Institutional Real Estate Newsline
September 12, 2011: Vol. 19, Number 37Buy For $65.00 Add to Cart
Avenida Launches First Institutional Fund
Real estate investment firm Avenida Capital LLC has launched its first institutional fund, Avenida Colombia Real Estate Fund I.
- CommonWealth REIT Completes $390 Million Purchase
Hampshire Holds $339 Million Final Close
The Hampshire Cos. has made a final close of its commingled, discretionary value-added real estate investment fund, Hampshire Partners Fund VIII, with total equity raised of $339 million.
- KKR and Sino-Ocean Establish $140 Million Partnership
Prudential Provides $200 Million for 601 Lexington Ave.
Prudential Mortgage Capital Co. has completed $200 million in financing for 601 Lexington Ave. in New York City.
Sentinel Launches Second Fund in Residential Series
Sentinel Real Estate Corp. has launched the second fund in its valued-added Gotham City Residential Partners series.
Tishman Speyer Acquires Office Property Known as Ice House
Tishman Speyer has added another office property to its Beverly Hills, Calif., portfolio.
Washington REIT Sells Industrial Portfolio for $235.8 Million
Washington REIT (WRIT) (NYSE: WRE) has completed three separate sale transactions involving an aggregate of approximately 2 million square feet of industrial space as well as two office assets.