate Direct

Prologis is developing an 800,000-square-foot warehouse in Jersey City, N.J. The facility, near the Hackensack River, will be occupied by Ahold USA and Imperial Bag & Paper Co.
April 11, 2013 - Leggat McCall proposes mixed-use building for Cambridge, Mass.
Outlet: Boston Herald - Online

Leggat McCall Properties has proposed redeveloping the former Edward J. Sullivan Courthouse in Cambridge, Mass., into a 22-story building.
April 11, 2013 - Cole Corporate to buy N.J. office for $72.3 million
Outlet: Commercial Real Estate Direct

Cole Corporate Income Trust has agreed to pay $72.3 million for a 205,439-square-foot office building at 55 Corporate Drive in Bridgewater, N.J.
April 11, 2013 - American Realty withdraws offer to buy Cole Credit
Outlet: Released

American Realty Capital Properties has withdrawn its $6.7 billion offer to buy Cole Credit Property Trust III after the trust rejected the offer twice.
April 10, 2013 - Brian Leung joins multifamily team at Colliers San Francisco
Outlet: Registry - Online, The

Brian Leung has joined Colliers International's San Francisco office as a member of the city's multifamily team.
April 10, 2013 - India's finance minister travels to Canada to pitch infrastructure
Outlet: Business Standard - New Delhi Edition

India's finance minister P. Chidambaram will be visiting Toronto next week to pitch India, especially its infrastructure sector, as an attractive destination for investors from Canada.
April 10, 2013 - CBRE names Matthew Burdette industrial business development manager
Outlet: Citybizlist Baltimore

Matthew Burdette has joined the CBRE Baltimore team as industrial business development manager.
April 10, 2013 - Townsend raises $169 million for high-return fund
Outlet: Institutional Real Estate Newsline

The Townsend Group has raised approximately $169.1 million for its Townsend Real Estate Alpha Fund I.
April 10, 2013 - Investcorp invests $200 million in U.S. office portfolio
Outlet: GlobeSt.com

Investcorp, an investment fund listed on the Bahrain Bourse and with offices in New York, London and Bahrain, has snapped up five office buildings in three U.S. cities for a total of $200 million.
April 10, 2013 - Texas Teachers commits $465 million to real estate
Outlet: Institutional Real Estate Newsline

The $116.09 billion Teacher Retirement System of Texas (TRS) has made commitments of $465 million to multiple real estate funds.
April 10, 2013 - Canadian REIT buys Naperville office property
Outlet: Crain's Chicago Business - Online

Agellan Commercial REIT of Canada has paid $83.4 million for the 486,000-square-foot Naperville Woods Office Center in Naperville, Ill.
April 10, 2013 - Canadian commercial property market expected to outperform again
Outlet: Money News

Canada’s commercial real estate sector and REIT investment market appear set to outperform for a fifth-straight year, according to CIBC World Markets Inc.
April 9, 2013 - Hines to co-develop office scheme in Manchester
Outlet: PropertyEU - Online

Hines has signed a joint venture agreement to fund and develop a office scheme in the United Kindowm city of Manchester.
April 9, 2013 - Carlyle buys Shanghai office tower for $267 million
Outlet: Reuters

The Carlyle Group has acquired a Shanghai office building, Central Plaza, for $267 million from Singapore-listed real estate fund Forterra Trust.
April 9, 2013 - Centuria appoints senior portfolio manager
Outlet: Financial Standard- Sydney Office - Online

Centuria Capital's property funds management subsidiary, Centuria Property Funds has appointed Victor Georos as senior portfolio manager.
April 9, 2013 - Colonie Center sold to KKR global real estate investment firm
Outlet: Business Review - Online

KKR & Co., a global investment firm based in New York City, and its partners bought Colonie Center, the second-largest shopping mall in the Albany, N.Y. region.
April 9, 2013 - Transwestern expands Northeast Capital markets team
Outlet: Markets.financialcontent.com

Transwestern's Northeast headquarters has hired two additional real estate veterans to join its capital markets team: Gary Sopko and Matthew Schnurr, serving as managing directors.
April 9, 2013 - Harrell and Royce join Avison Young in D.C. region
Outlet: CoStar Group

Industrial brokers Edward Harrell and Michael Royce has joined Avison Young in Tysons Corner, Va, and Bethesda, Md, respectively.
April 9, 2013 - Antonini joins Colliers San Francisco as VP
Outlet: CoStar Group

Colliers International has hired John Antonini as a vice president (VP) of its San Francisco multifamily team. His responsibilities are to focus on the apartment, mixed-use and retail buildings in the city.
April 9, 2013 - Deutsche wealth team to focus on green U.S. property initiatives
Outlet: Family Office Review

Deutsche Asset & Wealth Management's property investment division has set up a new team to look at U.S. green property initiatives.
April 9, 2013 - CCPT III completes acquisition of Cole Holdings Corp.
Outlet: Released

Cole Credit Property Trust III (CCPT III) has acquired Cole Holdings Corp., a full-scale real estate investment management firm that currently manages over $12 billion of real estate assets.
April 9, 2013 - Downtown Chicago office building and neighboring parcels listed for sale
Outlet: Commercial Real Estate Direct

A 1.3 million-square-foot office building at 311 South Wacker Drive in Chicago, along with development parcels on both sides of it are being offered for sale.
April 9, 2013 - Cousins pays $103.5 million for Austin CBD asset
Outlet: CityBizList - Houston

Cousins Properties has agreed to acquire 816 Congress in Austin, a 434,000 square foot class A office property, for $103.5 million.
April 9, 2013 - Investcorp pays $200 million for five offices
Investcorp has purchased three office properties comprised of five buildings in the Washington, D.C., Denver and Houston areas with 1.1 million square feet for roughly $200 million.
April 9, 2013 - U.S. hotel outlook strong despite some bumps
Outlet: HotelNewsNow.com

The U.S. hotel industry will spout positive results over the long term—though short-term performance will be a different story, panelists said Monday during the opening general session of the Hotel Equities and Lender Perspectives conference.
April 9, 2013 - European fund Alecta plans three residential high-rises on Seattle's First Hill
Outlet: Puget Sound Business Journal - Online

European pension fund Alecta plans to develop three skyline-changing high rises on Seattle’s First Hill.
April 9, 2013 - Prudential Real Estate releases first quarter consumer outlook survey
Outlet: PR Newswire - Online

Prudential Real Estate, an HSF Affiliates company, has released results of its first quarter Consumer Outlook Survey showing that Americans' sentiment toward real estate is growing increasingly favorable.
April 9, 2013 - Ivanhoé Cambridge joins JV in 8,010-unit U.S. apartment portfolio
Outlet: PR Newswire - Online

Ivanhoé Cambridge has joined a partnership of the Real Estate Principal Investment Area of Goldman Sachs, Greystar Real Estate Partners and other partners in a portfolio of 27 high-quality multifamily properties located across the United States.
April 8, 2013 - U.S. industrial market signals strength, expansion
Outlet: Business Facilities - Online

Prologis has published an in-depth analysis of the United States industrial real estate market in a paper titled “The Shape of the U.S. Industrial Recovery.”
April 8, 2013 - MUFG buys U.S. property loans from Deutsche worth $3.7 billion
Outlet: Selftrade.co.uk

Mitsubishi UFJ Financial Group has acquired a U.S. commercial property loan portfolio from a Deutsche Bank unit worth $3.7 billion.
April 8, 2013 - Equus sells 330-unit downtown Chicago student housing
Outlet: Commercial Property Executive - Online

Equus Capital Partners has sold a 330-unit student housing facility in Chicago for $58.5 million to a joint venture between Atlas Real Estate Partners, Marc Real Residential Marc Real Residential and Angelo, Gordon and Co.
April 8, 2013 - Northstar pays $865 million for manufactured housing portfolio
Outlet: MSN Money (US)

NorthStar Realty Finance Corp. has acquired a manufactured housing portfolio comprising 71 communities containing approximately 17,000 pad rental sites located throughout five states.
April 8, 2013 - Colony Capital sees bubble in U.S. housing market
Outlet: Bloomberg News - Online

Colony Capital’s Tom Barrack said U.S. homes are in danger of becoming overvalued as low borrowing rates and an improving labor market fuel demand.
April 5, 2013 - REITs rise 8 percent in first quarter
Outlet: Institutional Real Estate Newsline

Equity REITS posted a total return of 8.10 percent in first quarter 2013, slightly underperforming the S&P 500 Index’s 10.61 percent total return, according to the FTSE NAREIT All Equity REITs Index.
April 5, 2013 - RioCan REIT purchases interest in three shopping malls for $397 million
Outlet: Yahoo! Finance Singapore

RioCan Real Estate Investment Trust has purchased an interest in three Ontario hotels for $397 million (at RioCan's interest).
April 5, 2013 - Prologis inks build-to-suit agreement in China
Outlet: GlobeSt.com

Prologis, Inc., says it has signed a build-to-suit agreement for two facilities in southern China with Deppon, a leading Chinese logistics provider, for a project totaling 452,000 square feet.
April 5, 2013 - Office fundamentals improve, but space efficiency flattens demand
Outlet: GlobeSt.com

In the first quarter of 2013, the U.S. office markets only absorbed 3-million-square-feet of space, the weakest rate since 2010 and a big drop from the previous quarter, when they absorbed 23 million, Cassidy Turley researchers found.
April 5, 2013 - Brookfield Asset Management discusses sale of hotel portfolio
Outlet: Australian- Online, The

Canada-based firm, Brookfield Asset Management is in talks with real estate firms to sell its $500 million-plus Australian hotel portfolio.
April 5, 2013 - Oxford Properties eyes second London asset for £230 million
Outlet: CoStar UK News

Oxford Properties, the Canadian developer and investor, is under offer to buy the London Stock Exchange’s City of London home at 10 Paternoster Square from Mitsubishi Estate Company for £230 million.
April 5, 2013 - Cushman & Wakefield promotes managing director
Outlet: 1888pressrelease.com

Eileen Carey has been named managing director of Corporate Occupier and Investor Services at Cushman & Wakefield, Inc. in East Rutherford, N.J. Carey, a 30-year real estate industry veteran, joined Cushman & Wakefield in 1997, and this is her fourth
April 4, 2013 - H&R REIT completes Primaris transaction
Outlet: Money News

H&R Real Estate Investment Trust and Primaris Retail Real Estate Investment Trust announced that H&R has completed its previously announced acquisition of Primaris.
April 4, 2013 - Arkansas Teachers invests $20 million in real estate fund
Outlet: Institutional Real Estate Newsline

The $12.6 billion Arkansas Teachers Retirement System has invested $20 million in the LaSalle Income and Growth Fund VI.
April 4, 2013 - Mack-Cali acquires second luxury multifamily property in Boston
Outlet: SYS-CON Media

Mack-Cali Realty Corp. has acquired Alterra at Overlook Ridge IB in Boston for approximately $88 million. The transaction follows the January acquisition of the sister building, Alterra at Overlook Ridge IA.
April 4, 2013 - Prudential sells 800 Wilshire office building for $49.6 million
Outlet: Commercial Real Estate Direct

Lincoln Property Co. has agreed to pay Prudential Real Estate Investors about $49.6 million, or $220/sf, for 800 Wilshire Blvd., a 225,728-square-foot office building in downtown Los Angeles.
April 4, 2013 - Archstone Crystal Towers trade for record $322 million
Outlet: GlobeSt.com

Archstone Crystal Towers has traded for $322.25 million setting a record for a single multifamily property trade in the area.
April 4, 2013 - LaSalle names Jason Kern as CEO of Americas
Outlet: Released

LaSalle Investment Management has appointed Jason Kern as CEO, Americas. Previously, he was with Hong Kong and Shanghai Banking Corp. (HSBC) as managing director and head of HSBC’s Asia-Pacific real estate and lodging advisory group.
April 4, 2013 - Heitman promotes senior personnel
Outlet: Released

Heitman has promoted Kathy Sandstrom to senior managing director and Jenna Sheehan will assume Sanstrom's former role as director of client services and marketing of North America.
April 3, 2013 - The Shuman Law Firm investigates Cole Credit Property Trust III
Outlet: Yahoo! Finance

The Shuman Law Firm has announced that it is investigating potential claims against certain officers and directors of Cole Credit Property Trust III.The firm's investigation concerns the company's recent announcement rejecting an unsolicited proposal from American Realty Capital Properties to acquire CCPT III.
April 3, 2013 - KBS buys Austin office portfolio for $76 million
Outlet: Released

KBS Realty Advisors has purchased eight office properties in Austin from an affiliate of Thomas Properties Group for $76 million.
April 3, 2013 - Downtown NYC office vacancies fall on technology demand
Outlet: Bloomberg News - Online

Lower Manhattan office vacancies fell in the first quarter to the lowest since 2008 as technology and creative firms priced out of the midtown south area spilled into the market, according to Cushman & Wakefield.
April 3, 2013 - AEW JV equity joins another partnership for retail center
Outlet: FacilitiesNet

A partnership led by AEW Capital Management (AEW) has provided joint venture equity, assumed the existing debt, and formed a new partnership with the existing owners, The Retail Connection and Cheney Mathes, who are minority stakeholders, to own Arlington Highlands.
April 3, 2013 - Demand for space in U.S. strip malls still weak in first quarter
Outlet: Thomson Reuters - India - Online

Limited supply of new U.S. strip malls helped offset weak demand for space in the first quarter, easing the national vacancy rate to 10.6 percent from 10.7 percent the prior quarter, according to the report by real estate research firm Reis Inc.
April 3, 2013 - Latitude Management raises $242.2 million for third fund
Outlet: Institutional Real Estate Newsline

Latitude Management Real Estate Investors, formerly Legg Mason Real Estate Investors, has raised approximately $242.2 million for its value-added fund Latitude Management Real Estate Capital III, according to a filing with the Securities and Exchange
April 3, 2013 - Walton Street venture buying Continental Towers
Outlet: Crain's Chicago Business - Online

Walton Street Capital and GlenStar Properties has paid about $59 million for the Continental Towers complex in Rolling Meadow, Ill.
April 3, 2013 - Demand for U.S. office space improves - barely
Outlet: Globe and Mail - Online, The

The U.S. office vacancy rate fell only slightly during the first quarter, according to a quarterly report released this week.
April 3, 2013 - Coreland hires new regional property manager
Outlet: CoStar Group

Coreland Cos. has hired Elaine Seaholm as regional real estate manager. Seaholm will be managing a portfolio of commercial properties in the Inland Empire region from Coreland's Corona office.
April 3, 2013 - Kyle Miller joins Whitestone REIT
Outlet: GlobeSt.com

Whitestone REIT has hired Kyle Miller as vice president of operations. Miller was previously senior vice present, development & investment, for Trammell Crow Co.
April 3, 2013 - Tech, energy add pop to commercial real estate rise
Outlet: Tech Investors News

Growth in the technology and energy industries is adding extra pop to the commercial real estate rebound in the biggest U.S. cities as well as smaller ones. While New York and Los Angeles continue to rack up the highest dollar volumes of transactions, tech-heavy centers like Seattle and San Jose, Calif., are seeing some of the fastest growth rates.
April 3, 2013 - BNP Paribas Real Estate poaches industrial head from CBRE
Outlet: Property Week - Online

BNP Paribas Real Estate has poached its new national head of industrial agency from CBRE.
April 3, 2013 - Prologis signs build-to-suit agreement in China
Outlet: PR Newswire - Online

Prologis has signed a build-to-suit agreement for two facilities in China with Deppon totaling 452,000 square feet.
April 2, 2013 - Deutsche acquires three West Coast commercial properties for $266 million
Outlet: Released

Deutsche Asset & Wealth Management, on behalf of three institutional investors, has acquired three West Coast commercial properties for $266 million.
April 2, 2013 - W3 Partners names Peter Mette as managing partner
Outlet: Released

W3 Partners has named Peter Mette as managing partner. In his new role, Mette is charged with sourcing new deals in Northern California and the Pacific Northwest.
April 2, 2013 - Hines pays $197.3 million for Riverside Center
Outlet: Released

Hines REIT has acquired Riverside Center, a 509,702-square-foot suburban Boston office complex, for $197.3 million.
April 2, 2013 - ARCP increases cash portion of CCPT III offer and calls on board to act now
Outlet: Released

American Realty Capital Properties (ARCP) has another letter to the Cole Credit Property Trust III (CCPT III) board of directors which could increase the cash portion of its acquisition offer up to 60 percent.
April 2, 2013 - Three NW Austin office buildings sell for $76 million
Outlet: Austin American-Statesman - Online

An affiliate of Thomas Properties Group has completed the sale of three office properties in northwest Austin for $76 million.
April 2, 2013 - Dexus sells remaining U.S. industrial property
Outlet: Released

Australia-based Dexus Property Group has agreed to sell its remaining U.S. industrial property. The Glendale, Calif., property was sold for $56.2 million.
April 2, 2013 - Meadow Partners nears final close for second fund
Outlet: Institutional Real Estate Newsline

Meadow Partners plans to hold a final close for Meadow Real Estate Fund II on April 15, 2013.
April 2, 2013 - Blackstone set to acquire international commercial property firm
Outlet: HousingWire

The Blackstone Group's real estate unit may gain control of Multi Corp., a European shopping-mall developer, after acquiring almost half of the company's corporate debt. Gaining control of Multi would give Blackstone a pan-European retail business.
April 2, 2013 - OTPP earns 14 percent return in 2012 for its real assets
Outlet: Canadian Business - Online

The Ontario Teachers' Pension Plan (OTPP) earned a totaled $28.7 billion return compared with $25.8 billion at the end of 2011for its real assets, which included real estate, infrastructure and timberland.
April 2, 2013 - Like employment, demand for office space in the U.S. improves
Outlet: Reuters

The office vacancy rate fell only slightly during the first quarter, as a lack of significant job growth continued to impede demand for space, according to a quarterly report released on Tuesday.
April 1, 2013 - NGKF makes three new hires
Outlet: Rentv.com

Newmark Grubb Knight Frank (NGKF) hired three new hires for its Southern California retail division.
April 1, 2013 - WRIT appoints Edward Murn, IV as managing director
Outlet: Released

Washington Real Estate Investment Trust (WRIT) has appointed Edward J. Murn, IV as managing director, head of residential division. He will oversee operations, investments and development for WRIT’s 11-property, 2,540 unit residential portfolio.
April 1, 2013 - Manhattan office deals plunge in first quarter
The sale of commercial property in Manhattan fell precipitously in the first quarter, according to Cushman & Wakefield.
April 1, 2013 - LACERA acquires two office buildings in Seattle
Outlet: The CoStar Group

The Los Angeles County Employees Retirement Association has acquired two office buildings in the Union Station office complex located in Seattle, Wash., from Seattle Union Station for $96.9 million.
April 1, 2013 - Harrison Street buys LIU student housing for $61 million
Outlet: The Real Deal

Harrison Street Real Estate Capital has paid $62.7 million for 490 Fulton St. in Brooklyn, N.Y. C.
April 1, 2013 - James W. Arce joins Cassidy Turley as senior managing director
Outlet: Reuters

James W. Arce has joined Cassidy Turley as senior managing director, West Region.
April 1, 2013 - KBS REIT pays $239 million for San Jose, Calif., office complex
Outlet: Commercial Real Estate Direct

An affiliate of KBS REIT II Inc. has paid $239 million for the 610,083-square-foot Corporate Technology Centre in San Jose, Calif. The property consists of eight office buildings on 32.7 acres.
April 1, 2013 - Panther Properties Investment acquires three class A apartment communities
Outlet: Released

Panther Properties Investment has acquired a $75 million, three property multifamily portfolio totaling 740 units.
April 1, 2013 - AR Capital closes on $112 million NYC office buy
Outlet: CoStar Group

American Realty Capital NY Recovery REIT has closed on its previously-announced acquisition of 218 W. 18th St. in New York City for $112 million.
April 1, 2013 - Prudential to enter rented housing market
Outlet: Selftrade.co.uk

Insurer Prudential is set to become the first institutional investor to enter Britain's rented housing market.
April 1, 2013 - Garden City retail units sell for $66.2 million
Outlet: Real Estate Weekly - Online

Metropolitan Realty Associates and Angelo, Gordon & Co. have announced the $66.25 million sale of the retail condominiums at 711 Stewart Ave. in Garden City, N.J., to Hampshire Cos.
April 1, 2013 - Ivy Funds adds new choices for global real estate investors
Outlet: Business Wire - Canada - Online

Ivy Funds launches two new global funds to help investors and financial advisors pursue the potential opportunities of investment in real estate securities: Ivy Global Real Estate Fund and Ivy Global Risk-Managed Real Estate Fund.
March 29, 2013 - San Francisco office residential tower project to cost $375 million
Outlet: Bloomberg

Jay Paul Co. plans to build a 54-story office and residential tower in the city's South of Market neighborhood, which will cost about $375 million.
March 29, 2013 - Ivanhoe cambridge looks to expand to investments in private companies
Outlet: National Post

Ivanhoe Cambridge Inc., the real estate company controlled by Quebec pension fund Caissededépôt, is turning to private equity investments in Canada for the first time to bolster returns.
March 29, 2013 - Port of Greater Cincinnati Development Authority proposes mixed-use project
Outlet: Business Courier of Cincinnati - Online

The Port of Greater Cincinnati Development Authority has proposed redeveloping a shopping center site in that city into a mixed-use project. The project could cost up to $75 million to develop.
March 29, 2013 - AMD completes $164 million sale-leaseback in Austin
Outlet: Citybizlist - Dallas Real Estate

Advanced Micro Devices (AMD) has sold its Lone Star Campus at 7171 Southwest Parkway in Austin, TX to 7171 Southwest Parkway Holdings for $164 million.
March 29, 2013 - Ivanhoé Cambridge announces organizational changes
Outlet: Released

The real estate arm of Caisse de dépôt et placement du Québec has rearranged several executives to strengthen its Canadian and international platforms, as well as its Quebec team.
March 29, 2013 - Perella Weinberg JV buys $540 million portfolio
Outlet: Released

Caribbean Property Group and Perella Weinberg Partners have completed the acquisition of a portfolio of non-performing commercial and constructions loans, and commercial and single-family real estate from Banco Popular de Puerto Rico.
March 29, 2013 - D.C.'s Washington Harbour offered for sale
Outlet: Commercial Real Estate Direct

A venture of MRP Realty and Rockpoint Group is offering for sale Washington Harbour, a 557,961-square-foot retail and office property in Washington, D.C.
March 29, 2013 - Blackstone in sales market with 500,000-square-foot trophy building in L.A.
Outlet: Commercial Real Estate Direct

Blackstone Group is in the market to sell 1888 Century Park East, a 500,000-square-foot office property in Los Angeles' Century City area.
March 29, 2013 - LACERA commits additional $100 million to Capri Capital Partners
Outlet: Institutional Real Estate Newsline

The $39.2 billion Los Angeles County Employees Retirement System (LACERA) has approved an additional $100 million commitment to separate account manager Capri Capital Partners.
March 28, 2013 - Massachusetts retirement system issues RFP for core managers
Outlet: Institutional Real Estate Newsline

The $75 million North Attleboro (Mass.) Contributory Retirement System (NACRS) is searching for an open-end core or core-plus real estate manager.
March 28, 2013 - CCPT III confirms receipt of revised unsolicited proposal from ARCP
Outlet: Released

Cole Credit Property Trust III (CCPT III) has confirmed receipt of a revised unsolicited proposal from American Realty Capital Properties (ARCP) to acquire 100 percent of the outstanding common stock of CCPT III.
March 28, 2013 - Cerberus seeks to bankroll investor landlords
Outlet: Yahoo! News

Private equity firm Cerberus Capital Management wants to provide financing to small investment firms that are buying foreclosed homes as part of a long-term bullish bet on the housing recovery.
March 28, 2013 - FSBA searches for real estate and strategic investments consultant
Outlet: Institutional Real Estate Newsline

The $162.3 billion Florida State Board of Administration (FSBA) has issued an RFP for a real estate and strategic investments consultant.
March 28, 2013 - New Mexico Council commits $200 million to infrastructure
Outlet: Institutional Real Estate Newsline

The New Mexico State Investment Council has committed $200 million to two separate infrastructure funds.
March 28, 2013 - WHI Real Estate Partners hires managing principal
Outlet: Institutional Real Estate Newsline

Jonathan Lulu has joined WHI Real Estate Partners as managing principal.
March 28, 2013 - Hines Global REIT acquires office complex in Poland
Outlet: Released

Hines has acquired the 481,070-square-foot New City office complex in Warsaw, Poland, from Europejskie Centrum Inwestycyjne.
March 27, 2013 - Miami beach resort and spa sells for $117 million
Outlet: Commercial Real Estate Direct

An entity led by Joseph Chetrit has purchased the 424-room Miami Beach Resort and Spa for $117 million.
March 27, 2013 - Korean group to pay $218 million for Chicago office building
Outlet: Crain's Chicago Business

Mirae Asset Global Investments of South Korea has agreed to pay about $218 million for a 650,812-square-foot office building at 225 West Wacker Drive in Chicago.
March 27, 2013 - Hillwood Properties to develop 1.2-million-square-foot industrial building
Outlet: Dallas Business Journal - Online

Hillwood Properties has proposed a 1.2 million-square-foot industrial project in Fort Worth, Texas. The property is going up in the 650-acre Alliance Center industrial complex.
March 27, 2013 - Hines promotes Michael Desguin senior vice president-conceptual construction
Outlet: Released

Hines has promoted Michael Desguin to senior vice president-conceptual construction at Williams Tower in Houston from vice president.
March 27, 2013 - Nakash Holdings pays more than $100 million for D.C. office building
Outlet: Commercial Real Estate Direct

