NKF Capital Markets had represented the venture of Singerman Real Estate and Ocean West Capital Partners in its sale of the Hubb, a 210,482-square-foot creative office property in Long Beach, Calif. As reported, the property, at 100 West Broadway, was ...
Two long-time players in the business of brokering the sale of net-leased properties have launched their own brokerage platform, Brokers+Engineers. The two, Camille Renshaw and Scott Scurich, aim to modernize the brokerage of net-leased properties by building a robust data ...
Eastern Consolidated represented a venture of Whitestar Advisors and VE Equities in the sale of an 82,500-square-foot office property in the Tribeca area of Manhattan. As reported, the venture sold the six-story building, at 13-17 Laight St., between 6th Avenue ...
Commercial Real Estate Direct Staff Report Newmark Grubb Knight Frank, the real estate services operation of BGC Partners, expects to see a 20 percent increase in revenue this year - significantly more than what's expected for the industry itself. ...
Gebroe-Hammer Associates represented Segal & Segal Inc. in the sale of Village Green, a northern New Jersey apartment and retail property, to SDK Apartments. A story published yesterday, "Large Northern N.J. Apartment/Retail Property Sells for $173.45Mln," incorrectly identified the property's ...
Commercial Real Estate Direct Staff Report Hodges Ward Elliott, perennially among the country's most-active sales brokers of hotel properties, is making a push to expand into the office, retail and land sectors. The company, which is headquartered in Atlanta and ...
Newmark Grubb Knight Frank is growing big-time. The former Newmark & Co., which was acquired by BGC Partners Inc. three years ago, so far has grown by acquiring regional brokerage firms and adding seasoned teams. It's planning to continue on ...
HFF has expanded its Philadelphia office with the addition of two managing directors and one senior financial analyst on its debt-placement team. It has hired Ryan Ade and James Conley as managing directors and Christopher Bigos as a senior financial ...
Cushman & Wakefield arranged the sale of the 667,000-square-foot One Kendall Square property in Cambridge, Mass., to DivcoWest. As reported, the San Francisco investment manager paid $395 million, or roughly $592/sf, for the mixed-use property and financed it with a ...
Eric Gelber, a senior vice president of CBRE Group, where he handles the leasing and sales of retail properties in the New York area, will embark on a 48-hour run to raise money for the Multiple Myeloma Research Foundation. Gelber, ...
The Real Deal Joseph Moinian has filed plans with New York City to build a 1,191-unit apartment complex at 605 West 42nd St. in Manhattan. He purchased the site for $120 million in 2005 and started to develop on it, ...
Puget Sound Business Journal Essex Property Trust has paid $19 million, or about $339/unit, for the 56-unit Annaliese apartment project in Seattle. The property, at 110 Sixth Ave. North next to the Seattle Center, opened in 2010. It includes a ...
CB Richard Ellis has been the U.S.' most active investment sales broker this year, handling $11.9 billion of property deals during the first half, according to Real Capital Analytics. A total of $90.6 billion of investment-sales transactions took place during ...
Crain's Chicago Business Chicago developer Krzystof Karbowski has been hit with three foreclosure suits alleging that he defaulted on $4.8 million in loans on apartment buildings in the city. In its lawsuits, RBS Citizens N.A. is claiming that Karbowski failed ...
Commercial Real Estate Direct Staff Report Major brokerage firms are responding to the lack of property transactions by launching units to help clients deal with distressed properties and loans.Grubb & Ellis, Jones Lang LaSalle, CB Richard Ellis, Cushman & Wakefield ...
Commercial Real Estate Direct Staff ReportHollidayFenoglio Fowler saw its revenue drop by more than half in the third quarter, to$31 million from $68 million, a clear indication of the impact the creditmarkets collapse is having on the commercial real estate ...
Meridian Capital Group has opened a Dallas office. The New York mortgage brokerage firm has, so far this year, completed more than $500 million of financings in Texas, prompting it to open the office. It has handled business in the ...
Milwaukee Journal Sentinel Apex Commercial Inc., a Brookfield, Wis., commercial real estate brokerage firm will affiliate itself with Grubb& Ellis Co. The firm can now gain referrals through Grubb & Ellis when out-of-state investors need commercial real estate services in ...
Cushman & Wakefield brokered the $57.6 million sale of the Versailles at Aberdeen Station, a 290-unit apartment complex in Aberdeen, N.J.Avalon Bay Communities purchased the property for its AvalonBay Value Added Fund LP from BlackRock.The property was constructed in 2002 ...
Marcus & Millichap Real Estate Investment Brokerage Co. brokered the $31 million sale of the Laurel Mall in Laurel, Md.The 502,589 square-foot property was purchased by a venture between Somera Capital Management of Los Angeles and AEW Capital Management. The ...
Kansas City Business Journal Hendricks & Partners Inc., a Phoenix multifamily broker, has opened a Kansas City, Mo., office. The office will be lead by Bill Powell, a 21-year veteran who most recently worked for CB Richard Ellis, and Phil ...
Crain's Cleveland Business Duke Realty's decision to vacate the Northeast Ohio real estate market is expected to have a severe negative impact on the region. Although the biggest cut is to the region's image, the exit is also adding fears ...
Cushman & Wakefield Inc. is buying Royal LePage Commercial Inc., the biggest commercial real-estate broker in Canada, in terms of market share.According to the Wall Street Journal, Brascan Corp. is selling the firm for a price expected to be about ...
June 30, 2005 New York PostThe Corcoran Group and its sister company, the Sunshine Group, have joined forces to become the Corcoran Sunshine Group, a dream team of development marketing. NRT, the parent company of the two residential real estate ...
June 27, 2005 Trammell Crow Co. has been tapped to market the 150-acre Charlotte Coliseum property in Charlotte, N.C., for sale as a mixed-use development site. The city isn't paying Crow a fee to market the property, but the company ...
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© 2023 Commercial Real Estate Direct All rights reserved.