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CHICAGO-Fred Wilpon, the owner of New York Mets, is facing stress over a $100-million loan utilized to finance the purchase of a 30-story office tower in West Loop.
HOUSTON-A joint venture between Charleston, South Carolina-based Greystar Real Estate Partners LLC and New York-based Carlyle Group has purchased a 6-acre vacant tract in the Galleria area from the Houston Independent School District with plans to construct a mid-rise apartment complex there.
MUNSTER, GERMANY-Wurttembergische Lebensversicherung AG has purchased the Stubengasse property situated in Munster from SEB Asset Management's fund, SEB ImmoPortfolio Target Return Fund, for roughly EUR 73 million.