Nakash Holdings has paid more than $100 million for the Bond Building, a 175,000-square-foot office building at 1400 New York Ave. NW in Washington, D.C.
March 27, 2013 - STORE Capital pays $79 million for 34 Applebee's restaurants
Outlet: Commercial Real Estate Direct

STORE Capital Corp. has paid $79 million for a portfolio of 34 Applebee's restaurants that are being leased back to RMH Franchise Corp.
March 27, 2013 - Ferguson hires David Thalhamer as managing director in New York office
Outlet: Released

Ferguson Partners has appointed David Thalhamer as a managing director based in the company's New York City office..
March 27, 2013 - Kames Capital chief Fleming steps down
Outlet: Citywire.co.uk

Andrew Fleming is leaving Kames Capital in a move that will see the roles of CEO and CIO split.
March 26, 2013 - HSRE-EB I closes on $290 million senior living portfolio
Outlet: CoStar Group

Harrison Street Real Estate Capital and The Engel Burman Group have acquired five senior living communities in Long Island from Chartwell Seniors Housing REIT and ING Real Estate Australia.
March 26, 2013 - Vornado closes on $500 million acquisition of Green Acres Mall
Outlet: CoStar Group

Vornado Realty Trust has sold the Green Acres Mall in Nassau County on Long Island to The Macerich Co.
March 26, 2013 - Harrison Street commits $375 million to student housing program
Outlet: PRWeb - Online

Harrison Street Real Estate Capital and Capstone Development Partners have invested $375 million in P3+, a program for universities seeking cost-effective private sector financing and development assistance with their on-campus housing.
March 26, 2013 - BioMed Realty to acquire Wexford Science & Technology for $640 million
Outlet: Released

BioMed Realty Trust as agreed to acquire Wexford Science & Technology in a deal valued at $640 million. The firm has a 1.6 million-square-foot portfolio of life science properties.
March 26, 2013 - Lone Star Funds Buys Eilan
Outlet: REDNews

Private equity firm Lone Star Funds has closed on the purchase of the 120-acre Eilan development.
March 26, 2013 - Brookfield gives Bruce Gillingham Pollard London retail mandate
Outlet: CoStar UK News

Brookfield Office Properties has appointed Bruce Gillingham Pollard to provide retail consultancy advice across its 2.74 million-square-foot office led London portfolio.
March 26, 2013 - Paladin Realty hires new head of Brazil officce
Outlet: Released

Paladin Realty Partners has hired Ricardo Raoul as a managing director and Brazil Country head. He will be based in the firm’s São Paulo office.
March 26, 2013 - Grosvenor Americas and Cressey announce partnership to build 319-unit tower
Outlet: Marketwire - Online

Adding to Downtown Calgary's West End skyline for the first time in nearly a decade, Grosvenor Americas and Cressey Development Group plan for a new residential two tower development with 319 suites.
March 25, 2013 - New Jersey invests $500 million in Asia Blackstone fund
Outlet: Institutional Real Estate Newsline

The $72.8 billion New Jersey Division of Investment (NJDOI) has committed $500 million to Blackstone Real Estate Partners Asia.
March 25, 2013 - CBRE arranges $98.2 million in financing for Reston Executive Center
Outlet: Citybizlist Washington DC

CBRE Capital Markets has arranged $98.2 million in debt financing for Reston Executive Center, three class A office buildings totaling 494,264 square feet.
March 25, 2013 - Westfield sells U.S. mall stakes for $700 million to O’Connor
Outlet: BusinessWeek Investing - Online

Westfield Group has sold half its shares in six malls in Florida to O’Connor Capital Partners for about $700 million.
March 25, 2013 - Cornerstone to manage OppenheimerFunds' global real estate fund
Outlet: InsuranceNewsNet - Online

Cornerstone Real Estate Advisers has been appointed by OppenheimerFunds to manage its newly-launched Global Real Estate Fund.
March 22, 2013 - Billingsley to develop office building, roadway at Cypress Waters
Outlet: Dallas Business Journal

Dallas-based Billingsley Co. plans to develop an office building and a four-lane roadway at Cypress Waters, a 1,000-acre mixed-use development in the North Dallas Freeport area.
March 22, 2013 - ARCP responds to Cole Holdings' letter to business partners
Outlet: Released

In response to recent statements by Cole Holdings Corp. in a letter to its "business partners", American Realty Capital Properties (ARCP) said today that it continues to believe that the principal issue of importance to the stockholders of Cole Credit Property Trust III is ARCP's superior and bona fide offer to acquire CCPT III.
March 22, 2013 - Illinois SURS commits $300 million to two core open-end funds
Outlet: Institutional Real Estate Newsline

The State Universities Retirement System of Illinois (SURS) board of trustees has approved the selection of core real estate managers J.P. Morgan and Heitman.
March 21, 2013 - Cassidy Turley begins marketing WRIT medical portfolio
Outlet: Baltimore Business Journal - Online

Cassidy Turley has begun seeking buyers for Washington Real Estate Investment Trust's 1.5 million-square-foot medical office portfolio, which stretches from Greater Baltimore to Centreville.
March 21, 2013 - Charter Hall almost out of the United States
Outlet: Finance News Network

Charter Hall Retail REIT has announced the sale of its interest in its last U.S. joint venture, with property developer Regency Centers, for $49 million.
March 21, 2013 - American Realty Capital, Cole Credit Property on verge of takeover warfare
Outlet: Phoenix Business Journal

American Realty Capital Properties and Cole Credit Property Trust III may be in the early stages of takeover warfare. In a statement Thursday, Cole III said "thanks, but no thanks" to American Realty's offer from the previous day to buy Cole III for $5.7 billion and form the largest triple-net-lease REIT in the nation.
March 21, 2013 - Cole Credit rejects American Realty Capital's $5.7 billion offer
Outlet: Markets.financialcontent.com

Cole Credit Property Trust III has rejected American Realty Capital Properties' $5.7 billion offer to buy the company and said it would go ahead with its acquisition of its external adviser, Cole Holdings Corp.
March 21, 2013 - CBRE Global sells office buildings in Philadelphia and Washington, D.C.
Outlet: Released

CBRE Global Investors has sold two class A office properties to Rosemont Realty on behalf of two funds in the CBRE Strategic Partners U.S. fund series.
March 21, 2013 - AT&T offers Va. office building for sale
Outlet: Commercial Real Estate Direct

AT&T Inc. is offering for sale its 410,230-square-foot office property at 3033 Chain Bridge Road in the Washington, D.C., suburb of Oakton, Va. It is being offered through Cushman & Wakefield and could sell for as much as $89 million.
March 21, 2013 - D.C. office property could sell for up to $295 million
Outlet: Commercial Real Estate Direct

Hines plans to sell he 334,175-square-foot office building at 1200 19th St. NW in Washington, D.C., for a price of $275 million to $295 million.
March 21, 2013 - American Realty Capital, Cole Credit Property on verge of takeover warfare
Outlet: NewsOK.com (Oklahoman) - Online

American Realty Capital Properties and Cole Credit Property Trust III may be in the early stages of takeover warfare.
March 21, 2013 - AvalonBay Communities announces $332 million of Washington, D.C., area dispositions
Outlet: iStockAnalyst

AvalonBay Communities has sold two communities, Avalon Decoverly and Crystal House.
March 21, 2013 - IPD launches first global property fund index
Outlet: Released

IPD has released its first IPD Global Quarterly Property Fund Index. The index includes 72 open ended funds, covering over 4,600 individual property assets with a capital value of $172 billion as of year-end 2012.
March 21, 2013 - Bridge Investment Group Partners raises $322 million for second fund
Outlet: Institutional Real Estate Newsline

Bridge Investment Group Partners has raised $322 million for its Real Estate Opportunity Capital Fund II.
March 21, 2013 - Lone Star raises $333.4 million for distressed debt fund
Outlet: Institutional Real Estate Newsline

Dallas-based Lone Star Funds has raised $333.4 million for its recently launched Lone Star Partners VIII.
March 21, 2013 - Clinton Stevenson retires from Ford Foundation
Outlet: Institutional Real Estate Newsline

Clinton Stevenson has retired as director at the Ford Foundation in New York City.
March 21, 2013 - Mack-Cali enters D.C. multifamily market
Outlet: PR Newswire - Online

Mack-Cali Realty Corp. has entered the metropolitan Washington, D.C., market with a $262.5 million acquisition of an 828-unit apartment property in the Crystal City submarket of Arlington, Va.
March 21, 2013 - Dundee to offer to acquire C2C Industrial Properties
Outlet: Stockhouse Publishing Ltd.

Dundee Industrial REIT has offered a bid to Acquire C2C Industrial Properties.
March 20, 2013 - Fox names senior managing director at NGKF
Outlet: CoStar Group

Newmark Grubb Knight Frank (NGKF) has hired Frank Fox as a senior managing director of its Philadelphia industrial team.
March 20, 2013 - Prudential Mortgage expands Gateway Program
Outlet: National Mortgage Professional

Prudential Mortgage Capital Co. has expanded its Agency Gateway Program for multifamily properties. The company’s decision to expand the program reflects greater demand among property owners for bridge financing until they qualify for longer-term loa
March 20, 2013 - Hawkeye Partners raises $227.5 million for Scout II fund
Outlet: Institutional Real Estate Newsline

Texas-based Hawkeye Partners has raised $227.5 million from domestic investors for its second fund, Scout II.
March 20, 2013 - Healthcare of Ontario Pension Plan posts high returns in 2012
Outlet: Pensions&Investments – Online

The Healthcare of Ontario Pension Plan, Toronto, returned 17.1 percent on its investments in 2012, increasing total assets to a record C$47.4 billion ($46.2 billion) in assets, confirmed Jim Keohane, president and CEO. Real estate returned 18 percent
March 20, 2013 - CBRE arranges $70 million sale of Miami office tower
Outlet: Released

CBRE has closed the sale of 80 Southwest 8th St., an office tower with 285,595 square feet in Miami.
March 20, 2013 - RLJ Lodging Trust acquires three-tower complex for $79.5 million
Outlet: Business Wire - Online

RLJ Lodging Trust has acquired the historic Humble Oil Building complex in downtown Houston, for a purchase price of $79.5 million.
March 20, 2013 - Cole Corporate Income pays $74.7 million for Philadelphia-based office
Outlet: Commercial Real Estate Direct

Cole Corporate Income Trust has paid $74.7 million a 441,000-square-foot office building in Philadelphia.
March 20, 2013 - Cole Credit buys Atlanta-area retail property for $61.08 million
Outlet: Citybizlist - Altanta Real Estate

Cole Credit Property Trust IV has purchased a 350,289-square-foot space at the Canton Marketplace retail center in suburban Atlanta for $61.08 million.
March 20, 2013 - Primaris Retail REIT and H&R provide transaction update
Outlet: Stockhouse Publishing Ltd.

H&R Real Estate Investment Trust and H&R Finance Trust and Primaris Retail Real Estate Investment Trust have announced minor changes to the previously announced transactions involving Primaris, H&R and a KingSett Capital-led consortium.
March 20, 2013 - CBRE acquires IMPACT-CORTI
Outlet: Zacks.com

In order to enhance service offering in Europe, Middle East and Africa region, CBRE Group has acquired a Prague-based full-service real estate provider firm – IMPACT-CORTI.
March 20, 2013 - Schorsch makes $9 billion pitch for Cole Credit III
Outlet: GlobeSt.com

Having recently completed its acquisition of American Realty Capital Trust III, American Realty Capital Properties Inc. is setting its sights on nontraded REIT Cole Credit Property Trust III.
March 20, 2013 - Liang resigns as PREI research managing director
Outlet: Institutional Real Estate Newsline

Youguo Liang has resigned as managing director of research at Prudential Real Estate Investors (PREI).
March 20, 2013 - Ram announces expansion of its capital markets and investor relations team
Outlet: Released

Jonathan Porter has been named vice president of capital markets for Ram.
March 20, 2013 - Malls must move beyond shopping to survive in Internet era
Outlet: Yahoo! News

As growing numbers of shoppers move online, European mall owners are looking to pull in customers by including services that can't be replicated on the Web like hospital care and government offices.
March 20, 2013 - Ivanhoé Cambridge acquires 73 office buildings in Silicon Valley
Outlet: PR Newswire - Online

Ivanhoé Cambridge has acquired 73 office buildings in California's Silicon Valley region for its partnership with affiliates of TPG and DivcoWest.
March 20, 2013 - American Realty offers to buy CCPT III for $5.7 billion
Outlet: Released

American Realty Capital Properties has announced it sent to the Board of Directors of Cole Credit Property Trust III (CCPT III) an offer to acquire 100 percent of the outstanding common stock of CCPT III for at least $12 per share, or $5.7 billion, in cash and stock to create the largest publicly traded REIT in the net-lease sector.
March 19, 2013 - Texas ERS commits $227 million to real estate investments
Outlet: Institutional Real Estate Newsline

The $23.6 billion Employees Retirement System of Texas (ERS) has committed $205 million to three real estate funds and $22 million through its emerging manager program.
March 19, 2013 - Redevelopment plans for Queens, N.Y., project moving forward
Outlet: Crain's New York Business - Online

The New York City Planning Commission has approved the $3 billion redevelopment of Willets Point in Queens, N.Y. A venture of the Related Cos. and Sterling Equities plans to redevelop the property into 2,500 apartment units.
March 19, 2013 - Inland American pays $53 million for San Diego hotel
Outlet: Commercial Real Estate Direct

Inland American Lodging Group has paid $53 million for the Andaz San Diego, an upscale boutique hotel with 159 rooms in San Diego's Gaslamp Quarter.
March 19, 2013 - Parkway Properties to buy 70 percent stake in three Tampa offices
Outlet: Commercial Real Estate Direct

Parkway Properties has agreed to buy the 70 percent stake held by the Teacher Retirement System of Texas in three Tampa, Fla., office properties in a deal that values them at $139.3 million.
March 19, 2013 - Farallon Readies launched first real estate fund
Outlet: Reuters

Farallon Capital Management is seeking up to $400 million for its first dedicated real-estate hedge fund.
March 19, 2013 - PSERS commits $150 million to value-added funds
Outlet: Institutional Real Estate Newsline

The $49.7 billion Pennsylvania Public School Employees Retirement System (PSERS) has committed $75 million each to two separate value-added real estate funds.
March 19, 2013 - Mark Trepp appointed DTZ senior vice president
Outlet: CNW Group - Online

DTZ Vancouver Real Estate has appointed Mark Trepp as senior vice president of office properties.
March 19, 2013 - Private equity and venture capital Investments outside United States post positive returns
Outlet: Marketwire - Online

Private equity and venture capital funds that invest primarily in companies located outside the United States, in both developed and emerging markets, generated positive returns during the quarter ending Sept. 30, 2012, according to global institutional investment advisor Cambridge Associates.
March 19, 2013 - Prologis and NBIM close €2.4 billion European JV
Outlet: Released

Prologis has announced the closing of Prologis European Logistics Partners Sarl, a €2.4 billion ($3.1 billion) joint venture with Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund Global.
March 18, 2013 - Avison Young opens new office in San Diego, California
Outlet: Released

Avison Young has opened an office in San Diego, Calif. The newest American office marks Avison Young's 22nd market outside of Canada.
March 18, 2013 - Duke Realty sells Stake in 3.3 million-square-foot portfolio
Outlet: CoStar Group

Duke Realty Corp. has sold its 20 percent stake in 17 commercial buildings it jointly owned with majority stakeholder Chambers Street Properties.
March 18, 2013 - DTZ appoints Todd Richardson to lead the facilities management business development in the Americas
Outlet: Yahoo! Finance Singapore

DTZ has appointed Todd Richardson as senior vice president of business development for DTZ's Americas facilities management business unit.
March 18, 2013 - Paladin Realty makes first investment for fourth fund
Outlet: Released

Paladin Realty Partners has announced the formation of a new programmatic joint venture with YOU Inc. Incorporadora e Participações S.A. to develop middle-income housing in São Paulo, Brazil.
March 18, 2013 - Fidelity to sell four Boston office buildings, land parcel
Outlet: Banker & Tradesman - Online

The real estate arm of Boston-based Fidelity Investments is putting four Boston office properties and a small land parcel in the city's Financial District on the shopping block.
March 18, 2013 - Hyatt pays $85 million for Driskill Hotel in Austin
Outlet: Commercial Real Estate Direct

Hyatt Hotels Corp. has paid $85 million for the 189-room Driskill Hotel from Lowe Enterprises and Clarion Partners.
March 18, 2013 - Blu Hotel forms venture to build hotel portfolio
Outlet: Commercial Real Estate Direct

Blu Hotel Investors plans to assemble a portfolio of 25 to 30 hotels over the next five years.
March 18, 2013 - Pramerica Real Estate Investors offers U.S. core real estate strategy to non-U.S. investors
Outlet: Released

To meet increasing demand from non-U.S. investors for core real estate investments in the United States, Pramerica Real Estate Investors has begun offering its core open-ended equity commingled real estate strategy to non-U.S. investors.
March 18, 2013 - The InterTech Group completes €14.5 acquisition
Outlet: Released

An affiliate of The InterTech Group, Inc. a U.S. company based in North Charleston, South Carolina advised by international real estate advisor Savills, has completed the acquisition of the SAP offices.
March 18, 2013 - Harvest Properties to manage 100 Spear St.
Outlet: Registry - Online, The

Harvest Properties has been awarded the property management assignment for 100 Spear St., a 21-story, 203,000 square-foot class A office building located in San Francisco’s South Financial District.
March 18, 2013 - Velocis nears March 29 final close
Outlet: Institutional Real Estate Newsline

Dallas-based firm Velocis Partners plans to hold a final close for its debut core-plus Velocis Fund on March 29.
March 18, 2013 - CalPERS invests $250 million in industrial partnership
Outlet: Institutional Real Estate Newsline

The $255 billion California Public Employees’ Retirement System (CalPERS) has committed $250 million to the Institutional Logistics Partners partnership.
March 18, 2013 - GTIS Partners raises $155.3 million for residential fund
Outlet: Institutional Real Estate Newsline

GTIS Partners has raised $155.3 million for its GTIS U.S. Residential Strategies Parallel Fund.
March 18, 2013 - CBRE sells eight-building Florida portfolio for $130 million
Outlet: Released

CBRE Group has closed the $130 million sale of an eight-building, 1,018,218-square foot-portfolio in Jacksonville, Fla.
March 17, 2013 - Davis Cos. Buys 1.1 million-square-foot Mass. portfolio
Outlet: Boston Citybizlist

Davis Cos. has acquired 1.1 million square feet of office, industrial and research and development space in Dedham, Mass., and Worcester, Mass.
March 17, 2013 - Brookfield upheaval spins off flagship property trust
Outlet: Mudgee Guardian and Gulgong Advertiser

Brookfield Asset Management plans to create a $900 million property trust in April through the distribution of a special dividend to shareholders.
March 15, 2013 - Cadillac Fairview Corp. plans $2 billion Montreal redevelopment
Outlet: Winnipeg Free Press, The

Cadillac Fairview Corp. plans to develop a 26-story, 514,000-square-foot office building in Montreal's downtown. In addition, the firm will spend nearly $2 billion over 15 years to redevelop the downtown site.
March 15, 2013 - Sares-Regis Group reaches $100 million target for multifamily fund
Outlet: Institutional Real Estate Newsline

The Irvine, Calif.-based Sares-Regis Group has held the final close for the Sares-Regis Multifamily Fund.
March 15, 2013 - Piedmont Property buys Burlington office for $70 million
Outlet: Citybizlist Boston

Piedmont Property Group has agreed to buy the 270,000-square-foot Burlington Office Park in Burlington, Mass., from Behringer Harvard for $70 million.
March 15, 2013 - Upper West Side Manhattan apartments trade for $70 million
Outlet: Crain's New York Business - Online

The Orbach Group has purchased three apartment buildings on West 107th St. for $70 million.
March 15, 2013 - JCR Capital Investment Corp. raises $100 million-plus
Outlet: Denver Business Journal - Online

JCR Capital Investment Corp. has closed its JCR Commercial Real Estate Finance Fund II LP after it drew more than the $100-million target.
March 15, 2013 - Ullico provides $41 million loan for Manhattan apartment complex
Outlet: Yahoo! News

Ullico has provided a $41 million, five-year refinancing for The Cameo, a seven-story, 102-unit apartment complex with a 60-car parking garage in midtown Manhattan.
March 15, 2013 - Hines joins Colliers International as vice president in corporate services division
Outlet: New England Real Estate Journal - Online

According to Colliers International, John Hines has joined its corporate services division as a vice president. Hines will focus on exclusive tenant representation for multi-market, national and international real estate portfolios.
March 15, 2013 - Dundee completes acquisition of $559 million German office portfolio
Outlet: Money News

Dundee International REIT has completed its previously announced acquisition of 11 office properties from SEB Asset Management, the SEB Group's specialist real estate asset manager in Germany for approximately €420 million ($559 million).
March 15, 2013 - Cadillac Fairview unveils $2-billion Montreal development
Outlet: Globe and Mail - Online, The

Cadillac Fairview Corp. wants to revitalize and extend southward Montreal’s downtown with an office-retail-residential project. The mixed-use project is to be built over 15 years and is valued at almost $2-billion.
March 15, 2013 - Brickell office building sold for $70 million
Outlet: South Florida Business Journal

The Brickell Bayview Centre was acquired for $70 million by an affiliate of Banyon Street Capital.
March 15, 2013 - 400-unit residential project approved for Boston
Outlet: Banker & Tradesman

Gerding Edlen and Normandy Real Estate Partners are developing the two-building complex at a cost of $145 million.
March 14, 2013 - Indiana Public Retirement System invests $100 million in core fund
Outlet: Institutional Real Estate Newsline

The $27.1 billion Indiana Public Retirement System (INPRS) has committed $100 million to H/2 Core Real Estate Debt Fund.
March 14, 2013 - Ramco-Gershenson buys Clarion's stake in 15 retail centers for $151.9 million
Outlet: Commercial Real Estate Direct

Ramco-Gershenson Properties Trust has agreed to pay $151.9 million for the 70 percent stake for 15 retail centers with 2.2 million square feet in Florida and Michigan.
March 14, 2013 - $300 million condo-hotel to be built in Miami
Outlet: South Florida Business Journal

A venture of SBE Entertainment Group and the Related Group is developing a $300 million hotel-condominium property in Miami.
March 14, 2013 - Jamestown launches Latin American division
Outlet: Released

Jamestown has announced the creation of a new division, Jamestown Latin America, and names CEO to lead the new division.
March 14, 2013 - Harrison Street holds first close for fourth fund in series
Outlet: Institutional Real Estate Newsline

Harrison Street Real Estate Capital has held a $465 million initial closing for its fourth fund in its Harrison Street Real Estate Partners opportunistic fund series.
March 13, 2013 - Blackstone said to get $2.1 billion loan for home purchases
Outlet: Bloomberg News - Online

Blackstone Group has expanded a credit line to buy single-family homes to $2.1 billion from $600 million, according to a person with knowledge of the deal.
March 13, 2013 - JPMorgan, Deutsche lend $475 million against Hotel del Coronado
Outlet: Released

JPMorgan Chase Bank and Deutsche Bank have provided $475 million of financing against the Hotel del Coronado, a 757-room property in Coronado, Calif., across the bay from San Diego.
March 13, 2013 - Franklin Street to pay $158 million for Atlanta office building
Outlet: Commercial Real Estate Direct

Franklin Street Properties Corp. has agreed to pay $158 million for the 621,007-square-foot office building at 999 Peachtree St. in Atlanta.
March 13, 2013 - Manhattan's 650 Madison Ave. offered for sale
Outlet: Crain's New York Business

The Carlyle Group has placed 650 Madison Ave., a 27-story, 57-year-old office building, on the market. Reports have placed the black-glass-sheathed tower's asking price at around $1.3 billion
March 13, 2013 - AMD sells campus for $164 million
Outlet: Austin Business Journal - Online

Advanced Micro Devices Inc. has found a buyer for its Southwest Austin facilities, which is called the Lone Star Campus.
March 13, 2013 - Citigroup provides $250 million for apartment renovation in Bronx, N.Y.
Outlet: Commercial Real Estate Direct

Citigroup has provided $250 million of capital to the Community Preservation Corp. for the construction and renovation of as many as 6,000 apartment units at 539-541 East 147th St. in the Bronx, N.Y.
March 13, 2013 - Commercial, residential tower under development in Manhattan
Outlet: The Real Deal

Developers Anne/Nassau Realty are building a 30-story tower with commercial and residential space at the corner of Nassau and Ann streets in lower Manhattan. The project, which is being called the Lara.
March 13, 2013 - TPG Capital to launch property fund with $1 billion target
Outlet: Reuters - Online

TPG Capital Management plans to launch its first real estate fund with a target of at least $1 billion.
March 12, 2013 - KKR said to debut real estate fund with $500 million
Outlet: Bloomberg News - Online

KKR & Co. (KKR), the buyout firm run by Henry Kravis and George Roberts, is preparing to market its first fund dedicated to real estate investments with an initial $500 million committed to the pool.
March 12, 2013 - Lehman Bros. seeking buyers for D.C.'s Bond Building
Outlet: Washington Business Journal - Online

Eastdil Secured has begun marketing the Bond Building in downtown D.C. to interested buyers now that the Department of Justice has agreed to renew its lease in the 12-story building for another 15 years.
March 12, 2013 - WPT completes $99.5 million acquisition of Midwest dist. portfolio
Outlet: CoStar Group

