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MIRAMAR, FL—Riviera Point Development Group reports it has completed the first multi-tenant office building in Broward County that was fully funded by EB-5 investment.
TAMPA, FL— Marcus & Millichap Real Estate Investment Services has named Michael Mele to the post of senior vice president investments at its Tampa office.
BOSTON—Capital One Multifamily Finance of Bethesda, MD reports it has provided 19 Freddie Mac fixed-rate loans totaling $134.4 million for the Fineberg Companies of Wellesley, MA to refinance a portfolio of 25 multifamily properties, all located within the Boston region.
BOSTON—Locally-based Boston Properties, Inc. reports it has reached a binding purchase and sales agreement to sell its 45% interest in 601 Lexington Ave. in New York City and the Atlantic Wharf Office Building and 100 Federal St. in Boston to affiliates of Norges Bank Investment Management for a gross price of approximately $1.5 billion.
ATLANTIC CITY, NJ—Developer Donald Trump on the day the property he originally developed Trump Plaza closed its doors for good here and his former Trump Taj Mahal is in danger of shuttering, issued a number of tweets that distanced himself from the current casino woes.
NEWARK, NJ—A host of prospective developers took part in an auction on Tuesday of city-owned properties that included vacant lots, commercial and residential properties.
WASHINGTON, DC—After acquiring the 208-unit Rittenhouse Apartments complex here less than six month ago, TIAA-CREF has hired a firm to market the property to interested buyers.
BOSTON—On the heels of landing a five-year contract with JLL to provide comprehensive real estate services to The Massachusetts Bay Transportation Authority and the Massachusetts Department of Transportation, New York City-based Greystone reports it has opened an office here.
WEST PALM BEACH, FL—Property Group Partners reports it has been named manager of the CityPlace Tower office building here. The appointment marks a return to south Florida for the New York City-based company that formerly operated as the Louis Dreyfus Property Group.