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NEW YORK CITY-Related Companies and Highbridge Principal Strategies report they have formed a joint venture to manage a new credit platform that will invest $800 million in real estate debt.
NEW YORK CITY-If recent transactions for trophy properties in Manhattan did not give it away already; Chinese investors are now active players in a host of major US real estate deals.
PEMBROKE PINES, FL-Atlanta-based The Carroll Organization has acquired the massive garden-style The Resort at Pembroke Pines apartment community here for $225 million.
AYNOR, SC-As promised, PTR Industries of Bristol, CT has decided to move to this South Carolina town about a half-hour from Myrtle Beach over Connecticut's new tougher gun law passed in response to the massacre last December at Sandy Hook Elementary School that claimed 26 lives, including 20 children
PHILADELPHIA-Children's Hospital of Philadelphia was expected to announce today a $50-million gift that will be used towards the construction of a $450-million outpatient center to be built at its University City campus.
NEW YORK CITY-The Lam Group, the developer of a new mixed-use development project in the Flatiron District, has selected Newmark Grubb Knight Frank (NGKF) Retail and Hospitality Services to market the retail component of the 400,000-square-foot development.
NEW YORK CITY-Cornell University announced on Monday that it had reached a preliminary agreement with Forest City Ratner, naming the real estate firm the “master developer” for the initial phase of its proposed Cornell Tech project on Roosevelt Island.