Welsh Property Trust (WPT) has finalized its purchase of the 2.71 million-square-foot Core Midwest Distribution Portfolio from KTR Capital Partners for $99.5 million.
March 12, 2013 - Stiles launching $80 million Nashville apartment project
Outlet: South Florida Business Journal

Stiles and Nashville-based Ray Hensler have partnered on an $80 million, 23-story luxury apartment project in the city’s Gulch district.
March 12, 2013 - Hines purchases Riverside Center for $200 million
Outlet: Citybizlist - Boston Real Estate

Hines has agreed to buy a 508,000-square-foot office complex in the Boston suburb of Newton, Mass., from Blackstone for nearly $200 million.
March 12, 2013 - Dallas investor buys North Texas industrial properties
Outlet: Dallas Morning News - Online

Mayfield Properties of Dallas has bought a portfolio of 14 industrial buildings with 1.75 million square feet in Texas.
March 12, 2013 - Madison International raises additional $93.3 million for fifth fund
Outlet: Institutional Real Estate Newsline

Madison International Realty has raised an additional $93.3 million for its Madison International Real Estate Liquidity Fund V.
March 12, 2013 - CalSTRS invests $106 million in real estate
Outlet: Institutional Real Estate Newsline

The $155.4 billion California State Teachers Retirement System (CalSTRS) continues to invest for its real estate portfolio, making commitments totaling $106 million.
March 12, 2013 - Partners Group invests in a 48-story luxury, residential condominium
Outlet: Released

Partners Group has invested on behalf of its clients in a luxury residential tower managed by Ritz-Carlton, located in the Center City submarket of Philadelphia along the Avenue of the Arts.
March 12, 2013 - Paladin appoints Alejandro Krell to lead investments in South America’s Andean region
Outlet: Released

Paladin Realty Partners has appointed Alejandro Krell as managing director to lead the firm’s investment and development activities in the Andean region of South America, including Colombia, Peru and Chile.
March 12, 2013 - CBRE Global acquires German shopping center in JV with TRS
Outlet: Released

A fund managed by CBRE Global Investors and the Teacher Retirement System of Texas (TRS) have acquired Leine Centre, Laatzen a leading shopping center in Germany for €117 million.
March 12, 2013 - Henderson acquires retail warehouse, sells assets and targets U.S. student housing
Outlet: Released

Henderson Global Investors, on behalf of its German Retail Income Fund, has acquired a retail warehouse in Norden, East Frisia in Germany for €23 million.
March 12, 2013 - Summit completes Marriott-Branded portfolio acquisition
Outlet: Lodging - Online

Summit Hotel Properties has closed on the previously announced acquisition of a portfolio of five unencumbered Louisiana hotels containing an aggregate of 823 rooms for a total purchase price of approximately $135.0 million.
March 12, 2013 - Hines and Invesco Real Estate close $57 million San Francisco office buy
Outlet: Rentv.com

Hines and Invesco Real Estate have purchased of the Rialto Building, located at 116 New Montgomery St. in San Francisco's South Financial District.
March 12, 2013 - General Electric sells $1.5 billion Australian office portfolio
Outlet: Age, The

General Electric has sold its $1.5 billion Australian office portfolio to The Blackstone Group.
March 11, 2013 - Retirement housebuilder faces U.S. bid
Outlet: Daily Telegraph, The

The Blackstone Group is considering a £500 million bid for McCarthy & Stone, the United Kingdom's largest retirement homes builder.
March 11, 2013 - Oaktree JV buys $240 million office portfolio
Outlet: Business Wire

Oaktree Funds partnered with National Financial Realty to purchase a 40-building, 3.44 million-square-foot office portfolio for $240 million.
March 11, 2013 - Freestanding retail and healthcare lead REIT pack in February
Outlet: Institutional Real Estate Newsline

In February 2013, equity REITs had a 1.24 percent positive return, according to the FTSE NAREIT All Equity REIT index.
March 11, 2013 - GEM Realty Capital seeks $750 million for fifth fund
Outlet: Institutional Real Estate Newsline

GEM Realty Capital has recently launched GEM Realty Fund V, the fifth fund in the series.
March 11, 2013 - Langer pays $170 million for apartment portfolio
Outlet: Commercial Real Estate Direct

Irving Langer had paid $170 million for 37 apartment buildings with 1,200 units in East Harlem, N.Y.
March 11, 2013 - Presima announces appointment of new CEO
Outlet: CNW Group - Online

Presima has appointed Peter Zabierek as CEO. He will join Presima in early April.
March 11, 2013 - Boston Properties appoints Owen Thomas to succeed Zuckerman as CEO
Outlet: NorthJersey.com

Boston Properties has announced that Mortimer Zuckerman will step down as CEO and be replaced by Owen Thomas of Lehman Brothers Holdings.
March 11, 2013 - MPG sells California’s tallest building for $367.5 million
Outlet: Business Wire - Online

The US Bank Tower in Los Angeles was purchased by Singapore-based Overseas Union Enterprise for $367.5 million.
March 10, 2013 - Kimco completes purchase of Wilton River Park in Fairfield County
Outlet: Bloomberg Businessweek - Online

Kimco Realty Corp. has acquired the remaining phase of the 283,000-square-foot Wilton River Park in Wilton, Conn.
March 8, 2013 - Jones Lang LaSalle hires three new U.S. team members
Outlet: DS News: Default Servicing - Online

Jones Lang LaSalle grew its leadership team from coast-to-coast with three executive hires. John Scott was hired as executive vice president in the New York office. Andrea Howard was hired as senior vice president in the North Carolina office.
March 7, 2013 - Brookfield's Brazilian unit on SEC radar
Outlet: Thomson Reuters - Canada - Online

The U.S. securities regulator is looking into a bribery charge leveled against the Brazilian unit of Canada's Brookfield Asset Management, the Wall Street Journal reported, citing people familiar with the plans.
March 7, 2013 - Head of Towers Watson’s real estate research team passes away
Outlet: Institutional Real Estate Newsline

Peter Lewis, head of Towers Watson’s U.S. real estate investment manager research team, has passed away at the age of 61 from unexpected causes.
March 7, 2013 - Indirex announces primary capital raises in February
Outlet: Released

Capital commitments worth $2.5 billion were announced by real estate funds during February. Diversified funds were prevalent with an increased focus on opportunity funds.
March 7, 2013 - Private real estate investors show increased appetite for risk
Outlet: Released

Recent months have seen renewed investor interest in higher risk-return strategies, such as value added private real estate funds and a decline in the proportion of institutions targeting lower risk investments such as core.
March 7, 2013 - Guggenheim expands real estate and infrastructure investment platform
Outlet: Herald - Online, The

Guggenheim Partners has expanded its real estate and infrastructure investment platform with the addition of a dedicated North American infrastructure investment team.
March 6, 2013 - Norwegian fund buys stake in U.S. office properties
Outlet: Institutional Investor - Online

Norway's $662 billion Government Pension Fund Global has bought a 50 percent stake in five U.S. office buildings owned by New York–based financial services provider TIAA-CREF.
March 6, 2013 - Wake Forest Charlotte Center building sells for $72.5 million
Outlet: PredictWallStreet.com

Bank of America Corp. has sold the Wake Forest University Charlotte Center building for $72.5 million.
March 6, 2013 - Related Companies appoints new executive vice president
Outlet: Pensions&Investments – Online

John R.S. Jacobsson was named executive vice president at Related Cos., confirmed company spokeswoman Candice Bruder. The position is new, and his responsibilities include building relationships with the institutional investor community.
March 6, 2013 - Seal Beach sale sets office benchmark at $85 million
Outlet: Orange County Business Journal - Online

A three-building complex in Seal Beach has sold for $85 million, making it the priciest office sale seen in Orange County so far this year.
March 6, 2013 - Related Cos. names John Jacobsson executive vice president
Outlet: Released

Related Cos. has named John R. S. Jacobsson executive vice president. His responsibilities are to pursue new investment and business opportunities and sustaining and building upon Related Cos.
March 6, 2013 - Velocis raises additional $40 million in equity
Outlet: Release

With Velocis Fund’s final closing date approaching, the fund has accepted an additional $40 million in capital commitments since December. The recent commitments give the commercial real estate fund more than $197 million of assets under management.
March 6, 2013 - Macquarie Securites hires two senior members to Boston-based team
Outlet: Business Wire - Canada - Online

Macquarie Securities, the institutional equities arm of Macquarie Group has hired two senior members to its Boston-based equity sales and sales trading team.
March 6, 2013 - CCPT III to acquire $12 billion Cole Holdings
Outlet: PR News - Online

Cole Credit Property Trust III (CCPT III) and Cole Holdings in Phoenix will soon become Cole Real Estate Investments.
March 6, 2013 - Zell's Equity Group sells Ford City Mall
Outlet: Chicago Tribune - Online

Equity Group Investments has sold the Ford City Mall in Chicago, a 1 million-square-foot commercial property. The buyer is New York-based iStar Financial.
March 5, 2013 - Abu Dhabi real estate could see small growth in 2013
Outlet: AME Info

'A Tale of Two Cities' is the theme from Jones Lang LaSalle for their outlook on the UAE property market during 2013.
March 5, 2013 - NAREIT reports March REIT market update
Outlet: Released

U.S. REIT returns slightly underperformed the broader equity market in February and the first two months of the year but significantly outperformed it in the 12-months ended February 28.
March 5, 2013 - Hines REIT sells Williams Tower to Invesco Real Estate for $412 million.
Outlet: Released

Hines has sold the iconic Williams Tower to a fund managed by Invesco Real Estate. The sales price was $412 million.
March 5, 2013 - Office space planned for former Domino factory site in Brooklyn, N.Y.
Outlet: Capital New York

Two Trees Management Co. is planning to build 630,000 square feet of office space at the former Domino Sugar Factory in Brooklyn, N.Y.
March 5, 2013 - Venture approved for $360 million mixed-use development in Boston
Outlet: BostonHerald.com

Massachusetts officials have approved a proposal from Samuels & Associates and Weiner Ventures to build a $360 million mixed-use project in Boston.
March 5, 2013 - California bill would shield real estate investments from public view
Outlet: Pensions & Investments, London Bureau

California Assemblyman Kevin Mullin, a Democrat, introduced a bill that would shield real estate investments from public records disclosure.
March 5, 2013 - Starwood and Tribeca announce sales launch for Baccarat Hotel & Residences New York
Outlet: Money News

Starwood Capital Group, in partnership with Tribeca Associates, has announced the official start of sales for Baccarat Hotel & Residences New York.
March 5, 2013 - Pacific Marketing Associates and Polaris Group announce merger
Outlet: Business Wire - Canada - Online

Pacific Marketing Associates (PMA) and Polaris Group have now merged to create Polaris Pacific, a West Coast real estate sales and marketing firm. The company will be led by three industry veterans as Principals, Paul Zeger, Chris Foley and Garrett F
March 5, 2013 - Dune Real Estate raises $175 million with latest fund
Outlet: Institutional Real Estate Newsline

New York City-based real estate investment firm Dune Real Estate Partners has raised $175 million for its Dune Real Estate Partners III.
March 4, 2013 - Partnership buys two UTC buildings for $25.6 million
Outlet: San Diego Business Journal - Online

A partnership that includes Greenlaw Partners of Newport Beach and Chicago-based Walton Street Capital LLC has purchased two office buildings at University Towne Center for a total of $25.65 million.
March 4, 2013 - Ballston office tower trades for $175.6 million
Outlet: Washington Business Journal - Online

Piedmont Office Realty Trust has 901 N. Glebe Road, a 12-story tower in Ballston, Wash., for $175.6 million. The seller was an affiliate of Dweck Properties Ltd.
March 4, 2013 - Chicago Public Schools to sell or lease HQ building
Outlet: Crain's Chicago Business

The Chicago Public School District plans to sell or lease its roughly 500,000-square-foot headquarters building in downtown Chicago. It currently occupies about 89 percent of the property.
March 4, 2013 - Clarion Partners completes sale of 100 Spear Street
Outlet: Released

Clarion Partners has completed the sale of 100 Spear Street, located in San Francisco’s central business district, for $100 million.
March 4, 2013 - Bahram Motamedian joins USAA Real Estate Co. as MD
Outlet: Released

USAA Real Estate Co. has hired Bahram Motamedian as managing director (MD) of portfolio management.
March 4, 2013 - Babcock & Brown apartment portfolio sells for $142 million
Outlet: Commercial Real Estate Direct

Variant Commercial Real Estate has purchased a portfolio of 14 apartment properties from Babcock & Brown of Australia. The purchase price was not disclosed, but court documents indicate Variant paid about $142 million
March 4, 2013 - Meadow Partners pays $61 million for Manhattan office building
Outlet: The Real Deal

Meadow Partners has paid $61 million for the 177,000-square-foot office building at 211 East 43rd St. in Manhattan. The property was sold by an affiliate of Eastgate Realty.
March 4, 2013 - Genting Group plans $2 billion Las Vegas hotel-casino complex
Outlet: KLAS TV - Las Vegas

Genting Group plans to develop a $2 billion hotel-casino complex.
March 4, 2013 - Gerding Edlen enters Seattle office market
Outlet: Puget Sound Business Journal - Online

Gerding Edlen has paid $76.6 million for the 300,000-square-foot Horton Building in downtown Seattle.
March 4, 2013 - Clarion selects Newmark Grubb Knight Frank to manage Centennial office properties
Outlet: GlobeSt.com

The NewmarkGrubb Knight Frankproperty management team in Denver has been awarded the exclusive assignment to manage Clarion Partners’ Waterview Corporate Center in Centennial, Colo.
March 4, 2013 - Chicago Park Employees’ pension issues RFPs for infrastructure, risk parity
Outlet: Institutional Real Estate Newsline

The $402 million Chicago Park Employees’ Annuity and Benefit Fund is searching for investment managers to launch two new asset classes.
March 4, 2013 - IPERS invests $150 million in Blackstone debt fund
Outlet: Institutional Real Estate Newsline

The $24.2 billion Iowa Public Employees’ Retirement System (IPERS) has committed $150 million to Blackstone Real Estate Debt Strategies II.
March 4, 2013 - Carlyle to manage $150 million investment fund for Indiana
Outlet: Indianapolis Business Journal - Online

Carlyle Group was awarded a contract to manage a new $150 million investment fund on behalf of the Indiana Public Retirement System.
March 1, 2013 - Ryan Wagner joins multifamily team at Colliers San Francisco
Outlet: Registry - Online, The

Colliers International announces that Ryan Wagner has joined its San Francisco office as vice president of its multifamily investment group.
March 1, 2013 - Bank of China lends $600 million against Sony Building
Outlet: Commercial Real Estate Direct

Bank of China is said to have agreed to provide $600 million of the $900 million of financing for Manhattan's Sony Building, recently purchased by investors led by Chetrit Group.
March 1, 2013 - Retail, hotel property proposed near Savannah, Ga.
Outlet: Atlanta Business Chronicle

Ben Carter Enterprises filed plans Feb. 28 with the state for a $200 million luxury outlet mall near Savannah.
March 1, 2013 - Tampa office buildings fetch $56 million
Outlet: Tampa Bay Business Journal - Online

Highwoods Properties has paid $56 million for Colonial Place I and II.
March 1, 2013 - Verizon plans 220,000-square-foot office building near Orlando, Fla.
Outlet: Orlando Business Journal

Verizon Communications has announced plans for a 220,000-square-foot office property in Lake Mary, Fla.
March 1, 2013 - Kimpton raises $202.8 million for third fund
Outlet: Institutional Real Estate Newsline

Kimpton Group Holding has closed its fourth institutional real estate fund and its third fund within the Kimpton Hospitality Partners series.
March 1, 2013 - Broadstone Real Estate announces four new hires
Outlet: SYS-CON Media

Broadstone Real Estate has announced four recent additions to its staff.
March 1, 2013 - Equity Residential sells 775 units to Bascom
Outlet: GlobeSt.com

Equity Residential of Chicago continues shedding multifamily assets. The firm sold a two-property portfolio consisting of 775 units to Bascom Arizona Ventures for $88.4 million.
February 28, 2013 - Grosvenor Fund Management appoints new COO
Outlet: Released

Grosvenor Fund Management has appointed Bruce Ambler, Jr., COO for its Philadelphia-based U.S. operation.
February 28, 2013 - USAA CEO retires
Outlet: Released

Pat Duncan, CEO of USAA Real Estate Co., has retired as CEO. Len O’Donnell will succeed Duncan as CEO.
February 28, 2013 - Bascom acquires three Arizona apartment complexes for $125.23 million
Outlet: Commercial Real Estate Direct

Affiliates of the Bascom Group of Irvine, Calif., paid $125.23 million for 1,047 apartment units in the Phoenix area.
February 28, 2013 - John Kilroy Sr. retires as company chairman at Kilroy Realty Corp.
Outlet: Optimum Online - Finance

Kilroy Realty Corporation announced the retirement of John B. Kilroy, Sr., as the company’s chairman, effective Feb. 28, 2013. The board of directors has elected John Kilroy, Jr. to replace him.
February 28, 2013 - Paladin holds $75 million first close for Latin America fund
Outlet: Institutional Real Estate Newsline

Paladin Realty Partners has held a $75 million first close for its fourth Latin America fund.
February 28, 2013 - Vornado's CEO to step down
Outlet: Quote.com Australia

Vornado Realty Trust has announced that its CEO, Michael Fascitelli, will step down from his post effective April 15, 2013. Steven Roth has been appointed as his replacement.
February 28, 2013 - Hines acquires Archstone's interest in CityCenterDC project
Outlet: Markets.financialcontent.com

The Washington D.C. office of Hines has announced the acquisition of the ownership interest of their partner, Archstone, in the mixed-use CityCenterDC project that is currently under construction in downtown Washington, D.C.
February 28, 2013 - Vornado pays $95.7 million for Los Angeles-area office
Outlet: Commercial Real Estate Direct

Vornado Capital Partners has paid $95.7 million for a 243,000-square-foot office building in Culver City, Calif.
February 28, 2013 - Harrison Street pays $380 million for senior housing portfolio
Outlet: Released

Harrison Street Real Estate Capital has purchased seven class A senior housing properties located throughout Nassau and Suffolk counties (Long Island), N.Y.
February 28, 2013 - Block-long 980 Madison hits the market
Outlet: Crain's New York Business - Online

RFR Realty has put 980 Madison Avenue, a low-rise commercial building that it owns on the Upper East Side, on the market.
February 28, 2013 - AEW holds first close for opportunistic fund
Outlet: Institutional Real Estate Newsline

AEW Capital Management has held an $89.2 million first close for its opportunistic real estate fund AEW Partners VII.
February 27, 2013 - Caisse unit plans to sell most of C$2.3 billion hotel assets
Outlet: Bloomberg News - Online

Caisse de Depot et Placement du Quebec plans to sell most of its hotels after the properties failed to produce adequate returns, and will redeploy proceeds in shopping malls, office towers and residential buildings.
February 27, 2013 - Equity Residential announces closing of $9 billion Archstone acquisition
Outlet: Canadian Interiors - Online

Equity Residential and AvalonBay Communities have completed their previously announced acquisition of the assets and liabilities of Archstone Enterprise.
February 27, 2013 - Clarion Partners acquires office building in Washington D.C.
Outlet: Released

Clarion Partners has acquired The Portrait Building, an eight- story, 134,240-square-foot, class A office building in Washington’s East End office submarket, for $98.5 million.
February 27, 2013 - Parallel Capital Partners hires former new vice president of leasing
Outlet: CoStar Group

Peter Lloyd has joined Parallel Capital Partners as vice president of leasing. Prior to joining Parallel Capital Partners, Lloyd spent 15 years with the San Diego office of RREEF Real Estate, where he was the director of office and industrial managem
February 27, 2013 - CBRE Global Investors-sponsored fund to market U.S. office portfolio
CBRE Global Investors has begun marketing for sale a portfolio of five high-quality office properties located in Atlanta, Chicago and Dallas.
February 27, 2013 - Brickman JV buys Yeshiva office buildings
Outlet: GlobeSt.com

A joint venture of Brickman Associates and DivcoWest has acquired two buildings on West 25th Street in New York City from Yeshiva University for $115 million.
February 27, 2013 - Potlatch names Eric Cremers president and COO
Outlet: StreetInsider.com

Potlatch Corp. has named Eric Cremers president and COO.
February 27, 2013 - Caisse de Depot posts 9.6 precent return on real estate gains
Outlet: Bloomberg News - Online

Caisse de Depot et Placement du Quebec posted a 9.6 percent investment return last year, led by gains in real estate and equities.
February 27, 2013 - CBRE Global Investors-sponsored fund to market U.S. office portfolio
Outlet: Released

CBRE Global Investors has begun marketing for sale a portfolio of five high-quality office properties located in Dallas, Atlanta and Chicago’s CBD.
February 27, 2013 - TPG buys Assisted Living Concepts for $278 million
Outlet: Released

TPG is buying Assisted Living Concepts, a Wisconsin-based operator of housing for senior citizens. The transaction values at about $278 million.
February 27, 2013 - Home prices rise in 88 percent of U.S. cities as recovery gains
Outlet: Originator Times

Prices for single-family homes climbed in almost 88 percent of U.S. cities in the fourth quarter as the housing recovery broadened, according to the National Association of Realtors.
February 26, 2013 - Starwood Capital closes transaction to acquire Principal Hayley Group
Outlet: PR Newswire

Starwood Capital Group has acquired Principal Hayley Group, a business, conference and events hotel group.
February 26, 2013 - Westfield sells half stake in Stratford City
Outlet: City AM - Online

Westfield Group is selling a stake in its Stratford City development in London to Dutch and Canadian pension funds for £871.5 million.
February 26, 2013 - AHT completes $200 million refinancing of The Capital Hilton and Hilton Torrey Pines
Outlet: San Antonio Business Journal - Online

Ashford Hospitality Trust (NYSE: AHT) has successfully refinanced its sole remaining 2013 debt maturity, which was set to mature in August.
February 26, 2013 - Grosvenor buys Bothell apartment complex for $88 million
Outlet: Puget Sound Business Journal - Online

Grosvenor Americas has purchased Archstone Northcreek, a 524-unit apartment complex in Bothell, sold last week for $88 million.
February 26, 2013 - CBRE gets $1 billion in financing for Greystar, Goldman portfolio buy
Outlet: Commercial Property Executive - Online

CBRE Capital Markets’ Debt & Equity Finance group has announced it has provide more than $1 billion to finance the acquisition Greystar Real Estate Partners and Goldman, Sachs & Co.made earlier this year, the 8,010-unit multifamily portfolio from Equity Residential for $1.5 billion.
February 26, 2013 - Morgan Properties and Dune acquire Maryland apartment community
Outlet: Business Wire - Canada - Online

Morgan Properties and its equity partner, Dune Real Estate Partners, have formed a joint venture to acquire Chesapeake Glen, a 796-unit multifamily apartment community located in Glen Burnie, Md., from Equity Residential.
February 26, 2013 - Ohio Bureau invests $50 million to Latitude fund
Outlet: Institutional Real Estate Newsline

The Ohio Bureau of Workers’ Compensation has invested $50 million to Latitude Management Real Estate Capital III.
February 26, 2013 - Sabal names new business development manager for CBRE Bridge Lending program
Outlet: Marketwire - Online

Sabal Financial Group has named Alina Mardesich as business development manager for Sabal's recently launched Commercial Real Estate (CRE) Bridge Lending program.
February 25, 2013 - U.S. banks targeting Europe commercial property
Outlet: American Banker

U.S. banks are looking to capitalize on a dearth of financing for Europe's commercial property market that's driven lending margins to five times the level prior to the 2008 crisis.
February 25, 2013 - Lowe Enterprises names Leonard senior vice president
Outlet: Released

Lowe Enterprises Investors has promoted Cara Leonard to senior vice president.
February 25, 2013 - Robert Sammons to head research for NGKF
Outlet: TradersHuddle.com

Robert Sammons has joined Newmark Grubb Knight Frank (NGKF) at its New York City headquarters as head of research for the New York Tri-State region.
February 25, 2013 - Stanley Shashoua named senior vice president at SPG
Outlet: iStockAnalyst

Simon Property Group (SPG) has appointed Stanley Shashoua as its senior vice president of international development.
February 25, 2013 - $122 million deal with SL Green violated exclusive agreement, suit alleges
Outlet: Real Deal - Online, The

Thor Equities has sued the owner of a Soho mixed-use building, alleging that by selling the building to SL Green Realty, the owner violated an exclusive agreement with Thor.
February 25, 2013 - RREEF selling 25 buildings in Santa Clara
Outlet: Silicon Valley/San Jose Business Journal - Online

Rreef Real Estate is selling two Santa Clara business parks containing 25 buildings and totaling 892,500 square feet of space.
February 24, 2013 - Los Angeles/Orange County ranked No. 8 as key industry hub for life sciences
Outlet: Rentv.com

Jones Lang LaSalle's annual 2012 Life Sciences Cluster Report chronicles a shift in a ranking of industry clusters-areas in which life sciences intellectual capital, funding and facilities are concentrated. Cities that are rising in influence offer a workforce, academic community and public sector focused on R&D productivity and areas of opportunity within the sector, such as biologic biosimilar drug research and production.
February 24, 2013 - DivcoWest and Brickman make Manhattan office acquisitions
Outlet: Business Wire

DivcoWest have acquired three office buildings located in New York City’s Midtown South submarket: 24-28 West 25th Street and 40 West 25th Street.
February 24, 2013 - Online shopping and fashion retailers drive global logistics demand, finds CBRE survey
Outlet: BusinessIntelligence-Middle East (BI-ME)

