NEW YORK CITY-In an off-market deal, a 14-building medical office portfolio with properties in Florida, Indiana, Virginia and Arizona sells for roughly $250 per sf. The properties aggregate 583,784 sf.
NEW YORK CITY-Archstone-Smith continues to gobble up apartment communities here. For $266 million, the firm acquires a complex in Murray Hill and another in Brooklyn Heights. The company now owns just under 4,000 units here.
NEW YORK CITY-Archstone-Smith continues to gobble up apartment communities here. For $266 million, the firm acquires a complex in Murray Hill and another in Brooklyn Heights. The company now owns just under 4,000 units here.
BETHESDA, MD-Host Marriott Corp. closes on the acquisition of 28 hotels from Starwood Hotels & Resorts Worldwide Inc. as part of a $4-billion merger agreement involving 35 properties. Host Marriott also plans to change its name to Host Hotels & Resorts Inc. on April 17.
BETHESDA, MD-Host Marriott Corp. closes on the acquisition of 28 hotels from Starwood Hotels & Resorts Worldwide Inc. as part of a $4-billion merger agreement involving 35 properties. Host Marriott also plans to change its name to Host Hotels & Resorts Inc. on April 17.
NEW YORK CITY-A $217-million bond credit transaction replaces an approximately $180-million short-term construction loan for an affiliate of Rockrose Development. Two Gold St. is a 51-story rental apartment in Lower Manhattan.
NEW YORK CITY-A $217-million bond credit transaction replaces an approximately $180-million short-term construction loan for an affiliate of Rockrose Development. Two Gold St. is a 51-story rental apartment in Lower Manhattan.
FLUSHING, NY-The New York Mets release the design plans for the team's new ballpark. Work on the effort is expected to be completed by opening day in 2009.
NEW YORK CITY-But short-term, the REIT is on the lookout for "one big deal," a company executive said during a Credit Suisse Real Estate Conference. He also said any possible deal to move Madison Square Garden is a "long way from being done."
