ARC New York Recovery REIT Acquires 163 Washington
NEW YORK CITY- With the acquisition of the 17-story luxury multifamily building in the Clinton Hill section of Brooklyn, the companys portfolio has increased to 12 properties total and $213.1 million in dollar volume.
SAN DIEGO—Buying a hotel that used to be an apartment complex to convert it back to apartments has its complexities. HFF’s Hunter Combs tells GlobeSt.com how his team led the SENTRE through the complicated transaction.
LOS ANGELES—Although price movement since the election has been “limited,” CBRE’s Spencer Levy says that “pricing pushback from buyers remains strong.”
NEWPORT BEACH, CA—Today’s retail owners are increasingly pushing the envelope of shopping-center design by bringing solutions such as innovative landscaping to the forefront of their developments, Lifescapes’ Julie Brinkerhoff-Jacobs tells GlobeSt.com.
The recent announcement that Fred’s would purchase upwards of 600 locations from Walgreens/Rite Aid to help ensure approval of their merger, highlights…