Tokyo is the world’s most expensive prime logistics market as multichannel retailers seeking new facilities and requiring larger spaces drive demand in the world’s leading cities, according to new research from global property advisor CBRE Group.
February 24, 2013 - Top ten most expensive global office rents
Outlet: Chinaretailnews.com/

Hong Kong's Central Business District ranks second to London's West End as the world's most expensive office market, according to research published by real estate firm Cushman & Wakefield.
February 24, 2013 - CBRE adds Curtis Palmer to MHCA
Outlet: CoStar Group

A team of seven multifamily investment sales specialists led by Curtis Palmer, including Peter Sherman, Herb Chase and Ted Fentin, have joined CBRE from Multi Housing Capital Advisors (MHCA), an independent successor entity to Transwestern Multi-Hous
February 24, 2013 - Primaris REIT pays $377 million for portfolio of shopping centers in Alberta
Outlet: Yahoo! Canada

Primaris Retail REIT has purchased a portfolio of shopping centers in Edmonton and Medicine Hat, Alberta, for $377 million.
February 22, 2013 - Thor Equities aims to complete $500 million sale
Outlet: AustraliaNews.net

Thor Equities has plans to sell an 11-story SoHo office building on 30-536 Broadway in New York City for $500 million.
February 22, 2013 - Illinois Teachers' Retirement System hires two advisers for real estate portfolio
Outlet: Institutional Real Estate Newsline

The $38.1 billion Illinois Teachers' Retirement System (TRS) has hired ORG Portfolio Management and Real Asset Portfolio Management as advisers.
February 22, 2013 - Simon Property Group promotes Egenderg to vice president of business development
Outlet: New England Real Estate Journal - Online

Simon Property Group Inc. has promoted Stuart Egenberg to vice president of business development for the New England region.
February 21, 2013 - Beacon Investment Properties to buy tallest building in Minnesota
Outlet: South Florida Business Journal

Beacon Investment Properties has a contract to purchase the IDS Center in downtown Minneapolis for about $255 million.
February 21, 2013 - Welsh Property Trust buys industrial portfolio for $99.5 million
Outlet: Business First of Columbus - Online

KTR Capital Partners sold an industrial property portfolio of five buildings to Welsh Property Trust for a total $99.5 million, according to broker Jones Lang LaSalle Americas.
February 20, 2013 - Essex acquires San Francisco apartment community
Outlet: Marketwire - Online

Essex Property Trust has purchased Fox Plaza, a 444-unit property located in San Francisco , for $135 million.
February 20, 2013 - Rockpoint, Highgate to sell Times Square hotel for $650 million
Outlet: The Real Deal

A venture of Rockpoint Group and Highgate Hotels is selling the Milford Plaza Hotel in Manhattan in three separate pieces.
February 20, 2013 - Orlando’s Municipal Planning Board approves downtown Central Station project
Outlet: Orlando Business Journal - Online

Orlando, Fla.'s Municipal Planning Board has approved the $200 million plan for the Central Station mixed-use project in downtown Orlando, Fla.
February 20, 2013 - Bascom raises $11.5 million for second fund
Outlet: Institutional Real Estate Newsline

The Bascom Group has raised $11.5 million for its Bascom Value Added Apartment Investors II, according to a filing with the Securities and Exchange Commission.
February 20, 2013 - H/2 Capital raises $475 million for core real estate debt fund
Outlet: Institutional Real Estate Newsline

Stamford, Conn.–based H/2 Capital Partners has raised $475 million for its H/2 Core Real Estate Debt Fund, according to a filing with the Securities and Exchange Commission.
February 20, 2013 - Harrison Street Real Estate Capital promotes Geoff Regnery
Harrison Street Real Estate Capital has promoted Geoff Regnery to the title of principal.
February 20, 2013 - LaSalle anounces appointment to global COO role
Outlet: Released

LaSalle Investment Management has announced that their global COO of 31 years will be retiring at the end of 2013, to be replaced by industry veteran Elisabeth Stheeman.
February 20, 2013 - SFERS makes two separate real estate commitments
Outlet: Institutional Real Estate Newsline

The $55.5 billion Virginia Retirement System (VRS) has approved a $50 million commitment to Fortress Japan Opportunity Fund II.
February 20, 2013 - VRS invests $50 million in Japan-focused fund
Outlet: Institutional Real Estate Newsline

The $55.5 billion Virginia Retirement System (VRS) has approved a $50 million commitment to Fortress Japan Opportunity Fund II (FJOF II), a $1.65 billion distress-focused fund managed by Fortress Group.
February 19, 2013 - CBRE's Columbus office hires new director of asset services
Outlet: Minnesota Real Estate Journal - Online

Lorraine Stelzer has joined the Columbus office of CBRE as director of asset services.
February 19, 2013 - Allied Properties spends $110 million to buy Calgary office property
Outlet: Yahoo! Canada

Allied Properties REIT has expanded its portfolio in Calgary by purchasing an office property for $110 million.
February 19, 2013 - Crombie REIT acquires retail properties in western Canada
Outlet: TradersHuddle.com

Crombie Real Estate Investment Trust announced it will acquire four retail properties located in Alberta, Canada for $132 million. The deal is expected to close by the end of the month.
February 19, 2013 - Alexandria's Carlyle Center sells for $78 million
Outlet: Washington Business Journal

A partnership between Artemis Real Estate Partners and American Real Estate Partners bought the Carlyle Center office building in Alexandria for $78 million.
February 19, 2013 - Steve Fifield proposes 1.4 million-square-foot office development
Outlet: Crain's Chicago Business - Online

Steve Fifield has proposed developing up to 1.4 million square feet of office space at 601 and 625 West Monroe St. in Chicago.
February 19, 2013 - CBRE Global Investors-sponsored fund to market U.S. office portfolio
CBRE Global Investors has begun marketing for sale a portfolio of high-quality office properties located in several strong growth markets across the United States. The properties are owned by a fund in the CBRE Strategic Partners U.S. fund series.
February 19, 2013 - Samuels & Associates pitches new project near Fenway Park
Outlet: Boston Business Journal

A Hub developer who has invested more than $1 billion in the Fenway neighborhood, has proposed a 22-story apartment tower to be built on a triangular parcel at the corner of Brookline Avenue and Boylston Street.
February 19, 2013 - Manhattan's 425 Lex., 499 Park could fetch as much as $1 billion
Outlet: New York Post

Two office buildings with about 1 million square feet in Manhattan that are being offered for sale by an affiliate of Hines could fetch as much as $1 billion.
February 19, 2013 - Beneficial Holdings Subsidiary names president And CFO
Outlet: WPVI-TV - Online (press release)

Beneficial Holdings Project Solutions has appointed two new hires.
February 19, 2013 - Carey Watermark Investors acquires five-property Hilton Worldwide Branded portfolio
Outlet: Marketwire - Online

Carey Watermark Investors has five focused-service hotels within the Hilton Worldwide portfolio of brands from entities managed by Fairwood Capital.
February 18, 2013 - China Vanke Co. chooses Tishman to be its first North American partner
Outlet: Released

Tishman Speyer and China Vanke Co. have formed a joint venture to develop a premier high-rise residential condominium project at 201 Folsom Street in San Francisco.
February 18, 2013 - SL Green announces $900 million refinancing of 1515 Broadway
Outlet: Business Wire

SL Green Realty Corp. has closed on a $900 million first mortgage refinancing of 1515 Broadway, located in New York City.
February 15, 2013 - Canada Penson Plan returns boosted by equity gains
Outlet: Thomson Reuters - Canada - Online

The Canada Pension Plan Investment Board has reported it ended its fiscal third quarter with net assets of C$172.6 billion, up from C$170.1 billion at the end of the previous quarter. The investments have focused largely on real estate, natural resources and infrastructure.
February 15, 2013 - CarVal Investors contributes assets to Canadian REIT IPO
Outlet: Released

CarVal Investors has finalized the contribution of U.S. and Canadian commercial real estate assets to Canadian REIT initial public offering, Agellan Commercial Real Estate Trust, on behalf of our funds under management.
February 15, 2013 - Prologis pens deal with BMW
Outlet: Zacks.com

Prologis has linked two build-to-suit deals with BMW of North America, a subsidiary of Bayerische Motoren Werke Aktiengesellschaft, for constructing facilities spanning 609,000 square feet.
February 14, 2013 - CBRE promotes Bryce Terveen to first VP
Outlet: AZRE: Arizona Commercial Real Estate - Online

The Phoenix office of CBRE promoted Bryce Terveen to the position of first vice president.
February 14, 2013 - Hines adds Mercedes-Benz Bank Building to holdings
Outlet: GlobeSt.com

The Mercedes-Benz Bank Building has been added to Hines Global REIT's portfolio. Hines bought the property from DDE 24 $69.8 million.
February 14, 2013 - Urdstadt Briddle announces new aquisitions
Outlet: Released

Urstadt Biddle Properties has hired Zach Fox to the position of acquisitions manager.
February 14, 2013 - Alan Van Noord, PSERS CIO, to retire
Outlet: Released

The $49 billion Pennsylvania Public School Employees’ Retirement System has announced the retirement of Alan Van Noord, CIO.
February 14, 2013 - sbe, Stockbridge and Daniels Real Estate announce development plans for the SLS Hotel Seattle
Outlet: Business Wire - Canada - Online

sbe, an industry-leading hospitality, lifestyle and real estate development company, Stockbridge Capital Group and Daniels Real Estate have announced the $400 million development plans for SLS Hotel Seattle.
February 14, 2013 - Rubenstein acquires 500,000 SF Boston office portfolio
Outlet: Commercial Property Executive - Online

Rubenstein Partners purchased CenterPoint, a 500,000-square-foot office park in Waltham, Mass., for $68 million.
February 14, 2013 - Bristal Holdings completes $318 million sale of five NYC properties
Outlet: Released

Bristal Holdings, a company jointly owned by Chartwell Retirement Residences and Ingenia Communities Group, has sold a portfolio of five senior living communities comprising 768 assisted living suites, located in New York state.
February 14, 2013 - Invesco purchases 1.4-million-sqaure-foot industrial portfolio
Outlet: Real Points

Bentall Kenedy and Trammell Crow Co. have sold three industrial buildings totaling 1.4 million square feet to Invesco Real Estate. Financial terms weren’t disclosed.
February 13, 2013 - Dexus Property Group completes U.S. industrial portfolio sale
Outlet: Released

Dexus Property Group has announced the settlement of the sale of 25 U.S. industrial properties.
February 13, 2013 - Silicon Valley commercial real estate market will continue to sizzle, report says.
Outlet: Contra Costa Times - Online

Silicon Valley's office and research leasing and development sectors this year look more robust than in 2012, according to a report by Colliers International.
February 13, 2013 - HFF sells N.J. multifamily, industrial property portfolio for $75 million
Outlet: NJBiz - Online

HFF has sold a 128-unit multifamily property in Hoboken to AEW Capital Management in Boston, for $67 million.
February 13, 2013 - Everett joins Marcus & Millichap
Outlet: CoStar Group

C. Todd Everett has joined Marcus & Millichap Real Estate Investment Services as a senior associate in the Fort Lauderdale office.
February 13, 2013 - Solyndra facility in Fremont trades for $90.2 million
Outlet: CoStar Group

Solyndra has completed the trade of its 411,618-square-foot industrial building in Fremont, Calif., to Seagate Technology for $90.2 million.
February 13, 2013 - UDR names Jerry David COO
Outlet: Business Wire - Canada - Online

UDR has named Jerry Davis COO. Previously, he was senior vice president of operations.
February 13, 2013 - NBC buys its 30 rock floors in $1.4 bilion trade
Outlet: CNBC - Online

NBCUniversal, the parent company of CNBC and CNBC.com, will purchase the properties it uses at 30 Rockefeller Plaza in New York and CNBC's headquarters in Englewood Cliffs, N.J., for about $1.4 billion.
February 13, 2013 - Blackstone sees REITs owning much of its U.S. real estate
Outlet: Yahoo! News

Much of Blackstone Group's U.S. real estate holdings may be bought by, or turned into, real estate investment trusts over the next couple of years, the head of the private equity group's global real estate division said on Wednesday.
February 13, 2013 - OCERS transfers global REIT portfolio from LaSalle to BlackRock
Outlet: Institutional Real Estate Newsline

The $7 billion Orange County Employees Retirement System (OCERS) has approved to reallocate its $104.3 million global real estate investment trust portfolio from the LaSalle Global REIT Program.
February 13, 2013 - APFC seeks real estate investment analyst
Outlet: Institutional Real Estate Newsline

The $44.8 billion Alaska Permanent Fund Corp. (APFC) is searching for a real estate investment analyst.
February 13, 2013 - CalSTRS rehires Townsend Group as real estate consultant
Outlet: Institutional Real Estate Newsline

The $157.8 billion California State Teachers’ Retirement System (CalSTRS) has rehired The Townsend Group as its real estate consultant.
February 13, 2013 - Cushman and Wakefield hire new president for New York tri-state area
Outlet: Real Deal - Online, The

Cushman & Wakefield has hired Ronald Lo Russo, the former vice president of leasing at Vornado Realty Trust, as its new president for the New York tri-state area.
February 13, 2013 - Boston Properties acquires in-development high-rise in San Francisco
Outlet: Commercial Property Executive - Online

Boston Properties has purchased 535 Mission Street located in South Financial, San Francisco, and has plans to revive the development process halted back in 2008.
February 13, 2013 - Summit closes acquisition of San Francisco hotel
Outlet: Stockhouse Publishing Ltd.

Summit Hotel Properties has closed on the joint venture transaction for the acquisition of a 252-room Holiday Inn Express property located on Fisherman's Wharf in San Francisco.
February 12, 2013 - W.P. Carey & Co. pays $73.3 million for Kraft HQ
Outlet: Crain's Chicago Business

W.P. Carey & Co. has paid $72.3 million for the Kraft Foods Group headquarters complex in Northbrook, Ill.
February 12, 2013 - Inland American pays $94.7 million for shopping centers
Outlet: Commercial Real Estate Direct

Inland American Real Estate Trust has paid $94.7 million for two shopping centers in Oklahoma and Texas.
February 12, 2013 - Manhattan development site sells for $172 million
Outlet: Commercial Real Estate Direct

A venture led by JDS Development Group has paid $172.1 million for land at 616 First Ave. in Manhattan.
February 12, 2013 - Invesco purchases apartment portfolio in New York for $170 million
Outlet: GlobeSt.com

Dallas-based Invesco Real Estate has purchased 162 apartments on the top 10 floors of the New York-city mixed-use property, Mercedes House. Two Trees Management Co. sold the property for $170 million. The deal was first reported last fall, and closed
February 12, 2013 - Cousins Properties purchases office complex for more than $200 million
Outlet: RealEstateBusinessOnline

Atlanta-based Cousins Properties Inc. has purchased a Class A office complex in Post Oak Central, located in Houston's Galleria submarket, for $232.6 million.
February 12, 2013 - RioCan REIT to purchase two Toronto shopping malls for $362 million
Outlet: Commercial Property Executive - Online

RioCan Real Estate Investment Trust has entered into a conditional agreement with Primaris Retail REIT to acquire two regional shopping malls in the Greater Toronto Area for a combined gross purchase price of approximately $362 million.
February 12, 2013 - Lehman to sell tower for more than $800 million
Outlet: Commercial Observer

Lehman Brothers Holdings has agreed to sell the Manhattan office tower at 237 Park Ave. to a venture of RXR Realty LLC and Walton Street Capital.
February 12, 2013 - REITs start off 2013 with positive returns
Outlet: Institutional Real Estate Newsline

All Equity REITs started off 2013 with positive returns, recording a 3.66 percent total in January, according to the FTSE NAREIT All Equity Index.
February 12, 2013 - Charles River holds final close for Boston-focused property fund
Outlet: Institutional Real Estate Newsline

Charles River Realty Investors has held a $250 million final close for its second fund.
February 11, 2013 - Brookfield pays $414 million for apartment portfolio
Outlet: Marketwire

Brookfield Asset Management has acquired a portfolio of 19 apartment communities with 4,892 units located in North Carolina, South Carolina and Virginia for a total of $414 million from Babcock & Brown Residential.
February 11, 2013 - Developers break ground on $100 million apartments in downtown Columbia
Outlet: Baltimore Sun - Online

Developers and county officials broke ground Monday, Feb. 11, on a $100 million apartment complex to be built next to the Columbia mall.
February 11, 2013 - Williams to step down from DiamondRock
Outlet: Hotel Business - Online

John Williams, president and COO of DiamondRock Hospitality Co., will step down from his post this spring, retiring from the company effective May 1.
February 10, 2013 - TIAA-CREF and NBIM announce $1.2 billion real estate JV
Outlet: Business Wire

TIAA-CREF has formed a $1.2 billion joint venture with Norges Bank Investment Management (NBIM), manager of the Norwegian Government Pension Fund Global, to invest in high-quality office properties in Boston, New York and Washington.
February 8, 2013 - Canada puts London embassy up for sale
Outlet: Globe and Mail - Online, The

The Canadian High Commission offices and residence in central London has been placed on the market as the federal government seeks to cash in on the city’s surging real estate market.
February 8, 2013 - CBRE represents the largest Chilean transaction
Outlet: GlobeSt.com

CBRE Capital Markets has closed a major cross-border commercial property trade of a 600,000-square-foot office portfolio in Santiago, Chile, on behalf of Union Investment Real Estate.
February 8, 2013 - Brooklyn, N.Y., hospital offered for sale
Outlet: Crain's New York Business - Online

SUNY Downstate is offering for sale its 200,000-square-foot Long Island College Hospital Complex in Brooklyn, N.Y.
February 8, 2013 - TMRS searches for new real estate manager
Outlet: Institutional Real Estate Newsline

The $20.1 billion Texas Municipal Retirement System (TMRS) plans to search for a new real estate manager.
February 8, 2013 - Union Investment to ramp up in Americas
Outlet: PropertyEU - Online

Hamburg-based Union Investment has told PropertyEU that it intends to use its €330 million acquisition of an office tower in San Francisco last June to re-start an acquisition program in the Americas.
February 8, 2013 - MG Properties Group announces $95 million acquisition
Outlet: PR Newswire - Online

MG Properties Group has announced the acquisition of Terracina, a 736-unit multifamily property in Ontario, California, for $95 million.
February 8, 2013 - Pension Fund commitments to real estate Increased 29 percent
Outlet: Commercial Real Estate Direct

Pension funds in the United States last year increased their equity commitments to real estate investments by 29 percent to $31 billion, and the number of commitments rose by roughly 50 percent to slightly more than 300, according to FPL Associates Consulting.
February 8, 2013 - Cobalt Capital Partners selling 15 distribution properties
Outlet: Commercial Real Estate Direct

Cobalt Capital Partners is offering for sale a portfolio of 15 distribution properties.
February 8, 2013 - Cousins Properties expands in Texas and affirms commitment to Atlanta
Outlet: Webnewswire.com/

Cousins Properties Incorporated has completed the Post Oak Central transaction and formed a 50/50 joint venture.
February 7, 2013 - Miami Hotel getting $100 million upgrade
Outlet: GlobeSt.com

A group of investors that include Starwood Capital Group, is investing more than $100 million to turn the former Gansevoort South Hotel in Miami Beach into the 1 Hotel & Residences South Beach. The hotel will close at some point in the future so t
February 7, 2013 - CalSTRS falls below benchmark in 2012
Outlet: Pensions&Investments – Online

CalSTRS' total portfolio returned 13.45 percent for calendar year 2012, below its custom benchmark of 15.35 percent, according to fund documents presented to the retirement system's investment committee Thursday.
February 7, 2013 - Stockbridge names two new vice presidents, asset managers
Outlet: Institutional Real Estate Newsline

Real estate investment firm Stockbridge Capital Group has made two new hires.
February 7, 2013 - New York Common Fund invests $200 million in Europe
Outlet: Institutional Real Estate Newsline

The $150.1 billion New York State Common Retirement Fund has committed $200 million to AREA European Property Enhancement Program.
February 7, 2013 - NYSTRS commits $125 million to real estate
Outlet: Institutional Real Estate Newsline

The $88.1 billion New York Teachers’ Retirement System (NYSTRS) has invested $125 million in two separate commitments.
February 7, 2013 - Commercial real estate returns increase, fund investments decline in fourth quarter
Outlet: Institutional Real Estate Newsline

Institutional real estate investment returns recorded a small increase in the fourth quarter over the previous quarter, according to the NCREIF Property Index. And the NCREIF Open-end Diversified Core Index, came in slightly below its returns in third quarter 2012 and fourth quarter 2011.
February 7, 2013 - Mesa West Capitals coordinates $95.5 million in funding for D.C. office property
Outlet: National Real Estate Investor - Online

Mesa West Capital, based in Los Angeles, Calif. with an office in New York, has provided Brookfield Real Estate Opportunity Fund I with a $95.5 million first mortgage loan on 64 New York Ave. NE, a 355,000-sq.-ft. office property in Washington, D.C.
February 7, 2013 - Jones Lang LaSalle increases revenue by 12 percent in 2012
Outlet: PropertyEU - Online

Jones Lang LaSalle has reported record revenue of $3.9 billion in 2012, a 12 percent increase from 2012.
February 7, 2013 - CMBS Delinquencies reach 11-month Low
Outlet: REIT.com

CMBS delinquencies continued to drop and fell in January to their lowest level in close to a year, according to data from commercial real estate consulting firm Trepp LLC.
February 7, 2013 - Avanti Strategic Land Investors VII closes at $137 million
Outlet: Institutional Real Estate Newsline

Avanti Investment Advisors held a $137 million final close for it seventh fund.
February 7, 2013 - Boston Properties announces acquisition of 535 Mission Street in San Francisco
Outlet: Press Release

Boston Properties has completed the acquisition of 535 Mission Street, a development site, in San Francisco, for an aggregate purchase price of approximately $71.0 million cash.
February 7, 2013 - Blackstone takes UBS stake in retail portfolio
Outlet: GlobeSt.com

Blackstone Group is acquiring a stake in 40 US shopping centers from UBS AG in a deal valued at $1.1 billion.
February 7, 2013 - Colonial Properties Trust sells Metropolitan Midtown for $94.4 million
Outlet: RTTNews.com

Colonial Properties Trust has announced the sale of Metropolitan Midtown, a mixed-use project located in Charlotte, North Carolina, for $94.4 million in cash.
February 6, 2013 - RREEF sells U.K. funds to BlackRock
Outlet: CIJJournal.com

BlackRock has completed an agreement with Deutsche Bank to purchase U.K. property funds it runs through RREEF's real estate affiliate.
February 6, 2013 - Blackstone, two others to buy Indian business park for $367 million
Outlet: Reuters

The Blackstone Group , along with two other companies, have agreed to buy a business park on the outskirts of Bangalore, India, for 19.5 billion rupees ($367 million), two sources with direct knowledge told Reuters.
February 6, 2013 - Cobalt puts Dallas industrial portfolio on market
Outlet: Big News Network

Cobalt Capital Partners, a private equity firm, placed a portfolio of 15 shallow-bay distribution properties totaling 1.65 million square feet located in Dallas' infill submarkets on the market through Holliday Fenoglio Fowler.
February 6, 2013 - Louisiana School Employees commits $20 million to Easterly Partners
Outlet: Pensions&Investments – Online

Louisiana School Employees' Retirement System, Baton Rouge, committed $20 million to Easterly Partners Government Properties Fund II, confirmed George W. Meyer III, chief investment officer.
February 6, 2013 - Real Estate Capital Partners closes Metropolitan Opportunity Fund III
Outlet: Institutional Real Estate Newsline

Real Estate Capital Partners (RECAP) has held a $120 million final close for its Metropolitan Opportunity Fund III.
February 6, 2013 - Brandywine and Campus Crest Partner to build student housing in University City, Philadelphia
Outlet: Business Wire - Online

Brandywine Realty Trust, Campus Crest Communities, and Harrison Street Real Estate Capital have announced a joint venture partnership to develop a 33-story, 850-bed student housing tower at Brandywine’s Cira South development in University City, Philadelphia.
February 5, 2013 - Western National acquires SoCal multifamily for $100.9 million
Outlet: National Real Estate Investor - Online

Western National Realty Advisors, an affiliate of Western National Group, has acquired Ironwood and Fairway Palms, a 496-unit apartment community in Rancho Cucamonga, Calif., for $100.875 million.
February 5, 2013 - Praedium Group, Ocean West sell multifamily portfolio
Outlet: GlobeSt.com

The Praedium Group and Ocean West Capital Partners has sold the Westbay Portfolio.
February 5, 2013 - Rivals groups reach compromise on Primaris, to carve up property portfolio
Outlet: Dawson Creek Daily News - Online

Some of the Primaris properties will be bought by the KingSett Capital consortium but H&R Real Estate Investment Trust will end up owning Primaris and the rest of its portfolio.
February 5, 2013 - Rhode Island ERS issues RFI for infrastructure managers
Outlet: Institutional Real Estate Newsline

The $7.5 billion Employees’ Retirement System of Rhode Island (ERSRI) has issued an RFI to evaluate investment management firms.
February 5, 2013 - NYSTRS appoints new managing director of real estate
Outlet: Institutional Real Estate Newsline

The $90.9 billion New York State Teachers’ Retirement System (NYSTRS) has appointed David Gillan managing director of real estate.
February 5, 2013 - Union Investment sells office portfolio in Chile
Outlet: PropertyEU - Online

German fund manager Union Investment Real Estate has completed the first ever sale of a single-owner office portfolio in Chile for $225 million (€166 million). The buyer was local property fund Aurus Renta Immobiliaria. CBRE advised Union Investment
February 5, 2013 - Fir Tree Partners Names Zain Koita as director in the real estate team
Outlet: Press Release

Fir Tree Partners has announced appointment of Zain Koitaas director in the firm’s private real estate group.
February 5, 2013 - Canada's H&R sweetens Primaris bid as KingSett consortium joins fray
Outlet: Yahoo! Canada

H&R Real Estate Investment Trust has amended and sweetened its offer for Primaris Retail REIT, after the KingSett Capital-led consortium opted to withdraw its rival bid and participate in the H&R bid.
February 4, 2013 - Steven Barre Joins McCraney Property Co.
Outlet: Yahoo! Finance

McCraney Property Co. has appointed Steven Barre as managing director. His responsibilities include overseeing all divisions from an operations standpoint, including portfolio management, property management and leasing.
February 4, 2013 - Dundee International REIT to acquire office properties in Germany for $568 million
Outlet: Financial Post - Online

Dundee International REIT is buying a 1.5-million-square-foot portfolio of office properties in Germany for $568 million.
February 4, 2013 - NMERB commits $50 million to real estate fund
Outlet: Institutional Real Estate Newsline

The $8.5 billion New Mexico Educational Retirement Board (NMERB) has committed $50 million to a core-plus/value-added real estate fund.
February 4, 2013 - Texas Teachers makes $15 million real estate commitment
Outlet: Institutional Real Estate Newsline

The Teacher Retirement System of Texas has allocated $15 million to a real estate fund.
February 4, 2013 - Colorado PERA names new real estate chief
Outlet: Pensions&Investments – Online

C.H. Meili was named director of real estate investments at the $40 billion Colorado Public Employees' Retirement Association. The announcement can be viewed on the pension fund's homepage.
February 4, 2013 - Deutsche Bank revamps RREEF team
Outlet: GlobeSt.com

Deutsche Bank’s recently formed Deutsche Asset & Wealth Management arm on Monday unveiled a revamped for its RREEF Alternatives business.
February 4, 2013 - Bright spots in Latin America despite global economic uncertainty
Outlet: Individual.com

There are bright spots as Latin American and Caribbean economies begin the year but the uncertain health of the U.S. economy, the lingering financial crisis in Europe and more sluggish growth in China are casting shadows over the region.
February 4, 2013 - L.A. industrial strongest in United States
Outlet: GlobeSt.com

Industrial is the darling among real estate classes in the greater Los Angeles region, according to speakers at the recent Annual Real Estate Market Review and Forecast event held Downtown and presented by the AIR Commercial Real Estate Association.
February 4, 2013 - Blackstone’s LogiCor completes €250 million Polish logistics deal
Outlet: Property Week - Online

Blackstone’s European logistics business LogiCor has completed the purchase of two portfolios of logistics properties in Poland from U.S. industrial company, Panattoni Europe Polish Logistics Assets.
February 2, 2013 - Metropolitan sells for $94.5 million
Outlet: PredictWallStreet.com

The Metropolitan, a mixed-used project near uptown along the Little Sugar Creek Greenway, Charlotte, S.C., for about $94.5 million to institutional investors.
February 1, 2013 - Jamestown Properties purchases New Media & Arts Center for $295 million
Outlet: CoStar Group

Jamestown Properties has purchased the New Media & Arts Center in Manhattan from Stellar Management and Rockpoint Group LLC for $295 million.
February 1, 2013 - Flatotel Hotel sold for $180 million
Outlet: Crain's New York Business - Online

The Flatotel, a 46-story hotel on West 52nd Street, located in New York City, has been sold for $180 million. A partnership between investors Joseph Chetrit and David Bistricer has acquired the building from a venture between the Rockpoint Group, Atlas Capital Group and Procaccianti Group.
February 1, 2013 - Brandywine to sell Princeton Pike Corporate Center for $121 million
Outlet: National Real Estate Investor - Online

Brandywine Realty Trust entered into a definitive agreement to sell Princeton Pike Corporate Center, an eight-building, 800,546-square-foot office park in Lawrenceville, N.J., for $121 million.
February 1, 2013 - Artemis announces first acquisition in San Bernardino, Calif.
Outlet: Individual.com

Artemis Real Estate Partners has acquired through a joint venture with CT Realty Investors a 225,000-square-foot, 100 percent leased industrial building in San Bernardino, Calif.
February 1, 2013 - Investor confidence in hotel sector increases
Outlet: Institutional Real Estate Newsline

Despite the uncertainties of the global economy in 2012, investors have more confidence in the hotel sector this year, according to a survey in the Ernst & Young 2013 Global Hospitality Report.
February 1, 2013 - LaSalle raises $283.3 million for value-added fund
Outlet: Institutional Real Estate Newsline

LaSalle raises $283.3 million for value-added fund.
February 1, 2013 - Primaris REIT paying $377 million for portfolio of shopping centres in Alberta
Outlet: Penticton Herald - Online

Primaris Retail REIT has purchased a portfolio of shopping centers in Edmonton and Medicine Hat, Alta., for $377 million. Major properties are Medicine Hat Mall in Medicine Hat and Sherwood Park Mall, Edmonton.
January 31, 2013 - Kilroy Realty Buys Seattle's Westlake Terry for $170 million
Outlet: National Real Estate Investor - Online

Kilroy Realty Corp. bought Westlake Terry, a two-building, 320,399-square-foot office property in Seattle, from a joint venture partnership between Vulcan and Group Health Cooperative for approximately $170 million.
January 31, 2013 - CAPREIT acquires 263-suite apartment complex in Calgary, Alberta
Outlet: Daily Herald - Online (press release)

Canadian Apartment Properties Real Estate Investment Trustt has completed the acquisition of a mid-tier apartment complex in Calgary, Alberta consisting of six three-story buildings totaling 263 residential suites.
January 31, 2013 - Northwood raises more than $500 million in third close
Outlet: Institutional Real Estate Newsline

New York City-based Northwood Investors has raised approximately $551.7 million for its opportunistic real estate fund, Northwood Real Estate Partners, in a third closing.
January 31, 2013 - Berkshire Multifamily Value Fund III holds first close
Outlet: Institutional Real Estate Newsline

Boston-based Berkshire Group has raised $168.5 million in a first close for Berkshire Multifamily Value Fund III.
January 31, 2013 - SL Green pays $122 million for Soho retail
Outlet: Real Deal - Online, The

SL Green Realty has added to its retail portfolio with the $122.3 million acquisition of store space in Soho, N.Y.C.
January 31, 2013 - Avalon Bay sells San Francisco apartments
Outlet: Registry - Online, The

AvalonBay Communities has sold the Avalon Yerba Buena apartment property at 788 Harrison St. in San Francisco for $103 million to LaSalle Investment Management in an all-cash deal.
January 31, 2013 - Starwood Capital Group appoints C. Scott Rohm as SH Group president
Outlet: Optimum Online - Finance

Starwood Capital Group has announced C. Scott Rohm as president of SH Group, Starwood Capital’s hotel brand management company that oversees the development and launch of the group’s two new luxury and lifestyle hotel and residence brands, Baccarat H
January 30, 2013 - Prologis sells JFK portfolio for $57 million
Outlet: Times Ledger Newspapers - Online

TA Associates Realty has purchased a $57 million portfolio of properties adjacent to John F. Kennedy International Airport. The seller was Prologis.
January 30, 2013 - Grosvenor Fund Management appoints new CIO
Outlet: CoStar Group

Charles Walters has been promoted to CIO at Grosvenor Fund Management in Philadelphia.
January 30, 2013 - BWC makes first value-added real estate investment
Outlet: Institutional Real Estate Newsline

The $21 billion Ohio Bureau of Workers’ Compensation (BWC) has made a $50 million commitment to KTR Industrial Fund III.
January 30, 2013 - Cole Credit Property pays $205 million for Silicon Valley retail center
Outlet: Phoenix Business Journal - Online

Phoenix-based Cole Credit Property Trust IV has snatched up a massive slice of real estate in Silicon Valley for $205 million — one of the biggest acquisitions for the real estate investment trust to date.
January 30, 2013 - HSBC appoints Jones Lang LaSalle to manage real estate portfolio
Outlet: Re:Locate

Jones Lang LaSalle has announced that global bank HSBC has selected the firm as its sole global outsourcing provider of integrated facility management services across its 58 million-square-foot real estate portfolio.
January 30, 2013 - Prism to launch $230 million adaptive reuse development
Outlet: Commercial Property Executive - Online

Construction is expected to begin this spring on the $230 million Edison Village project in West Orange, N.J.
January 30, 2013 - Pebblebrook buys Embassy Suites San Diego Bay for $112.5 million
Outlet: Morningstar.com

Pebblebrook Hotel Trust has acquired the Embassy Suites San Diego Bay – Downtown for $112.5 million.
January 29, 2013 - New 15-story office tower planned for downtown Richmond
Outlet: Individual.com

A Chicago-based developer plans to change the Richmond skyline with a 15-story office tower in the heart of the downtown business district.
January 29, 2013 - Caisse increases real estate and infrastructure allocations
Outlet: Bloomberg News - Online

Caisse de Depot et Placement du Quebec will increase investments in assets such as real estate, infrastructure and private equity to reduce volatility in its returns.
January 29, 2013 - Paladin Realty launches second Colombian venture
Outlet: Institutional Real Estate Newsline

Paladin Realty Partners has launched PALVAL Homebuilding Platform, a Bogota, Colombia-based joint venture.
January 29, 2013 - Timber records highest returns since 2007
Outlet: Institutional Real Estate Newsline

On the back of a housing market recovery, timberland has recorded the highest total return since fourth quarter 2007, coming in at 5.92 percent
January 29, 2013 - American Realty Advisors expands investment group
Outlet: SYS-CON Media

American Realty Advisors has announced the expansion of the firm's investment group. The firm has made two hires.
January 29, 2013 - Paramount Hotel Group appoints Douglas Vicari as principal
Outlet: Hotel News Resource

Paramount Hotel Group has announced that Douglas Vicari has joined the company as a principal. Vicari will be responsible for the firm's capital-raising efforts, as well as advising on its strategic direction and assisting in its acquisition programs
January 29, 2013 - Cole hires David Lynn
Outlet: Individual.com

David Lynn has joined Cole Real Estate Investments (Cole) as executive vice president and chief investment strategist. Lynn will lead Cole’s investment strategy and research group and underwriting team.
January 29, 2013 - Summit to acquire Louisiana portfolio
Outlet: Hotel Business - Online

Summit Hotel Properties has agreed to acquire a portfolio of five Marriott-branded hotels in Louisiana for approximately $135 million.
January 28, 2013 - Office campus fetches near $92 million
Outlet: GlobeSt.com

Brookfield Opportunity Fund has purchased 987,428-square-foot multi-building office campus for $92 million.
January 28, 2013 - Host Hotels names Robertson EVP-CIO
Outlet: TravelPulse

Host Hotels & Resorts appointed Struan Robertson executive vice president and CIO.
January 28, 2013 - Blackstone lays foundation for GE portfolio bid
Outlet: Australian Financial Review - Melbourne

U.S. private equity firm Blackstone Group is interested in acquiring General Electric's (GE) Australian and New Zealand property portfolio. Hong Kong-based private equity firm, Pacific Alliance Group, has the same plans.
January 28, 2013 - Realogy Holdings appoints new director
Outlet: Compliance Week - Online

Realogy Holdings has appointed Brett White to its board of directors. White most recently served as CEO at CBRE Group
January 28, 2013 - KBS paying Brookfield $127 million for RBC Plaza
Outlet: Minneapolis/St. Paul Business Journal - Online

KBS Real Estate Investment Trust has paid $126.5 million for the 40-story office tower called RBC Plaza in downtown Minneapolis.
January 28, 2013 - Prologis trades airport portfolio in $57 million deal
Outlet: GlobeSt.com

A Prologis industrial portfolio adjacent to JFK International Airport has traded to TA Associates Realty, according to Cushman & Wakefield, which arranged the $57.2 million sale.
January 27, 2013 - Ivanhoé Cambridge and TPG complete acquisition of Woolgate Exchange
Outlet: Yahoo! News

Ivanhoé Cambridge and TPG has completed the acquisition of Woolgate Exchange, a high-quality office building located in London's business district.
January 27, 2013 - URDANG names P.J. Yeatman to head Private Real Estate
Outlet: PR Newswire

URDANG, the real estate manager for BNY Mellon, has named P.J. Yeatman to the new position of head of private real estate, with responsibility for setting strategy and leading the future growth of the private real estate business.
January 27, 2013 - Berkadia closes $1.5 billion refinancing
Outlet: Multifamily Executive - Online

Berkadia Commercial Mortgage has secured a $1.5 billion refinancing deal, the largest in the company’s history.
January 26, 2013 - Ivanhoe Cambridge appoints Claude Gendron as executive vice president, legal affairs and general counsel
Outlet: newsblaze.com

Ivanhoe Cambridge has appointed Claude Gendron as executive vice president, legal affairs and general counsel.
January 26, 2013 - Pyxis Capital adds four new regional sales directors
Outlet: pr-usa.net - Online

Pyxis Capital has hired new regional sales directors in Texas, Illinois, California and the Northeast.
January 25, 2013 - CBRE adds Wright as managing director
Outlet: CoStar Group

William Wright has joined CBRE’s Oakbrook, Ill., office as managing director.
January 25, 2013 - Pearlmark Real Estate launches debt fund
Outlet: Institutional Real Estate Newsline

Pearlmark Real Estate Partners has launched its fourth debt fund.
January 25, 2013 - Colliers International names Kim Butler senior property manager
Outlet: Midlandsbiz.com

Colliers International has appointed Kim Butler to the position of Senior Property Manager. She has been associated with Colliers since 2006.
January 25, 2013 - KingSett Capital withdraws OSC application about Primaris unitholder rights plan
Outlet: CJBK-AM - Online

An investment group led by KingSett Capital has dropped its attempt to remove a shareholder rights plan that Primaris Retail REIT put in place to defend against a hostile takeover.
January 25, 2013 - Sunstone sells four hotels in Minnesota
Outlet: Orange County Business Journal - Online

Aliso Viejo-based Sunstone Hotel Investors has entered into agreements to sell a four-hotel portfolio in Rochester, Minn., for $230 million.
January 25, 2013 - CoStar's People of Note (Jan. 20-26)
Outlet: CoStar Group

CoStar's People of Note reports news on significant new commercial real estate hires and promotions.
January 25, 2013 - Macquarie Group launches third fund in a series
Outlet: Institutional Real Estate Newsline

Australia-based Macquarie Group has launched its third fund in an infrastructure series.
January 25, 2013 - Macerich acquires Long Island's Green Acres Mall for $500 million
Outlet: Morningstar.com

The Macerich Co. has acquired Green Acres Mall. Green Acres Mall is a 1.8 million square foot super regional mall located in Valley Stream, New York.
January 25, 2013 - Host Hotels & Resorts names Struan Robertson executive vice president, CIO
Outlet: Individual.com

Host Hotels & Resorts has appointed Struan Robertson as executive vice president and CIO. Robertson will lead the company in its domestic and international acquisition efforts. He is based at Host's headquarters in Bethesda, Md.
January 25, 2013 - Oak Tree Capital, Behringer form JV at Paces West office complex
Outlet: GlobeSt.com

Oak Tree Capital Management and Behringer Harvard have formed a joint venture ownership arrangement for the former Home Depot headquarters.
January 24, 2013 - Primaris REIT takeover battle ‘not concluded’
Outlet: Financial Post - Online

The battle for Primaris Retail Real Estate Investment Trust is far from over, says one of Bay St.’s leading analysts.
January 24, 2013 - Manhattan Real Estate has become The Gold Standard
Outlet: Forbes - Online

According to Eastern Consolidated, Manhattan commercial property sales jumped an astonishing 85 percent from third quarter 2012 to the fourth quarter 2102.
January 24, 2013 - KingSett-led group says it will build stake in Primaris REIT if price is right
Outlet: Journal-Pioneer - Online

A consortium led by KingSett Capital announced Thursday it will continue to build its stake in Primaris Retail Real Estate Investment Trust, a shopping mall operator that it has been attempting to take over.
January 24, 2013 - American Realty Capital Healthcare Trust announces hire of seniors housing specialist
Outlet: Individual.com

American Realty Capital Healthcare Trust has appointed Ross Sanders as vice president of acquisitions. He will focus on seniors housing.
January 24, 2013 - Colony American Homes nears final close
Santa Monica, Calif.-based investment firm Colony Capital is expected to close its single-family residential investment fund, Colony American Homes, by the end of the week.
January 24, 2013 - Starwood Property Trust And Starwood Capital Group to acquire LNR Property
Outlet: PR Newswire - Online

Starwood Property Trust and Starwood Capital Group, on behalf of Starwood Distressed Opportunity Fund IX,have entered into a definitive agreement to acquire LNR Property for a total purchase price of $1.05 billion in cash.
January 23, 2013 - EdR creates joint venture to develop collegiate housing at the University of Minnesota
Outlet: Business Wire

EdR has executed agreements with GEM Realty Capital and Schenk Realty Group to jointly develop and own new off- campus collegiate housing at the University of Minnesota in Minneapolis.
January 23, 2013 - Thomas Etzel joines RECAP as chairman of the management committee
Outlet: Press Release

Real Estate Capital Partners (RECAP) of New York City has hired Thomas Etzel as Managing Director and Head of Strategy and Business Development.
January 23, 2013 - ARC pays $112 million to get its toes wet in Silicon Alley
Outlet: Real Estate Weekly - Online

American Realty Capital New York Recovery REIT (ARC) has entered into a purchase and sale agreement to acquire the fee simple interest in an office building lat 218 West 18th Street in Chelsea.
January 23, 2013 - U.S. farmland sector has strong return in fourth quarter
Outlet: Institutional Real Estate Newsline

During fourth quarter 2012, U.S. farmland had a strong rate of return, exceeding its income return from fourth quarter 2011, according to the NCREIF Farmland Index, released by the National Council of Real Estate Investment Fiduciaries.
January 23, 2013 - New Jersey could sell $1 billion in real estate fund investments
The $70.8 billion New Jersey Division of Investment may sell its interests in about 20 real estate funds, totaling more than $1 billion.
January 22, 2013 - Knight Frank hires CBRE head of West End office leasing
Outlet: Property Week - Online

An executive director in CBRE’s West End office leasing team is to join Knight Frank as an equity partner in charge of West End leasing, as part of a reshuffle of the partnership’s leasing team.
January 22, 2013 - TCG veteran to launch Indian real estate investment fund
Outlet: Business Standard India

Bani Banerjee, who left India-based TCG Real Estate in mid-2012, is launching a $200 million special situations fund to invest in real estate and hotels in India.
January 22, 2013 - Watermark, W.P. Carey Venture seeks REIT status
Outlet: Hotel Business - Online

According to filings with the United States Securities and Exchange Commission, a newly formed venture between W.P. Carey and Watermark Capital Partners—Carey Watermark Investors Inc.—is seeking real estate investment trust (REIT) status in order to acquire, own and dispose of lodging and lodging-related properties.
January 22, 2013 - William Krauch joins Bentall Kennedy as senior advisor, investor relations and product development
Outlet: Press Release

William Krauch has joined the executive management team of Bentall Kennedy.
January 22, 2013 - Mack-Cali acquires Roseland luxury properties near Boston
Outlet: NJBiz - Online

Mack-Cali Realty Corp. is set to acquire two Boston-area rental properties currently managed by its Roseland Property Co. subsidiary, which it formed last fall when it acquired the multifamily builder.
January 22, 2013 - Charles Dallara, currently managing director of the IIF, to join Partners Group
Outlet: Press Release

Partners Group has hired Charles Dallara, currently Managing Director of the Institute of International Finance (IIF), will join the firm as a Partner, based in the United States.
January 22, 2013 - Paladin Realty announces six executive promotions
Outlet: Press Release

Paladin Realty Partners has promoted six executives. Randall Loker, Pablo Sala, Joel Bost, and Scot Hadley have all been promoted to senior vice president, and Michael Pelletier and Santiago Gil have been promoted to vice president.
January 22, 2013 - John Benziger named D.C. regional managing principal for Cassidy Turley
Outlet: Digital Journal

Cassidy Turley has named John Benziger D.C. regional managing principal. He is responsible for enhancing Cassidy Turley’s commercial real estate services in the Metro DC Region and leading the region’s more than 400 professionals.
January 22, 2013 - Brookfield completes $886 million acquisition of Verde Realty
Outlet: pr-usa.net - Online

Brookfield has closed the acquisition of a majority ownership position in Verde Realty. Through this transaction, an investment vehicle managed by Brookfield will control approximately 81% of the common equity in Verde, with the remaining equity reta
January 22, 2013 - Parmenter Realty Partners buys its first asset in the Washington, D.C. metro area
Outlet: Cincinnati Enquirer - Online (press release)

Parmenter Realty Partners have announced the acquisition of 460 Herndon Parkway, a 205,074 square foot office building situated on approximately 10 acres of land, in Herndon, Virginia. The asset is currently 96% occupied with no near-term rollover.
January 22, 2013 - Prologis signs 1 million-square-foot build-to-suit with Amazon
Outlet: Registry (San Francisco), The

Prologis has signed a lease agreement with Amazon to build a more than 1 million-square-foot distribution center.
January 22, 2013 - KPERS invests $90 million in infrastructure and real estate funds
Outlet: Institutional Real Estate Newsline

The $13.6 billion Kansas Public Employees Retirement System (KPERS) has committed $90 million to two funds.
January 22, 2013 - Spirit Realty to merge with Cole Credit Property Trust II
Outlet: REIT.com

Spirit Realty Capital and Cole Credit Property Trust II have announced a merger that would create what is expected to be the second-largest publicly traded triple-net lease REIT in the United States.
January 22, 2013 - Parkway agrees to purchase eight office buildings in Jacksonville, Florida
Outlet: PR Newswire - Online

Parkway Properties has entered into a purchase and sale agreement to acquire a portfolio of eight office properties totaling 1.0 million square feet located in the Deerwood submarket of Jacksonville, Fla., for a purchase price of $130 million.
January 21, 2013 - Morgan Stanley finds opportunity in distressed property assets
Outlet: Big News Network

Distressed property markets where deals are difficult to finance and yield spreads are at all-time highs provide attractive investment opportunities, according to Morgan Stanley's real estate unit.
January 21, 2013 - St. Paul apartment tower fetches $51 million
Outlet: Chicago Tribune - Online

Kellogg Square, a signature apartment tower in downtown St. Paul, has been sold for $51 million. The tower was sold by Sentinel Management to Bigos Management of Golden Valley.
January 21, 2013 - Canadian pension funds plan investment splurge
Outlet: Weekend Australian, The (VIC)

The $120 billion Ontario Teachers' Pension Plan is looking at stepping up its investments in Australia with a minimum project target of $250 million.
January 21, 2013 - Pure Industrial REIT buys 15 properties
Outlet: Chronicle-Journal - Online

Pure Industrial Real Estate Trust is buying 15 industrial properties for $129.4 million. The properties, comprising 1.4 million square feet of gross leasable area, are located in British Columbia, Alberta, Saskatchewan Manitoba, Ontario and Quebec.
January 21, 2013 - Madison acquires 35 percent equity stake in Statoil's newly office complex for $71 million
Outlet: Press Release

Madison International Realty has completed the acquisition of a 392 Million NOK (approx. US $71 Mio.) interest in the Statoil complex in Oslo, Norway.
January 20, 2013 - Ivanhoe Cambridge to expand Vaughan Mills
Outlet: Individual.com

Ivanhoé Cambridge has announced that Vaughan Mills, its shopping centre located in Vaughan, Ontario, will be undergoing an $87-million redevelopment and expansion project.
January 19, 2013 - Berkadia funds $1.5 billion multifamily portfolio
Outlet: National Real Estate Investor - Online

Berkadia Commercial Mortgage has closed a $1.5 billion loan portfolio through Freddie Mac for Southern Management Corp. As the largest loan funding in Berkadia’s history, this portfolio is also expected to be Freddie Mac’s largest multifamily deal el
January 18, 2013 - Duke Realty divests six-building office portfolio in Indianapolis
Outlet: Commercial Property Executive - Online

A joint venture between Middleton Partners and Romanek Properties has acquired the six-building Hillsdale Technecenter in suburban Indianapolis from locally based Duke Realty Corp.
January 18, 2013 - CoStar's People of Note (Jan. 13-19)
Outlet: CoStar Group

CoStar's People of Note reports news on significant new commercial real estate hires and promotions. This week, the following companies announced personnel moves: Jones Lang LaSalle, HFF, Cassidy Turley, Trammell Crow, DDR Corp., Avison Young, Stream
January 18, 2013 - Prologis boosts Japanese portfolio
Outlet: Zacks.com

Prologis has announced a new development project – Prologis Park Kitamoto – in Japan. The move will strengthen Prologis’ position as one of the leading providers of industrial real estate in Asia.
January 18, 2013 - Tempe Gateway building sells for $66.1 million
Outlet: AZCentral.com

The Tempe Gateway office building has sold for $66.1 million.The eight-story building was purchased by Parkway Properties of Florida from Vulcan.
January 17, 2013 - Avison Young releases 2013 commercial real estate forecast for Canada and United States
Outlet: Yahoo! Finance

Stability and opportunity will drive Canada's commercial real estate markets in 2013, while select U.S. markets and sectors are poised for growth, even while caution persists, according to Avison Young's 2013 Canada , U.S. Forecast report.
January 17, 2013 - Host Hotels announces sale of Atlanta Marriott Marquis
Outlet: eZanga (press release)

Host Hotels & Resorts has sold the 1,663-room Atlanta Marriott Marquis in Atlanta for $293 million.
January 16, 2013 - Overseas buyers drawn to London new-build homes
Outlet: Press Release

Knight Frank’s new report, International Residential Investment in London, reveals the size of overseas investment into the London new-build sector. It also examines how the financial crisis has changed the dynamics of the market, looking particularly at the rise in investment by Asian buyers. Finally, it analyzes who is buying new-build property and why, before highlighting the potential future overseas markets for London property.
January 16, 2013 - Cornerstone Real Estate Advisers appoints Michael Marron to senior securities analyst post
Outlet: Press Release

Cornerstone Real Estate Advisers has appointed Michael Marron as vice president--senior equity analyst for its Global Real Estate Securities operation, which manages global and domestic real estate securities strategies from offices in Stamford, Amsterdam and Hong Kong.
January 16, 2013 - Kilroy has new head of development
Outlet: GlobeSt.com

Kilroy Realty Corp. has promoted Justin Smart to executive vice president of development and construction services.
January 16, 2013 - Lennar plans $1 billion of multifamily properties
Outlet: Bloomberg Businessweek - Online

Lennar Corp. has plans to diversify into apartments with the construction of $1 billion of multifamily properties as rental demand climbs.
January 16, 2013 - Gregory Moss named regional managing principal of Cassidy Turley in Northern California
Outlet: Yahoo! Canada

Greg Moss has been named Regional Managing Principal of Cassidy Turley in Northern California. With the promotion, Moss assumes responsibilities formerly held by Michael Kamm, who was recently named president of Cassidy Turley.
January 16, 2013 - Newmark Grubb Knight Frank Hotels Expands With Key Hires
Outlet: PR Newswire - Online

2013 Newmark Grubb Knight Frank Hotels Expands With Key Hires NEW YORK , Jan. 16, 2013 /PRNewswire/ -- Newmark Grubb Knight Frank (NGKF), one of the world's leading global real estate advisory firms, today announced the addition of three hos
January 16, 2013 - 637-unit apartment fetches nearly $174 million
Outlet: GlobeSt.com

Berkshire Property Advisors has purchased the Enclave Apartments for $173.75 million.
January 16, 2013 - Avison Young acquires Houston-based Mason Partners
Outlet: PR News - Online

Todd Mason and Jeff Lindenberger join as principals at Avison Young's business-line coverage in Texas.
January 15, 2013 - Aimco begins $140 million redevelopment
Outlet: Rentv.com

Denver-based Aimco has kicked off work on a $140 million redevelopment of Lincoln Place apartments in Venice, Calif. The redevelopment is being funded by a $190.7 million FHA insured loan from lender and servicer Red Mortgage Capital.
January 15, 2013 - House market continues to cool as sales slump 17.4 percent from a year ago
Outlet: Yahoo! Canada

The correction in Canada's housing market gathered momentum in December as the number of new listings slipped, prices moderated and the number of homes sold fell 17.4 per cent from a year earlier, the biggest drop-off in six months, according to The Canadian Press.
January 15, 2013 - In New York, Brookfield paves way for office towers
Outlet: The Wall Street Journal

In the office market, demand has been sluggish in cities around the United States. But that's not stopping developers. The latest example, Brookfield Office Properties held a groundbreaking ceremony in Manhattan for a giant platform to be built over rail tracks on its 5-acre site on the far West Side.
January 15, 2013 - American Realty to acquire Chelsea-based office building from Atlas Capital and GreenOak Real Estate
Outlet: PR Newswire - Online

American Realty Capital New York Recovery REIT has entered into a purchase and sale agreement to acquire the fee simple interest in an institutional-quality office building located in the Chelsea neighborhood of Manhattan from a joint venture between
January 15, 2013 - City Council OKs Century Plaza hotel project
Outlet: Westwood-Century City Patch

The Los Angeles City Council on Tuesday gave the green light for a $2 billion Century City redevelopment project with the Century Plaza hotel as the cornerstone.
January 15, 2013 - Choice Hotels adds 46 new properties
Outlet: Hotel News Resource

Lodging Choice Hotels International has added 46 hotels to its family of brands. Under an agreement reached with affiliates of Colony Capital, including Colony Financial and hospitality management company Aimbridge Hospitality, the properties will be franchised under the Quality Inn, Comfort Inn and Econo Lodge brands.
January 15, 2013 - S. Korean investors nab Weatherford's Houston HQ
Outlet: Law360

A Principal Financial Group unit has closed on a 335,000-square-foot Houston office building that serves as the headquarters of oil and gas services company Weatherford International Ltd. on behalf of South Korean investors led by CORE Real Estate.
January 15, 2013 - Wall Street analysts bet on real estate
Outlet: Commercial Investment Real Estate - Online

Real estate is poised to drive economic growth in 2013, with the commercial sector leading the way, according to Wall Street strategists and economists via a CNBC report.
January 15, 2013 - Kimco Acquires Partner’s interest in Santee Trolley Square in San Diego
Outlet: Business Wire - Canada - Online

Kimco Realty Corp. has added Santee Trolley Square in suburban San Diego to its consolidated portfolio. The company acquired its institutional partner’s 50 percent ownership interest based on a gross purchase price of $98 million.
January 15, 2013 - The Dermot Co. appoints new senior manager
Outlet: Institutional Real Estate Newsline

Rob Kilroy has joined the Dermot Co., a New York-based multifamily developer, as one of the firm's senior managers.
January 15, 2013 - Ivanhoé Cambridge starts construction on largest real estate project of the past five years in Chicago
Outlet: PR Newswire - Online

Ivanhoé Cambridge and co-investor and developer Hines have started of construction of River Point, a development including a 45-story office tower and a 1.5-acre public park in downtown Chicago's West Loop. The project is being developed with land partner Larry Levy.
January 15, 2013 - Sabra Health Care REIT hires Peter Nyland
Outlet: Press Release

Sabra Health Care REIT has hired Peter Nyland as senior vice president of asset management. He will oversee teh firm's asset management function.
January 14, 2013 - Paul Dolinoy retires from Hunt Investment Management
Outlet: Institutional Real Estate Newsline

Paul Dolinoy has retired as executive vice president and managing director of Hunt Investment Management.
January 14, 2013 - TCRS invests $55 million in two real estate funds
Outlet: Institutional Real Estate Newsline

The $36.3 billion Tennessee Consolidated Retirement System (TCRS) has committed a total of $55 million to two separate real estate funds.
January 14, 2013 - Kottmeier named research director for CBRE's D.C.-Baltimore region
Outlet: Citybizlist Baltimore

CBRE has hired effrey Kottmeier as research director for CBRE's D.C.-Baltimore region. In his new role, Kottmeier will focus on forecasting, trends analysis and real estate strategy.
January 14, 2013 - Colliers International hires research analyst
Outlet: Idaho Business Review - Online

Colliers International, a commercial real estate firm, has hired Levi Johnson as a research analyst in the Boise office. In this position, Johnson is responsible for strategic planning, development and implementation of market research and geographic
January 14, 2013 - Meridian Group says closing of new fund gives it more than $160 million to invest in D.C. area
Outlet: Virginia Business - Online

The Maryland-based Meridian Group has closed on its first real estate private equity fund, attracting more than $160 million of discretionary capital from institutional investors. With leverage, Meridian said in a statement that it has the capacity
January 14, 2013 - Hunt acquires $1.2 billion Tuckerman platform
Outlet: Press Release

Hunt Investment Management has acquired State Street Global Advisors' $1.2 billion multifamily fund platform, The Tuckerman Group.
January 13, 2013 - Agree Realty Corp. names new CEO
Outlet: National Real Estate Investor - Online

Joey Agree has been named CEO of Agree Realty Corp. He will continue to serve as the company’s president and as a member of the board of directors.
January 12, 2013 - Forest City completes sells two assets
Outlet: pr-usa.net - Online

Forest City Enterprises has completed the disposition of two assets in non-core markets, located in Florida and California, for $163.6 million.
January 12, 2013 - San Francisco office rents jump 27 percent in fourth quarter
Outlet: Bloomberg Businessweek - Online

San Francisco office rents jumped 27 percent in the fourth quarter from a year earlier as reduced occupancy gains signaled a market “downshift” for 2013, according to broker CBRE Group. The average rent was $48.83 a square foot, up 5.9 percent from t
January 11, 2013 - Boutique Midtown office trades for $128 million
Outlet: GlobeSt.com

CBRE Group has completed the $128-million sale of 551 Madison Ave., a 150,000-square-foot office property, to Cornerstone Properties.
January 11, 2013 - KingSett asks OSC to block Primaris Retail REIT unitholder rights plan
Outlet: Alaska Highway News - Online

A consortium led by KingSett Capital has requested the Ontario Securities Commission (OSC) to block a unitholder rights plan at Primaris Retail REIT, which it is trying to buy in a $4.4-billion hostile takeover. The provincial regulator has scheduled
January 11, 2013 - Chartwell announces new name and brand logo
Outlet: Marketwire - Online

Chartwell Seniors Housing Real Estate Investment Trust has changed its name to Chartwell Retirement Residences.
January 11, 2013 - J.P. Morgan names new managing director and client portfolio manager
Outlet: Institutional Real Estate Newsline

J.P. Morgan Asset Management - Global Real Assets has appointed John Faust as a managing director and client portfolio manager for real estate.
January 11, 2013 - Peak Corporate Network announces the appointment of Mark Nester as CFO
Outlet: PRWeb - Online

The Peak Corporate Network has appointed Mark Nester as CFO. In this role, Nester will oversee the finance, budgeting, financial reporting and analysis operations for the organization.
January 10, 2013 - Cerberus Capital buys 877 supermarkets in $3.3 billion deal
Outlet: Reuters - Online

Supervalu has struck a $3.3 billion deal to reduce its burdensome debt by selling five of its supermarket chains to an investor group led by Cerberus Capital Management.
January 10, 2013 - Transwestern expands leadership to spearhead extension of domestic and international services
Outlet: PR Newswire

Transwestern's Houston headquarters has announced a leadership expansion featuring key executives to advance rapid growth at the commercial real estate services firm. Simultaneously, Transwestern unveiled a services expansion into Latin America.
January 10, 2013 - Kimco Realty gets involved in Supervalu deal
Outlet: Benzinga

Kimco Realty Corp. has announced that it is a participant in Supervalu deal through its investment in a consortium led by Cerberus Capital Management.
January 10, 2013 - Goldman, Morgan Stanley said to be near settlement on foreclosure claims
Outlet: National Mortgage News - Online

Goldman Sachs Group , Morgan Stanley and two other banks may agree as soon as this week to settle claims over botched foreclosures in an accord similar to one reached with 10 other loan servicers, two people briefed on the discussions said.
January 9, 2013 - Florida's retirement fund, Butters building business park
Outlet: South Florida Business Journal - Online

Florida's retirement fund, working with L&B Realty Advisors and Butters Construction & Development, is redeveloping a Medley site into a 45-acre business park northwest of Miami International Airport.
January 9, 2013 - U.S. malls see decline in vacancies for fifth straight quarter
Outlet: Reuters

Vacancies declined and rents rose in the fourth quarter at large regional U.S. malls, which continued to fare better than smaller strip centers burdened by a weak economy and an oversupply of space, real estate research firm Reis Inc said.
January 9, 2013 - Prologis establishes REIT in Japan
Outlet: PR Newswire

Prologis has announced it will be the sole sponsor of Nippon Prologis REIT, a Japanese real estate investment trust. Prologis will retain at least a 15 percent ownership interest in the J-REIT and contribute 12 of its class A properties in Japan.
January 9, 2013 - Australand door opens for GPT and rivals
Outlet: Business Spectator, The

Australand said its major shareholder, Singapore’s CapitaLand, had announced an intention to conduct a strategic review of its 59 per cent shareholding in the Australian entity. Australand’s fate is now out of its own hands and control of a highly st
January 9, 2013 - Canadian REIT acquires $633 million of U.S. multifamily assets
Outlet: PR Newswire

Morguard North American Residential Real Estate Investment Trust has finalized two separate agreements to acquire a total of 6,474 multifamily residential units in the United States for $633 million.
January 9, 2013 - RREEF receives approval for $2.5 billion REIT plan
Outlet: Institutional Real Estate Newsline

The Securities and Exchange Commission has approved RREEF Property Trust's registration statement pertaining to its public offering.
January 9, 2013 - REITs post impressive returns in 2012
Outlet: Institutional Real Estate Newsline

Despite economic uncertainties characterized by a fiscal cliff and shaky global economy, REITs recorded a strong return of 19.7 percent in 2012, making it the fourth consecutive year that equity REITs have outperformed other asset classes, according
January 9, 2013 - North Carolina Retirement invests $670 million in real estate
Outlet: Institutional Real Estate Newsline

The $74.5 billion North Carolina Retirement Systems has committed $670 million to four separate real estate funds.has committed $670 million to four separate real estate funds.
January 9, 2013 - Worldwide Hotel transaction volume to hit $32 billion in 2013
Outlet: Hotel Online

Jones Lang LaSalle's Hotels and Hospitality experts expect worldwide hotel deal volume to reach $32 billion in 2013, as increased transparency around the world gives way to a more globalized arena for investors.
January 9, 2013 - Blackstone rushes $2.5 billion Purchase as homes rise
Outlet: Financial Advisor - Online

Blackstone has spent more than $2.5 billion on 16,000 homes to manage as rentals, deploying capital from the $13.3 billion fund it raised last year.
January 9, 2013 - Health Care REIT completes acquisition of Sunrise Senior Living and sale of management company
Outlet: CNBC - Online

Health Care REIT has completed the acquisition of the Sunrise Senior Living property portfolio, the sale of the Sunrise management company, and the acceleration of all planned joint venture partne buy-outs. The company’s investment in Sunrise proper
January 9, 2013 - Sovran Self Storage closes on $83 Million of assets, expands in Chicago
Outlet: Canadian Business - Online

Sovran Self Storage has acquired 14 self storage facilities and management contracts for two unaffiliated properties.
January 8, 2013 - Parkway Properties acquires Charlotte's NASCAR Plaza
Outlet: RealEstateBusinessOnline

Parkway Properties has acquired NASCAR Plaza to Parkway Properties for a reported $100 million.
January 8, 2013 - Madison International raises $137.5 million for fifth fund
Outlet: Institutional Real Estate Newsline

Madison International Realty has raised approximately $137.5 million for its Madison International Real Estate Liquidity Fund V.
January 8, 2013 - Security Properties holds final close for first fund
Outlet: Institutional Real Estate Newsline

Seattle-based Security Properties has held a $20 million final close for its debut fund, Security Properties Multifamily Fund. The fund invests in apartment properties.
January 8, 2013 - Florida commits $400 million to real estate and infrastructure
Outlet: Institutional Real Estate Newsline

The $157 billion Florida State Board of Administration has committed $400 million to real estate and infrastructure.
January 8, 2013 - Michael Kamm promoted to president of Cassidy Turley
Outlet: Indianapolis Business Journal - Online

Michael Kamm has been promoted to president at Cassidy Turley. Kamm also will join Cassidy Turley's Board of Directors, and he will remain based in San Francisco.
January 7, 2013 - Rising rents may prod affluent U.S. city dwellers to buy homes: Reis
Outlet: Fox Business Network - Online

U.S. apartment vacancies declined and rents rose again in the fourth quarter, continuing a years-long trend that is likely to encourage more affluent renters to become home buyers this year, according to real-estate research firm Reis.
January 7, 2013 - Jones Lang LaSalle names COO, announces retail leadership
Outlet: Chain Store Age - Online

Jones Lang LaSalle has promoted Kristin Mueller to COO. The firm also announced the establishment of new leadership roles.
January 7, 2013 - Glimcher Realty Trust buys University Park Village for $105 million
Outlet: Benzinga

Glimcher Realty Trust has announced the acquisition of University Park Village, a premier open-air center located in Fort Worth, Texas.
January 7, 2013 - Shorenstein completes $50 million Houston buy
Outlet: San Francisco Business Times - Online

San Francisco-based Shorenstein Properties has closed on the $50 million purchase of 800 Bell Street, a 1.2 million-square-foot office tower in downtown Houston.
January 7, 2013 - Covenant Capital closes apartment fund
Outlet: Institutional Real Estate Letter

Covenant Capital Group has held a final close for its Covenant Apartment Fund VII with $236 million in equity commitments.
January 7, 2013 - Simon Mallinson appointed executive managing director at Real Capital Analytics
Outlet: Press Release

Simon Mallinson has been appointed executive managing director of Real Capital Analytics' EMEA operations.
January 7, 2013 - PREI expands U.S. marketing team
Outlet: paidContent.org

Prudential Real Estate Investors has named Dennis Martin managing director, head of U.S. marketing.
January 7, 2013 - GTIS Partners and Harvard Investments acquire 563 Acres of residential and commercial land in Arizona
Outlet: Business Wire - Online

GTIS Partners has purchased a 563-acre parcel of land in the Phoenix, Arizona, submarket of Mesa. The City of Mesa land, part of the former General Motors Desert Proving Grounds, was acquired from a private investor.
January 7, 2013 - Equity Residential to sell $1.5 billion in assets
Outlet: Press Release

Equity Residential has agreed to sell a portfolio of assets to a joint venture of Goldman, Sachs & Co. and Greystar Real Estate Partners for $1.5 billion.
January 6, 2013 - Skanska awarded building contract for $213 million
Outlet: Business Wire - Canada - Online

Skanska has been awarded construction work worth $213 million for an existing confidential client. The project is in the western United States.
January 6, 2013 - Wereldhave sells entire U.S. portfolio
Outlet: Press Release

Lone Star Funds and Wereldhave have reached agreement on the purchase and sale of Wereldhave's portfolio in the United States. The purchase price amounts to $720 million.
January 4, 2013 - Inland Diversified announces $296.3 million JV acquisition
Outlet: Fort Mill Times - Online

Inland Diversified Real Estate Trust has announced today the acquisition of a majority interest in the Territory Portfolio, six grocery- or home improvement-anchored retail properties located in Las Vegas.
January 4, 2013 - Nonfarm payroll employment rises by 155,000 in December
Outlet: Press Release

The number of unemployed persons, at 12.2 million, was little changed in December. The unemployment rate held at 7.8 percent and has been at or near that level since September.
January 4, 2013 - LaSalle acquires majority interest in Liberty Hotel in Boston
Outlet: Enhanced Online News

LaSalle Hotel has acquired a majority interest in the Liberty Hotel in Boston for $170 million.
January 4, 2013 - CBRE Group acquires commercial real estate services businesses from Resource Real Estate Partners and TPA Realty
Outlet: Press Release

CBRE Group has acquired the commercial real estate services businesses of Atlanta-based Resource Real Estate Partners, LLC and TPA Realty Services. This acquisition enhances the CBRE Group’s service offerings to clients in the metro Atlanta region.
January 4, 2013 - AMLI buys Woodland Hills Apartments for $100 million
Outlet: GlobeSt.com

AMLI Residential has bought an apartment complex located in Woodland Hills, Calif., for approximately $100 million.
January 3, 2013 - Landmark One West Fourth building in Winston-Salem sold for $61 million
Outlet: Winston-Salem Journal

One of downtown Winston-Salem's signature buildings, One West Fourth Street, has been bought by a Connecticut private-equity group for $61.25 million.
January 3, 2013 - MHI Hospitality Corp. announces retirement of CFO, appoints successor
Outlet: Business Wire

William Zaiser has retired as executive vice president, CFO and corporate secretary at MHI Hospitality Corp.
January 3, 2013 - Dermot sells 14-building portfolio for $190.5 million
Outlet: Commercial Observer

Dermot Property Associates has sold a portfolio of 14 buildings in Manhattan, the Bronx and Queens for $190.5 million.
January 3, 2013 - Simon Property Group and CalPERS affiliate IMI form joint venture
Outlet: PR Newswire - Online

Simon Property Group and a co-investment venture owned by an affiliate of Miller Capital Advisory and the California Public Employees' Retirement System have formed a joint venture to own and operate The Shops at Mission Viejo in Los Angeles.
January 3, 2013 - Tom Bermingham joins USAA Real Estate Co.
Outlet: PR Newswire

USAA Real Estate Co. has named Thomas Bermingham as managing director of investments, overseeing acquisition, development and joint venture opportunities for USAA Real Estate Co.'s newly opened Northeast regional office, located in New York City.
January 3, 2013 - Brookfield, Pershing Square call truce in GGP battle
Outlet: Thompson Citizen - Online

Brookfield Asset Management and Pershing Square have signed a four-year truce in their dispute over General Growth Properties, owner-operator of regional shopping malls in 41 states.
January 3, 2013 - Brookfield raises $120 million for Brazil timber fund
Outlet: Institutional Real Estate Newsline

Toronto-based Brookfield Asset Management has raised approximately $120 million for a Brazil timber fund.
January 3, 2013 - Kirkland units sold for $72.2 million
Outlet: Seattle Daily Journal of Commerce - Online

The Guardian Life Insurance Co. of America bought the Avalon Juanita Village apartments for $72.2 million.
January 2, 2013 - Parkway Properties Buys Tempe Gateway for $66.1 million
Outlet: Benzinga

Parkway Properties (NYSE: PKY) has purchased Tempe Gateway, a 264,000 square foot office tower located in the Tempe submarket of Phoenix, Ariz., for a purchase price of $66.1 million.
January 2, 2013 - Rouse Properties closes on $96 million purchase of Mall at Turtle Creek
Outlet: Arkansas Business - Online

Rouse Properties has closed on its $96.3 million acquisition of the Mall at Turtle Creek. The deal includes an adjacent shopping center, Turtle Creek Crossing. Rouse purchased the two properties from a private partnership led by David Hocker.
January 2, 2013 - Ventas and Atria Management to jointly own Atria Senior Living
Outlet: Business Wire

Ventas has joined with Atria Senior Living to purchase interests in Atria from Lazard Freres Real Estate Investors for $242 million.
January 2, 2013 - Prudential Connecticut Realty names new CEO
Outlet: Inman News - Online

Candace Adams, a 26-year real estate industry veteran who had been serving as the brokerage's president, took over the CEO position from Prudential Connecticut Realty's chairman, Peter Helie.
January 2, 2013 - Starwood Capital Group purchases office portfolio for $260.5 million
Outlet: PR Newswire

Starwood Capital Group has acquired a portfolio of nine commercial office buildings located predominantly in the Sun Belt region of the United States.
January 2, 2013 - Thor Equities pays $277 million for first Madison Ave. property
Outlet: The Wall Street Journal

Thor Equities has purchased the block-long retail space in the former Helmsley Carlton House on Madison Avenue for $277 million.
January 2, 2013 - CLW Real Estate Services Group joins Cassidy Turley
Florida-based CLW Real Estate Services Group has joined Cassidy Turley and will operate as Cassidy Turley .
January 2, 2013 - Potbelly Sandwich Works CEO joins Starwood board
Outlet: Directorship (NACD) - Online

Potbelly Sandwich Works CEO Aylwin Lewis has joined the Starwood Hotels & Resorts Worldwide board of directors.
January 2, 2013 - Summit Hotel's leadership team moves to Texas
Outlet: Sioux Falls Business Journal - Online

Sioux Falls-based Summit Hotel Properties has consolidated its executive headquarters in Austin, Texas.
January 2, 2013 - DDR Corp. names David Oakes president
Outlet: Press Release

DDR Corp. has named David Oakes president of real estate. In addition, Oakes will continue as CFO of DDR.
January 2, 2013 - BGC Partners acquires Frederick Ross Co.
Outlet: PRNewswire

BGC Partners has acquired Frederick Ross Co. in Denver. Financial details of the transaction were not disclosed.
December 28, 2012 - CBRE Global Investors completes aquisition of Knight-Ridder building
Outlet: Silicon Valley/San Jose Business Journal - Online

The Knight-Ridder building has been sold to CBRE Global Investors.
December 28, 2012 - CoStar's People of Note (Dec. 23-29)
Outlet: CoStar Group

CoStar's People of Note reports announced personnel moves in Stribling & Associates, LANE4 Property Group, Cushman & Wakefield | Thalhimer and Lightstone Group.
December 28, 2012 - Indiana Retirement System commits $75 million to Stockbridge Fund
Outlet: Institutional Real Estate Newsline

The $26.6 billion Indiana Public Retirement System (INPRS) has committed $75 million to Stockbridge Smart Markets Fund, managed by Stockbridge Capital Group.
December 28, 2012 - LAFPP invests $90 million in two real estate funds
Outlet: Institutional Real Estate Newsline

The $14.2 billion Los Angeles Fire and Police Pensions (LAFPP) has invested $90 million in two funds.
December 28, 2012 - Texas TRS invests in AEW Senior Housing fund
Outlet: Institutional Real Estate Newsline

The $110 billion Teacher Retirement System of Texas (TRS) has committed $100 million to AEW Senior Housing.
December 28, 2012 - Elco Landmark and Timbercreek joint venture acquires multifamily portfolio
Outlet: Webnewswire.com/

Landmark Residential with its joint venture partner Timbercreek Asset Management has acquired a portfolio of four multifamily properties from Colonial Properties Trust.
December 27, 2012 - Ashford Hospitality Trust appoints Archie Bennett, Jr. as chairman Emeritus and Monty Bennett as chairman of the board
Outlet: PR Newswire

Ashford Hospitality Trust has announced that Chairman Archie Bennett, Jr. will retire on his 75th birthday.
December 27, 2012 - Prologis announces executive management transition
Outlet: PR Newswire

Prologis (NYSE: PLD) has announced that Walter Rakowich, co-CEO and member of the executive committee on the board of directors, will retire from both positions.
December 26, 2012 - DivcoWest and TPG Real Estate complete Mission West asset acquisition
Outlet: Yahoo! News

A partnership of San Francisco-based DivcoWest and affiliates of TPG Real Estate has completed its purchase of the majority of the assets in a Silicon Valley portfolio owned by Mission West Properties.
December 23, 2012 - Cushman & Wakefield releases 2013 office outlook
Outlet: Individual.com

While the first half of 2013 is expected to remain stable for office space demand across the country, positive demand conditions will resume towards the second half of 2013, according to the 2013 Office Outlook, released by Cushman & Wakefield.
December 23, 2012 - Alony Hetz to invest $300 million in Washington, D.C., properties
Outlet: Globes Online

Alony Hetz Property and Investments has signed a non-binding term sheet to invest in Carr Properties Inc., an income-producing real estate development and management company in the greater Washington, D.C., area.
December 21, 2012 - Buchanan to invest $100 million in Phoenix
Outlet: GlobeSt.com

As part of a plan to invest more than $100 million in Phoenix-area property over the next year, Buchanan Street Partners has purchased a 66,800-square-foot office/flex building at 8388 E. Hartford Dr. in Scottsdale from H-B Perimeter.
December 21, 2012 - Forest City, Arizona State Retirement System launch $400 million fund for multifamily development
Outlet: PR Newswire

Forest City Enterprises and the Arizona State Retirement System have created a strategic capital partnership and a $400 million equity fund that will invest in multifamily development projects primarily in five core markets: New York City, Washington
December 21, 2012 - Vornado acquires a 58.75 percent interest in Independence Plaza in Tribeca
Outlet: Business Wire

Vornado Realty Trust has acquired a 58.75 percent interest in Independence Plaza, a 1,328 unit residential complex in the Tribeca submarket of Manhattan which has 54,500 square.
December 21, 2012 - Harrison Street launches fourth opportunistic fund
Outlet: Institutional Real Estate Newsline

Harrison Street Real Estate Capital has launched a fourth fund for its opportunistic Harrison Street Real Estate Partners fund series.
December 21, 2012 - German investment fund pays $86.4 million for 2175 K St. NW
Outlet: Washington Business Journal - Online

A fund managed by Deka Immobilien has acquired 2175 K St. NW for $86.4 million.
December 21, 2012 - Stake in Times Square space fetches $100 million
Outlet: KFSN-TV - Online (press release)

Walton Street Capital has sold its majority stake in the retail condominium at 1466 Broadway for over $100 million.
December 21, 2012 - Ashford Hospitality Trust And Prudential Real Estate Investors complete $103 million financing on hotel
Outlet: PRNewswire

Ashford Hospitality Trust, along with its joint venture partner, Prudential Real Estate Investors, has closed a $103.0 million loan secured by the Hilton Boston Back Bay Hotel in Boston.
December 21, 2012 - Buyer to pay $275 million for Congress Plaza
Outlet: Crain's Chicago Business

A joint venture of two New York-based investment firms has agreed to pay $275 million for the Congress Plaza Hotel.
December 21, 2012 - BTB's total asset value grows to $500 million following its acquisition of three properties
Outlet: PR Newswire - Online

BTB Real Estate Investment Trust has closed the acquisition of one office property in the City of Ottawa, Ontario, and two retail and office properties in the Cities of Dollard-des-Ormeaux, Montreal, and Saint-Jean-sur-Richelieu, province of Québec,
December 21, 2012 - Brookfield Completes $886 Million Acquisition of Verde Realty
Outlet: Sys-Con Deutschland

Brookfield has closed the acquisition of a majority ownership position in Verde Realty
December 21, 2012 - School Construction Authority pays $76.4 million for New York by Gehry school building
Outlet: The Real Deal

New York City School Construction Authority has purchased the first five stories of New York by Gehry for a shade over $76 million.
December 21, 2012 - One Kendall Square office for sale with $360 million price tag
Outlet: The Boston Globe

The owners of the One Kendall Square office, retail, and cinema complex in Cambridge are putting the property up for sale, seeking to cash in on rising demand for real estate in the fast-growing district.Beal Cos. and Rockwood Capital are hoping to get upward of $360 million for the nine-building complex.
December 21, 2012 - Taubman Centers boosts stake in Florida retail developments for $514.6 million
Outlet: Crains Detroit

Taubman Centers has increased its stake in two Florida retail developments for a combined $514.6 million.
December 21, 2012 - Bronx, N.Y., affordable-apartment property fetches $137.2 million
Outlet: Commercial Real Estate Direct

An affiliate of Omni New York LLC has paid $137.2 million for an apartment complex in Bronx, N.Y.
December 21, 2012 - BU confirms sale of Hotel Commonwealth for $79 million
Outlet: Boston Herald

Boston University (BU) confirmed today its sale of Hotel Commonwealth in Boston’s Kenmore Square for $79 million.
December 21, 2012 - TIAA-CREF Invests with Forest City Ratner Cos. and the INDURE Fund
Outlet: Individual.com

TIAA-CREF has acquired a 49 percent equity ownership in the residential portion of New York by Gehry at Eight Spruce Street.
December 20, 2012 - Tennessee Pension Fund buys 343 Sansome
Outlet: Registry - Online, The

Nashville-based Tennessee Consolidated Retirement System has paid $105.75 million to acquire the 260,000-square-foot 343 Sansome office building in downtown San Francisco.
December 20, 2012 - Norway Oil Fund Buys $1.6 billion stake in industrial real estate portfolio
Outlet: Fox Business Network - Online

Norway's sovereign-wealth fund has made another investment in property, buying a half share in a portfolio of industrial properties from Prologis.
December 20, 2012 - Westcore Properties and DRA Advisors close $600 million industrial acquisition
Outlet: Individual.com

Westcore Properties has increased its U.S. commercial real estate holdings to more than 24 million square feet with its purchase of an 11.1-million-square-foot industrial portfolio in California and the Midwest from the Joe Benvenuti Co.
December 20, 2012 - DiamondRock closes $74 million secured financing on The Westin Washington D.C. City Center Hotel
Outlet: WAVE-TV - Online

DiamondRock Hospitality Co. has closed on a $74 million loan secured by a mortgage on its Westin Washington D.C. City Center hotel. The loan bears interest at a fixed rate of 3.99 percent and has a term of 10 years.
December 20, 2012 - Terranova/Acadia team completes $139 Million Lincoln Road buy
Outlet: Individual.com

In the largest Florida retail acquisition of 2012, affiliates of Terranova Corp. and Acadia Realty Trust have acquired a $139 million, three building portfolio on Lincoln Road in Miami Beach.
December 20, 2012 - Fortress close Fortress Japan Opportunity Fund II
Outlet: Individual.com

Fortress Investment Group has held a final close for its Fortress Japan Opportunity Fund II with approximately $1.65 billion in equity commitments.
December 20, 2012 - Sabeer Bhatia launches new IT venture for US real estate
Outlet: Financial Chronicle - Online

Hotmail founder Sabeer Bhatia announced the launch of his new company under the name AMP Technologies, which will specialize in products and services for the U.S. commercial real estate industry.
December 20, 2012 - Prudential Capital Partners raises $1.15 billion for its fourth mezzanine fund
Outlet: Business Wire - Online

Prudential Capital Partners has raised $1.15 billion for its fourth mezzanine fund, Prudential Capital Partners IV, exceeding its $1 billion fund raising target and bringing to more than $3.5 billion the amount raised since 2000.
December 20, 2012 - Transwestern hires Peter Marcin and Matt Lynch
Outlet: iStockAnalyst

Transwestern has expanded its Mid-Atlantic service offering with the addition of a Government Services team. Peter Marcin and Matt Lynch, veterans in the GSA and private sector, will serve as leaders of the Government Services Group based in Washingt
December 20, 2012 - Canada among most desirable destinations by both local and foreign real estate investors
Outlet: Building - Online

As the global economy is plowing through challenges and uncertainties still lingering from the last recession, Canadian commercial real estate investors are optimistic about market conditions, yet somewhat cautious about taking on more risk, accordin
December 20, 2012 - LIG Assets partners with hedge fund to buy commercial real estate
Outlet: Dallas Business Journal

Dallas-based LIG Assets Inc. has partnered with Texas Real Estate Hedge Fund LP to invest, acquire, manage and finance commercial real estate properties priced between $5 million to $100 million.
December 20, 2012 - Sutton and Sitt partner to buy 529 Broadway for about $150 MILLION
Outlet: Real Deal, The

Two of the city’s most active retail investors, Jeff Sutton and Joseph Sitt, have partnered to buy 529 Broadway, a centrally located commercial property in Soho, for about $150 million.
December 20, 2012 - Behringer Harvard shops office complex in Burlington
Outlet: Boston Business Journal

Behringer Harvard, a commercial real estate investor based in Texas, has tapped the capital markets team at Cushman & Wakefield to sell a 270,000-square-foot office complex along Wayside drive in Burlington.
December 20, 2012 - Crow Holdings Capital Partners' raises $604 million for sixth fund
Outlet: Institutional Real Estate Newsline

Crow Holdings Capital Partners has raised approximately $604 million in equity commitments for its Crow Holdings Realty Partners VI.
December 20, 2012 - CBRE raises $261 million for Asia fund
Outlet: Institutional Real Estate Newsline

CBRE Global Investors has raised approximately $261 million for CBRE Asia Value fund, formerly ING Real Estate Asia Value Fund.
December 20, 2012 - WNC closes $124.5 million low-income housing tax credit fund
Outlet: Institutional Real Estate Newsline

WNC, a national investor in community renewal and affordable housing projects, has held a $124.5 million final close for its WNC Institutional Tax Credit Fund 37.
December 20, 2012 - LaSalle Investment to pay $190 million for Onterie Center
Outlet: Chicago Business Journal

LaSalle Investment Management has agreed to buy Onterie Center, a 60-story apartment tower in Streeterville, for about $190 million.
December 20, 2012 - Transwestern expands southeast region with addition of veteran Bo Jackson as managing director
Outlet: PR Newswire - Online

Bo Jackson has joined Transwestern as managing director and partner. He will be based in the Atlanta office.
December 20, 2012 - Prologis forms €2.4 billion joint venture with Norges Bank Investment Management in Europe
Outlet: Press Release

Prologis has signed a definitive agreement to form Prologis European Logistics Partners Sàrl, a euro-denominated joint venture. The venture will acquire a portfolio of high-quality distribution facilities wholly owned by Prologis in 11 target Europea
December 20, 2012 - Partners Group gathers $500 million for two real estate funds
Outlet: Press Release

Partners Group, the global private markets investment manager, has seen continued demand from clients for its private real estate programs, closing both Direct Real Estate 2011 as well as Asia-Pacific Real Estate 2011 in fourth quarter 2012. Combined
December 19, 2012 - Dexus sells U.S. industrial portfolio for $561 million
Outlet: Press Release

Dexus Property Group has announced the sale of the majority of its US industrial portfolio at a significant premium to prior book value. In two separate transactions, 26 of 27 U.S. properties have been sold, comprising 23 U.S. industrial properties a
December 19, 2012 - Liberty acquires $74 million in industrial buildings
Outlet: Tampa Bay Business Journal - Online

Liberty Property Trust has completed a $74 million transaction to acquire 12 industrial properties in Tampa and Lakeland, totaling about 1.2 million square feet.
December 19, 2012 - Taubman buys additional interests in International Plaza and Waterside Shops
Outlet: PR Newswire - Online

Taubman Centers has announced the acquisition of an additional 49.9 percent interest in International Plaza and an agreement to acquire an additional 25 percent interest in Waterside Shops.
December 19, 2012 - Take advantage In Europe with core real estate investment, says Lasalle
Outlet: Civic & Public Building Specifier - Online

Real estate investors will continue to encounter low interest rates, muted inflation and sluggish growth in most of the world’s major real estate markets for at least the next couple of years according to the 2013 LaSalle Investment Management Invest
December 19, 2012 - Hines/Oaktree buy Irvine Corporate Center from SunAmerica
Outlet: Press Release

Hines and a subsidiary of a real estate fund managed by Oaktree Capital Management have acquired Irvine Corporate Center, an office building within the Irvine Business Complex, from Sunamerica Life Insurance Co.
December 19, 2012 - Harvard sells Arsenal St. Complex in Boston to Athenahealth
Outlet: CoStar Group

Harvard University agreed to sell Arsenal on the Charles, an 11-building complex on Arsenal Street in Boston’s Waltham/Watertown submarket, to local health care IT firm Athenahealth.
December 19, 2012 - West 44th Street building site fetches $50 million
Outlet: Crains New York

DHA Capital, USAA Real Estate Co. and Crimson Real Estate Fund buys 546 W. 44th St.
December 19, 2012 - Chartwell announces termination of the agreement to sell six of Its U.S. properties
Outlet: PR Inside

Chartwell Seniors Housing Real Estate Investment Trust has terminated its agreement to sell its 100 percent ownership in six U.S. properties aggregating 1,221 independent living suites located in Michigan, Tennessee, Oklahoma, Alabama and Ohio to Har
December 19, 2012 - Eagle Rock raises $114 million
Outlet: Institutional Real Estate Newsline

UOB Eagle Rock Multifamily Property Fund, a core-plus multifamily fund managed by New York City–based real estate manager Eagle Rock Advisors, has raised approximately $114.6 million.
December 18, 2012 - Canada Pension Plan Investment Board signs agreement to acquire 50 percent of Swedish shopping center
Outlet: Marketwire

Canada Pension Plan Investment Board has signed an agreement to jointly acquire Kista Galleria Shopping Center in Stockholm, Sweden alongside Citycon Oyj, a major owner and operator of shopping centers in the Nordic and Baltic countries.
December 18, 2012 - Ivanhoe Cambridge signs exclusivity on Areva HQ
Outlet: PropertyEU - Online

Canadian property group Ivanhoe Cambridge has entered into exclusive talks with Groupe Industriel Marcel Dassault on the sale of an office property in Paris.
December 18, 2012 - BlackRock buys U.K. property funds from Deutsche Bank’s RREEF
Outlet: Bloomberg News - Online

BlackRock has agreed to buy U.K. property funds run by Deutsche Bank AG (DBK)’s RREEF real estate affiliate.
December 18, 2012 - Sun Communities buys 11 Morgan RV Resorts
Outlet: RV Business - Online

Sun Communities Operating Limited Partnership (SCOLP), the primary operating subsidiary of Sun Communities and newly formed wholly owned subsidiaries of SCOLP, has entered into an agreement to purchase 11 Morgan RV resorts for $135 million.
December 18, 2012 - LTC acquires six properties for $94 million
Outlet: San Fernando Valley Business Journal - Online

LTC Properties has purchased six additional properties for $94 million.
December 18, 2012 - Natixis lends $109 million for Manhattan Residential Development
Outlet: Commercial Real Estate Direct

Natixis Real Estate Capital has provided $109 million of mortgage financing against a proposed residential high-rise in Manhattan.
December 18, 2012 - GI Partners announces acquisition of Liberty Park at Tysons
Outlet: PR Newswire - Online

GI Partners has acquired Liberty Park at Tysons, a 225,038 square foot mission critical data center and office property located in Vienna, Va. The acquisition was made through TechCore, a $500 million discretionary core real estate fund launched earl
December 17, 2012 - Kilroy sells off entire industrial portfolio to TIAA-CREF and LBA
Outlet: Rentv.com

Kilroy Realty Corp. has sold off its entire industrial portfolio along with two smaller office projects, totaling roughly 3.7 million square feet. The 44 SoCal properties sold for $355 million and were sold in two tranches to two institutional buyer.
December 17, 2012 - Vincent Schettler joins Colliers International as senior vice president
Outlet: Nevada Business Magazine - Online

Colliers International has hired Vincent Schettler as a senior vice president within the company’s land division. He will be based in Las Vegas.
December 17, 2012 - Kilroy Realty closes $355 million portfolio sale
Outlet: RTTNews.com

Kilroy Realty Corp. has closed the disposition of its entire industrial portfolio and two small office projects, which in aggregate total approximately 3.7 million square feet.
December 17, 2012 - ARC Properties, ARCT III will join in $3 billion merger
Outlet: PR Newswire

American Realty Capital Properties (ARCP) and American Realty Capital Trust III have announced they have signed a definitive merger agreement under which ARCP will acquire all of the outstanding shares of ARCT III in a transaction that would result i
December 17, 2012 - Healthcare Trust appoints Susan Dorr regional vice president
Outlet: PR Newswire - Online

Healthcare Trust of America has appointed Susan Dorr as regional vice president of southeast region.
December 16, 2012 - CBRE arranges $212 million in financing for Virginia office complex
Outlet: Commercial Property Executive - Online

CBRE Capital Markets has announced it arranged $212 million in financing for Metro Park, a trophy-class office portfolio in Alexandria, Va. CBRE worked exclusively on behalf of Clarion Partners.
December 16, 2012 - San Francisco office costs see steepest rise in the world
Outlet: Financial Chronicle - Online

The cost of occupying office space in San Francisco soared the most of any market in the world as technology companies such as Salesforce.com and Mozilla fueled leasing in the city, according to broker CBRE Group.
December 14, 2012 - Art deco Beekman Tower Hotel fetches $85 million
Outlet: Crain's New York Business - Online

A partnership between Silverstein Properties, Fisher Brothers and Capstone Equities has purchased the Beekman Tower Hotel just north of First Avenue for approximately $85 million.
December 14, 2012 - J.P. Morgan lends $200 million for Gramercy team's portfolio purchase
Outlet: Commercial Real Estate Direct

J.P. Morgan Chase Bank has provided $200 million of financing to a venture of Gramercy Capital Corp. and Garrison Investment Group.
December 14, 2012 - TIAA-CREF sells two Maryland industrial buildings for $77.5 million
Outlet: Commercial Real Estate Direct

A venture of Hillwood Investment Properties and Brookfield Asset Management has paid $77.5 million for two industrial properties.
December 14, 2012 - $96.7 million loan against N.J. office building defaults at maturity
Outlet: Commercial Real Estate Direct

A $96.7 million loan against the 418,026-square-foot One Newark Center in downtown Newark, N.J., defaulted when it matured Dec. 1.
December 14, 2012 - Primaris CEO fights back against bid
Outlet: Business News Network - Online

Primaris Retail REIT chief executive John Morrison has a sharp warning for the management team at KingSett Capital led consortium after it launched a $4.4-billion-takeover bid for the company.
December 14, 2012 - PSERS commits $150 Million to debt funds
Outlet: Institutional Real Estate Newsline

The $51 billion Pennsylvania Public School Employees' Retirement System (PSERS) has committed $75 million each to LEM Real Estate High-Yield Debt and Preferred Equity Fund III and Latitude Management Real Estate Capital III.
December 14, 2012 - CBRE forecasts uptick in industrial space demand and rents
Outlet: Institutional Real Estate Newsline

The U.S. industrial real estate market is still recovering from the economic downturn, but growth in technology, domestic energy and global trade will help encourage demand in the warehouse and distribution sectors, CBRE Group forecasts.
December 14, 2012 - Transwestern welcomes new EVP in Chicago
Outlet: nreionline.com

Michael Lirtzman joined Transwestern as executive vice president and leader of the Chicago office agency leasing team.
December 14, 2012 - Macquarie launches $1.15 billion real estate trust on Mexican Exchange
Outlet: Fox Business Network - Online

Macquarie Group's Mexican real estate arm launched a $1.15 billion real estate investment trust on the Mexican stock exchange Friday, pricing shares in the trust at 25 pesos ($1.96). In a filing with the local exchange, Macquarie Mexico Real Estate M
December 14, 2012 - GI Partners buys San Diego data center
Outlet: Datacentres.com

GI Partners, a U.S. private equity firm, has announced the acquisition of a data centre and office building in San Diego.
December 14, 2012 - San Francisco office costs increase the most in the world
Outlet: Bloomberg Businessweek - Online

The cost of occupying office space in San Francisco soared the most of any market in the world as technology companies such as Salesforce.com and Mozilla Corp. fueled leasing in the city, according to broker CBRE Group.
December 14, 2012 - Joint venture between Driftwood Hospitality Management and Apollo Global Real Estate acquires DoubleTree Suites
Outlet: E-Hospitality.com

Driftwood Hospitality Management and Apollo Global Real Estate Management (AGRE) have acquired DoubleTree Suites by Hilton Columbus Downtown. This is the fifth property acquired through a joint venture between Driftwood and AGRE formed in July 2011 t
December 13, 2012 - Cassidy Turley Capital markets executives in D.C. earn promotions
Outlet: Citybizlist Washington DC

Cassidy Turley has promoted William Collins and Paul Collins, leaders of the Washington, D.C., Capital Markets team, to Vice Chairmen, and also promoted Washington, DC, Capital Markets executives Drew Flood, James Cassidy and Jud Ryan to Executive Ma
December 13, 2012 - William Collins, Paul Collins promoted to vice chairmen of Cassidy Turley
Outlet: Press Release

Cassidy Turley, a leading commercial real estate services provider in the U.S., has promoted William Collins and Paul Collins, leaders of the Washington, D.C., capital markets team, to vice chairmen, and also promoted Washington, D.C., capital market
December 13, 2012 - Healthcare Trust of America expands asset management team
Outlet: PR Newswire - Online

Healthcare Trust of America has hired Chelsea Maddox as director of leasing of South/Southwest Region.
December 13, 2012 - San Fran office trade equals $159 million
Outlet: GlobeSt.com

The 21-story 475 Sansome St. office tower here in downtown San Francisco has changed hands.
December 13, 2012 - Bainbridge, Partners Group buy Alexandria apartments for $139 million
Outlet: Commercial Property Executive

Bainbridge Companies LLC affiliates have partnered with Switzerland's Partners Group to make an acquisition in the Washington, D.C., metro apartment market.
December 13, 2012 - Orbital Sciences Campus trades for $86 million
Outlet: GlobeSt.com

Select Income REIT (NYSE:SIR) has paid $85.6 million to buy a three-building class A office complex named the Orbital Sciences Campus in Sterling, Va.
December 13, 2012 - 2013: LaSalle predicts low interest rates, low inflation and low growth scenario
Outlet: Investment Europe

Real estate investors will continue to encounter low interest rates, muted inflation and sluggish growth in most of the world's major real estate markets for at least the next couple of years according to the 2013 LaSalle Investment Management outloo
December 13, 2012 - MetLife to acquire Constitution Center for $744 million
Outlet: Washington Business Journal - Online

MetLife closed its acquisition of Constitution Center in Southwest D.C. for $734 million
December 13, 2012 - Parmenter Realty spends $85 million
Outlet: GlobeSt.com

Parmenter Realty Partners buys two class A office buildings in Tampa Bay.
December 12, 2012 - Canada Pension Plan adds business lines in Asia
Outlet: Asian Investor

The investment manager for Canada Pension Plan has added two new business lines in Asia and is seeking further hires as it strives to increase its on-the-ground capabilities in the region.
December 12, 2012 - Ivanhoe Cambridge aims to expand U.S. portfolio
Outlet: Gazette, The

Top-priced commercial real estate in Canada, driven up by demand for higher returns and fierce competition from real estate investment trusts, has Ivanhoe Cambridge looking to vastly expand its U.S. portfolio through larger deals and a new strategic
December 12, 2012 - Primaris says $4.5 billion takeover bid inadequate
Outlet: Bloomberg News

Primaris Retail Real Estate Investment Trust, a Toronto-based shopping mall owner that received a takeover bid last week, said the unsolicited offer undervalues the company.
December 12, 2012 - U.S. giant Starwood raises £228 million in London IPO
Outlet: Daily Telegraph, The

U.S. hotel and real estate giant Starwood has defied the stock market gloom and raised £228.5 million in the U.K.'s second biggest initial public offering this year.
December 12, 2012 - Lennar to borrow $1.7 billion from Chinese bank
Outlet: Miami Herald - Online, The

Miami-based Lennar Corp. has gotten approval on $1.7 billion in loans from China Development Bank to fund the development and construction of two major projects in San Francisco.
December 12, 2012 - Developer nixes Walmart, but continues with downtown Athens project
Outlet: Online Athens

A new proposal, without a Walmart or a grocery store, was unveiled Wednesday for the 9-acre Armstrong & Dobbs tract east of downtown Athens.The project is expected to cost about $80 million and would open in late 2015.
December 12, 2012 - Illinois Teachers commits $50 million to China fund, makes new hires
Outlet: Institutional Real Estate Newsline

The $37.5 billion Teachers' Retirement System of the State of Illinois commits $50 million to Gateway Real Estate Fund IV, an opportunistic, value-added fund.
December 12, 2012 - W. P. Carey announces first Japanese transaction
Outlet: Market Watch, press release

W. P. Carey (NYSE: WPC ) have acquired a warehouse and distribution center as well as the 32 acres of land under the two adjacent buildings and the surrounding site that comprise a document/media storage campus located in Saitama Prefecture, Japan.
December 12, 2012 - Prologis board of directors approves sponsorship of J-REIT
Outlet: Press Release

Prologis (NYSE:PLD) has approved the sponsorship of a Japanese real estate investment trust (J-REIT) to serve as a long-term investment vehicle for modern logistics facilities developed by Prologis in Japan.
December 12, 2012 - Russell Investments' 2013 Global Outlook: Risk-on/risk-off scenario likely to continue amid modestly positive gains
Outlet: Press Release

Russell Investments' team of global investment strategists has released the firm's 2013 Annual Global Outlook, highlighting core expectations for capital markets as well as a point of view on six central issues for the coming year.
December 12, 2012 - Manhattan's Sony building fetching bids of more than $850 million
Outlet: Commercial Real Estate Direct

Bids of more than $850 million for Manhattan building.
December 12, 2012 - Lone Star bags German state assets for €1.1 billion
Outlet: Bloomberg News

U.S. private equity firm Lone Star has bought a mixed-asset portfolio from German state-owned property company TLG Immobilien for €1.1 billion.
December 11, 2012 - TMRS commits $300 million to core vehicles
Outlet: Institutional Real Estate Newsline

The $20.1 billion Texas Municipal Retirement System (TMRS) has increased its core exposure with a total of $300 million in investments to four real estate funds.
December 11, 2012 - LGT Capital Partners acquires Clerestory Capital Advisors
Outlet: Press Release

LGT Capital Partners has acquired Clerestory Capital Advisors, a New York‐based investment and advisory firm that provides investors with global access to real estate via funds, co‐investments and secondary investments.
December 11, 2012 - TIAA-CREF buys Manhattan tower for $250 million
Outlet: Wall Street Journal

TIAA-CREF has agreed to buy a 76-story apartment building in lower Manhattan tower for $250 million.
December 11, 2012 - KDC to develop $1.5 billion office, retail, apartment project in Richardson
Outlet: Dallas Business Journal

Dallas-based KDC has acquired 186 acres of land by the end of the year for a $1.5 billion master-planned project.
December 10, 2012 - Eagle Hospitality's secured lender takes ownership of 13 hotels
Outlet: PR Newswire

Eagle Hospitality Properties Trust's secured lender, an affiliate of Blackstone Real Estate Partners VII, has taken ownership of Eagle Hospitality's entire portfolio of 13 hotels.
December 10, 2012 - Rick Kimball appointed managing director of New England region
Outlet: PR Newswire

Avison Young has named Rick Kimball as managing director of its New England operations.
December 10, 2012 - Parmenter Realty Partners makes seventh acquisition for Fund IV
Outlet: Business Wire

--Parmenter Realty Partners has acquired two class A office buildings on Rocky Point in the Westshore submarket of Tampa Bay, Fla.
December 10, 2012 - Mission Valley Marriott sold to Carey Watermark Investors
Outlet: U-T San Diego

The 317-room Courtyard by Marriott hotel in Mission Valley has been sold for nearly $90 million to investors with no plans for major changes.
December 10, 2012 - CalPERS real estate investments return 14.3 percent
Outlet: Pensions&Investments – Online

CalPERS’ real estate investments returned 14.3% for the 12 months ended June 30.
December 10, 2012 - CBRE hires Marina Massari as executive vice president in debt and equity finance group
Outlet: Press Release
December 10, 2012 - Metro Park secures $212 million in financing
Outlet: Press Release

Metro Park, a 37-acre trophe class office portfolio, located in Virginia, has secured $212 million in financing. CBRE Capital Markets helped secure the financing.
December 10, 2012 - Jefferson at Capitol Yards trades for $166 million
Outlet: Business Journal

A pension fund managed by JPMorgan Chase Bank N.A. has acquired the Jefferson at Capitol Yards for $166 million.
December 10, 2012 - Vornado closes $707 million Manhattan retail condo purchase
Outlet: Commercial Property Executive - Online

Vornado Realty Trust has purchased 666 Fifth Ave. for $707 million
December 9, 2012 - Essex Property Trust acquires 500-unit San Jose multifamily asset
Outlet: Rentv.com

Essex Property Trust has completed purchasing Willow Lake Apartment Homes for $148 million. The seller was The Sobrato Organization.
December 7, 2012 - Ivanhoé Cambridge joins forces with Callahan Capital Partners
Outlet: Yahoo! Canada

Ivanhoé Cambridge announced today that it has selected Callahan Capital Partners ("CCP") to join forces in the development of its U.S. office real estate platform and the management of its expanding office portfolio in that important market.
December 7, 2012 - L'Auberge Del Mar sells for record price
Outlet: U-T San Diego - Online

The 120-roomL'Auberge Del Mar has been purchased by a real estate investment firm for $76.9 million, a record-breaking sale for California hotel acquisitions this year.
December 7, 2012 - TIAA-CREF pays $551.19 million for Manhattan apartment property
Outlet: Commercial Real Estate Direct

TIAA-CREF has paid $551.19 million for a 70 percent stake in a mixed-used complex in Manhattan.
December 7, 2012 - Ivanhoé Cambridge joins forces with Callahan Capital Partners
Outlet: PR Newswire - Online

Ivanhoé Cambridge announced today that it has selected Callahan Capital Partners ("CCP") to join forces in the development of its U.S. office real estate platform and the management of its expanding office portfolio in that important market.
December 7, 2012 - CoStar's people of note (Dec. 2-8)
Outlet: CoStar Group

CoStar's People of Note reports news on significant new CRE hires and promotions. This week, the following companies announced personnel moves: Avison Young, CBRE Group and Cushman & Wakefield | Thalhimer, NAI Global.
December 7, 2012 - CBRE Global Investors holds $1.1 billion final close
Outlet: Institutional Real Estate Newsline

CBRE Global Investors has held a final closing of CBRE Strategic Partners U.S. Value 6, with equity commitments of nearly $1.1 billion.
December 7, 2012 - Carroll Organization holds final close for second fund
Outlet: Institutional Real Estate Newsline

Atlanta-based real estate investment firm Carroll Organization has held a $30 million final close for its Carroll Co-Invest Fund II and sidecar fund for joint venture partners.
December 7, 2012 - Primaris urges unitholders to ‘take no action’ on Kingsett group’s $4.4B takeover bid
Outlet: Gazette (Montreal) - Online, The

Primaris Retail Real Estate Investment Trust, one of Canada’s largest shopping mall operators, has urged its unitholders to take no action in the face of a consortium’s hostile $4.4-billion takeover bid.
December 6, 2012 - GIC to buy Paulson resorts for S$1.8 billion
Outlet: Today Online

he Government of Singapore Investment Corp. is set to acquire a group of resorts owned by hedge fund Paulson & Co. for the sum of US$1.5 billion (S$1.8 billion)
December 6, 2012 - Goodman Property investors approve $186.6M Highbrook deal
Outlet: Scoop Auckland

Unitholders of Goodman Property Trust, the second-biggest property investor on the NZX, voted in favour of the acquisition of remaining shares in Auckland’s Highbrook Business Park for $186.6 million in cash and shares.
December 6, 2012 - Cole acquires Canarsie Plasa for $124 million
Outlet: Press Release

Cole Real Estate Investments (Cole), a diversified real estate company, announced it has acquired Canarsie Plaza, an approximately 278,000-square-foot shopping center located in the Canarsie neighborhood of Brooklyn.
December 6, 2012 - Primaris CEO blindsided by hostile bid, calls offer insufficient
Outlet: Business News Network - Online

The CEO of Primaris Retail REIT was blindsided by the hostile $4.4-billion bid for the company that he runs. Now he's fighting back, saying the bid is insufficient given the company's prospects, especially as Target Corp. enters the market.
December 6, 2012 - Vornado completes acquisition of retail at 666 Fifth Avenue
Outlet: Press Release

Vornado Realty Trust (NYSE:VNO) has completed its previously announced acquisition of the retail condominium located at 666 Fifth Avenue at 53rd Street for $707 million, expanding its best-in-class Manhattan street retail portfolio to 2.3 million squ
December 6, 2012 - Select Income REIT acquires Orbital Sciences head quarters $85.6 million
Outlet: CityBizList

Select Income REIT has acquired three single tenant, net leased office properties totaling 337,228 rentable square feet in Sterling, Va., for $85.6 million.
December 6, 2012 - Bank of China joins overseas peers in $950 million CMBS deal
Outlet: Individual.com

Bank of China has sold $950 million commercial-mortgage-backed securities with a couple of banks at the end of last month, becoming the first Chinese bank to tap into the US securitization market.
December 5, 2012 - Avison Young names Matthew Dolly vice president
Outlet: National Real Estate Investor - Online

Avison Young has named Matthew Dolly vice president of research in the company’s Morristown, N.J., office.
December 5, 2012 - Hawaiian developer plans to build $200 million condominium
Outlet: Business Journal, The

Hawaii developer Marshall Hung won approval Wednesday from a state agency to build a $200 million high-rise affordable condominium on the site of the former Honolulu Advertiser building.
December 5, 2012 - Northwestern Mutual selects downtown Milwaukee for $300 million office tower
Outlet: Press Release

Northwestern Mutual will build a $300 million office tower to replace its existing 16-story building in downtown Milwaukee.
December 5, 2012 - Athenahealth to buy Arsenal for $168.5 million
Outlet: Boston Herald

Athenahealth has an agreement to buy the Arsenal on the Charles development in Watertown for $168.5 million to expand its headquarters.
December 5, 2012 - Salans, SNR Denton and FMC Law firms to combine to form global real estate platform
Outlet: Press Release

Law firms Salans, SNR Denton and Fraser Milner Casgrain have agreed to combine to create a new global law firm, which will be known as Dentons.
December 5, 2012 - Riverstone Residential Group announces senior vice president appointments
Outlet: PRWeb

Riverstone Residential Group has appointed Lesa LaRocca and Mark McElvai.
December 5, 2012 - Simon Property acquires 100 percent ownership of two outlet centers
Outlet: iStockAnalyst

Simon Property Group has completed the acquisition of Paragon Outlets Grand Prairie in Grand Prairie, Texas, and Paragon Outlets Livermore Valley in Livermore, Calif.
December 5, 2012 - Rockpoint Fund IV raises $1.2 billion
Outlet: Insitutional Real Esate Newsline

Rockpoint Real Estate Fund IV has raised approximately $1.2 billion in equity commitments.
December 5, 2012 - Canada's KingSett leads C$2.6 billion bid for Primaris REIT
Outlet: Yahoo! Canada

A consortium led by Canada's KingSett Capital will offer about C$2.6 billion ($2.62 billion) to acquire Primaris Retail REIT to bolster its portfolio of Canadian shopping malls.
December 5, 2012 - RioCan enters agreement to purchase $1.1 billion retail portfolio
Outlet: Building - Online

RioCan Real Estate Investment Trust has entered into a purchase and sale agreement to acquire a $1.1 billion portfolio of Canadian retail properties including five regional malls andthree grocery-anchored unenclosed shopping centers
December 5, 2012 - Ivanhoé Cambridge acquires two London multiresidential properties
Outlet: Press Release

Ivanhoé Cambridge has acquired majority ownership interests in two multiresidential complexes, Peony Court and Chantrey House, respectively in South Kensington and Belgravia.
December 4, 2012 - American Realty acquire 153 Townsend in San Francisco
Outlet: PR Inside (press release)

American Realty Advisors has acquired 153 Townsend, a class A office building in the vibrant SoMa district, San Francisco. The sales price was not disclosed.
December 4, 2012 - Invesco purchases Williams Tower for $420 million
Outlet: Business Journal (Houston)

Dallas-based Invesco Real Estate is purchasing trophy skyscraper Williams Tower for $420 million, according to information from industry trade publication Real Estate Alert and reported by the Houston Chronicle.
December 4, 2012 - Kylie Rampa appointed to managing director
Outlet: Institutional Real Estate Newsline

Kylie Rampa has been appointed to managing director at Australia-based Lend Lease.
December 4, 2012 - Highwoods Properties acquires EQT Plaza in downtown Pittsburgh
Outlet: Daily Herald - Online (press release)

Highwoods Properties has acquired EQT Plaza, a 32-story, 616,000 square foot, class A multi-tenant office building located in the heart of CBD Pittsburgh, for $99.2 million.
December 4, 2012 - Property Group Partners acquires fee interest for $1.3 billion development
Outlet: Press Release

Property Group Partners has acquired the fee interest for $1.3 Billion Capitol Crossing Project in Washington, D.C.
December 4, 2012 - Charlie Bentzer joins Beech Street
Outlet: Press Release

Charlie Mentzer has joined Beech Street Capital as office manager.
December 4, 2012 - Tarun Chandran joins VLP
Outlet: Press Release

VLP Law Group has announced the expansion of its real estate practice with the addition of Tarun Chandran, who joins as a partner based in Chicago.
December 4, 2012 - Illinois Teachers' issues RFP, posts positive real estate returns
Outlet: Institutional Real Estate Newsline

The $36.3 billion Teachers' Retirement System of the State of Illinois (TRS) has issued an RFP for a separate account manager with industrial experience to manage a commitment projected to be at $200 million.
December 4, 2012 - Todd Weinstein joins Cushman & Wakefield
Outlet: Virginia Business - Online

Todd Weinstein has joined the Richmond office of Cushman & Wakefield | Thalhimer as a senior vice president in the Capital Markets Group.
December 4, 2012 - CBRE CEO retires
Outlet: Zacks.com

CBRE Group has announced the retirement of its CEO, Brett White.
December 4, 2012 - SL Green-led venture makes first Brooklyn residential investment
SL Green Realty Corp (NYSE: SLG) has acquire a newly completed vacant residential building in the Williamsburg section of Brooklyn. The transaction is expected to close in first quarter 2013.
December 4, 2012 - Parkway plans to buy three office towers for $228 million
Outlet: Orlando Business Journal - Online

Parkway Properties has three office buildings in the Houston, Atlanta and Charlotte areas under contract to buy by the end of this year for a total of $228 million.
December 4, 2012 - Canadian office vacancy rates fall, Calgary most active - The Globe and Mail
Outlet: Globe and Mail - Online, The

A still-challenging economy from mid-2011 to mid-2012 doesn’t appear to have hurt the corporate real estate market in most of Canada’s major cities, says a new report.
December 3, 2012 - CBRE promotes Armstrong
Outlet: CoStar Group

Kevin Armstrong has been promoted to managing director and market leader at the Milwaukee, Wis., office of CBRE.
December 3, 2012 - Phoenix Tower office building under contract
Outlet: Prime Property

Parkway Properties is under contract to buy Phoenix Tower, a 26-story office building in the Greenway Plaza area, for $124.5 million.
December 3, 2012 - Grandbridge completes purchase of commercial real estate firm
Outlet: PR News

Grandbridge Real Estate Capital, a wholly-owned subsidiary of BB&T Corp., has completed the purchase of Dwyer-Curlett & Co., a leading commercial real estate finance firm with three offices in southern California.
December 3, 2012 - TCDRS commits $50 million to Rockpoint fund
Outlet: Institutional Real Estate Newsline

The $17.6 billion Texas County & District Retirement System (TCDRS) has committed $50 million to Rockpoint Real Estate Fund IV.
December 3, 2012 - American Campus acquires $862.8 million Kayne Anderson portfolio
Outlet: Business Wire - Online

American Campus Communities has completed the acquisition of 19 select student housing properties with 12,049 beds for $862.8 million.
December 3, 2012 - Host Hotels & Resorts acquires five hotels for €440 million
Outlet: PR Newswire

Host Hotels & Resorts has announced that the second fund of the company's joint venture in Europe acquired five hotels from Whitehall comprising 1,733 rooms in two countries for approximately €440 million.
December 2, 2012 - Robert Sulentic becomes CBRE Group president and CEO
Outlet: Press Release

CBRE Group has announced that Robert Sulentic assumed the position of president and CEO on Dec. 1, 2012.
November 30, 2012 - Norway Wealth Fund to spend $11 billion to U.S. real estate
Outlet: Bloomberg News

Norway’s $660 billion sovereign wealth fund, the world’s largest, plans to invest about $11 billion as it enters the U.S. real estate market.
November 30, 2012 - CalSTRS invests $650 million in real estate
Outlet: Institutional Real Estate Newsline

The $155.4 billion California State Teachers’ Retirement System (CalSTRS) has committed $400 million to four funds and formed a $250 million joint venture.
November 30, 2012 - Primaris Retail REIT purchases of two East Coast shopping centers
Outlet: Marketwire - Online

Primaris Retail REIT completed the purchase of Fredericton's Regent Mall and Saint John's McAllister Place for $317.6 million dollars.
November 30, 2012 - BRE Select Hotels Corp. merges with Apple REIT Six in $1.2 billion deal
Outlet: Business Wire

Apple REIT Six has entered into a definitive merger agreement to be acquired by BRE Select Hotels Corp., an affiliate of Blackstone Real Estate Partners VII. The total transaction value, including transaction costs and the assumption or repayment of
November 30, 2012 - JV Plans $136 million redevelopment project in Toronto
Outlet: Commercial Property Executive - Online

RioCan Real Estate Investment Trust, Allied Properties Real Estate Investment Trust and Diamond Corp. have entered into an agreement to purchase the Globe & Mail Lands in Toronto for $136 million.
November 30, 2012 - Brian McAuliffe rejoins CBRE
Outlet: GlobeSt.com

CBRE Group has appointed Brian McAuliffe as senior managing director of the firm’s multi-housing group.
November 29, 2012 - 28-story Seattle office tower fetches $278.7 million
Outlet: Seattle Times - Online

West 8th, a 28-story office tower in the Denny Triangle, was sold Wednesday for $278.7 million.
November 29, 2012 - Cole acquires Encana Oil and Gas building for $120 million
Outlet: RealEstateBusinessOnline

Cole Real Estate Investments has acquired a 318,600-square-foot, Class A office tower in Plano's Legacy Business Park for $120 million.
November 28, 2012 - Stockland hires Mark Steinert as CEO
Outlet: Columbus Dispatch - Online (press release)

Property developer Stocklandhas hired Mark Steinert from UBS AG as its new managing director and chief executive.
November 28, 2012 - Mesa West raises $379 million for third fund
Outlet: Institutional Real Estate Newsline

Los Angeles–based Mesa West Capital has raised approximately $379.2 million for its Mesa West Real Estate Income Fund III.
November 28, 2012 - L3C Capital closes on $115 million multifamily portfolio
Outlet: CoStar Group

L3C Capital Partners has acquired a St. Louis multifamily portfolio totaling 1,447 units for $115 million from DRA Advisors and the Camden Property Trust.
November 28, 2012 - Cole Real Estate buys Dallas-area office for $120 million
Outlet: Dallas Morning News

Cole Real Estate Investments has paid $120 million for the recently completed Encana Oil & Gas tower on the Dallas North Tollway in Legacy business park.
November 27, 2012 - Parmenter pays $85 million for Prudential office towers
Outlet: Law360

Prudential Real Estate Investors have sold the Island Center and Waterford Plaza office buildings on prestigious Rocky Point Island in Tampa, Fla., to Parmenter Realty Partners for $85.5 million.
November 27, 2012 - Sealy & Co. holds first close for strategic equity platform
Outlet: Press Release

Sealy & Co., a Dallas-based commercial real estate investment and operating firm, has held a $130 million initial close for its Sealy Strategic Equity Partners.
November 27, 2012 - HFF closes $106.75 million sale of office portfolio
Outlet: Business Wire - Online

Holliday Fenoglio Fowler (HFF) has closed the $106.75 million sale of a four-property, 362,562-square-foot office portfolio in Boston’s Seaport District.
November 27, 2012 - Weingarten Realty completes sale of industrial division
Outlet: Boston Globe - Online (press release)

Weingarten Realty Investors has closed on the sale of its interests in three industrial joint ventures to Exeter Property Group’s Fund II, which completes the previously announced decision to sell its industrial division.
November 27, 2012 - Sahara India Pariwar completes its $575 million sale
Outlet: Press Release

Sahara India Pariwar, an India-based conglomerate, has completed the purchase of a 75 percent interest in the iconic Plaza Hotel New York from real estate company El Ad US Holdings’ position in the hotel with a total valuation of $575 million.
November 27, 2012 - AXA sells stake in Manhattan office for $402 million
Outlet: Commercial Real Estate Direct

AXA Equitable Life Insurance Co. has sold its 50 percent interest in a 1.7 million-square-foot office building at 1285 Avenue of the Americas in Manhattan for $402 million.
November 27, 2012 - Billionaire Mori plans $1.2 billion real estate investments
Outlet: Bloomberg News

Japanese billionaire Akira Mori plans to buy as much as 100 billion yen ($1.2 billion) in properties in Tokyo, New York and London, his company’s first investment of this scale since 2008, as local real estate values recover and the yen strengthens.
November 26, 2012 - Four Seasons New York owner to keep hotel after $900 million bid
Outlet: NorthJersey.com

Four Seasons Hotel New York owner H. Ty Warner decided not to sell the luxury Manhattan property after receiving an unsolicited bid of about $900 million.
November 26, 2012 - AvalonBay sells Archstone Equity Residential for $16 billion
Outlet: DailyFinance - Online (press release)

Equity Residential and AvalonBay Communities have entered into an agreement with Lehman Brothers Holdings to acquire, for approximately $16 billion, the assets and liabilities of Archstone Enterprise.
November 26, 2012 - W.P. Carey takes KBR Tower in Houston for $174.6 million
Outlet: CoStar Group

A affiliate of W. P. Carey has acquired the 40-story KBR Tower office building in Houston for $174.6 million.
November 25, 2012 - Commercial real estate vacancies slowly declining, rents rising
Outlet: Marketwire

Most of the major commercial real estate sectors show gradually improving fundamentals and are easily absorbing the relatively small amount of new space that is coming online, with a full recovery already in the multifamily market.
November 21, 2012 - Walton Street holds $710 million first close
Outlet: Institutional Real Estate Newsline

Chicago-based Walton Street Capital has held a $710 million initial close for its seventh commingled real estate fund, Walton Street Real Estate Fund VII.
November 21, 2012 - AEW holds $113 million first close for second senior housing fund
Boston-based AEW Capital Management has held a $113 million first close for AEW Senior Housing Investors II, its U.S. value-added fund focused on the senior housing sector.
November 21, 2012 - Montana Board of Investment commits $40 million to value-added funds
Outlet: Institutional Real Estate Newsline

The $8.1 billion Montana Board of Investment has committed $40 million to two value-added funds.
November 21, 2012 - Second Swedish National Pension Fund invests $325 million in American real estate
Outlet: AZoBuild - Online

The Second Swedish National Pension Fund is investing $325 million in the American real estate company, US Office Holdings. The company is jointly owned with the South Korean National Pension Fund, NPS, and an affiliate of the American real estate company, Tishman Speyer.
November 19, 2012 - Blankenship joins Cassidy Turley
Outlet: Institutional Real Estate Newsline

Brad Blankenship has joined Cassidy Turley as managing director of project and development services in Dallas.
November 19, 2012 - Hines promotes Dan Eifert
Outlet: Institutional Real Estate Newsline

Dan Eifert has been promoted to vice president of property management at Hines.
November 19, 2012 - Douglass Lee joins Metropolitan Real Estate
Outlet: Institutional Real Estate Newsline

Douglas Lee has joined Metropolitan Real Estate Equity Management as managing director.
November 19, 2012 - Brilla Group appoints Luis Antonio Marquez-Heine
Outlet: Institutional Real Estate Newsline

Luis Antonio Márquez-Heine has been appointed country manager for Mexico at Brilla Group.
November 19, 2012 - Catherine Rice joins W. P. Carey
Outlet: Institutional Real Estate Newsline

Catherine Rice has joined W. P. Carey as managing director and CFO.
November 18, 2012 - Ivanhoé Cambridge acquires an interest in a Manhattan office tower for over $360 million
Outlet: PR Newswire

Ivanhoé Cambridge has acquired 49.9 percent ownership interest in 1411 Broadway, a 40-storey office tower located in Manhattan, for over US$360 million.
November 15, 2012 - Illinois Municipal invests $225 million in real estate
Outlet: Institutional Real Estate Newsline
November 12, 2012 - Carolyn Sider joins Cassidy Turley
Outlet: Institutional Real Estate Newsline

Carolyn Sider has joined Cassidy Turley as the new senior managing director of market development.
November 12, 2012 - McGann and Mays join City National Bank
Outlet: Institutional Real Estate Newsline

Charlie McGann and Deven Mays have joined City National Bank’s real estate team in the San Francisco Bay Area.
November 12, 2012 - Park Madison promotes Robert Kohn
Outlet: Institutional Real Estate Newsline

Robert Kohn has been promoted partner at Park Madison Partners.
November 12, 2012 - Hines promotes Todd Adams and hires Chris Keber
Outlet: Institutional Real Estate Newsline

Hines promotes Todd Adams and hires Chris Keber.
November 7, 2012 - Westbrook holds $1.6 billion final close
Outlet: Institutional Real Estate Newsline

New York City-based private equity real estate firm Westbrook Partners' latest fund, Westbrook Real Estate Fund IX, has held a final close with approximately $1.59 billion raised in equity commitments.
November 5, 2012 - Peter Schubert joins Transwestern
Outlet: Institutional Real Estate Newsline

Peter Schubert has joined Transwestern as managing director.
November 5, 2012 - Cresa hires Dolores Minardi
Outlet: Institutional Real Estate Newsline

Dolores Minardi has joined Cresa as a senior vice president in the firm’s New York City office.
November 5, 2012 - Parmenter Realty hires new managing director
Outlet: Institutional Real Estate Newsline

Christopher McGrew has been appointed managing director at Parmenter Realty Partners.
November 5, 2012 - Hines promotes Mary McCarthy
Outlet: Institutional Real Estate Newsline

Mary McCarthy has been promoted to senior managing director at Hines.
November 5, 2012 - Jones Lang LaSalle hires Jessica Hughes
Outlet: Institutional Real Estate Newsline

Jessica Hughes has been named managing director at Jones Lang LaSalle.
November 5, 2012 - Cassidy Turley makes two new hires
Outlet: Institutional Real Estate Newsline

Cassidy Turley has hired Diego Arroyave and Beth Lambert-Saul.
October 15, 2012 - Blackstone holds $13.3 billion close
Outlet: Institutional Real Estate Newsline

The Blackstone Group has held a $13.3 billion final close for its opportunistic real estate fund, Blackstone Real Estate Partners VII (BREP VII).
October 1, 2012 - Blackstone Group launches debt strategy fund
Outlet: Institutional Real Estate Newsline

The Blackstone Group launched its latest real estate debt strategy fund, Blackstone Real Estate Debt Strategies II.

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