Capital Markets

Nelson Partners acquired Skyloft, a class-A student housing property for $100 million; a property located one block from the University of Texas and already 77% preleased for the 2019-2020 academic year.

The Berkshire Hathaway and Jefferies Financial Group joint venture acquired the firm to increase its range of capital for clients.

Waterford has assumed management of eight hotels previously operated by Waterton. The properties that were transitioned total more than 1,600 guest rooms in Ohio, Illinois and Massachusetts; six of which are full service hotels.

The organization 17-Forward-86 staged a press conference today at the State Legislative Office Building in Albany where it unveiled its initiative to convince state lawmakers to fund a third lane each way on Route 17 from the Exit 131 Harriman interchange to Exit 103 in Monticello.

The cap rate spread between Phoenix and California multifamily is 75 to 100 basis points, and it is driving investment capital south.

The LEED-certified building was developed as a build-to-suit in 2010 for the FBI and was designed and built according to specifications of the Government Services Administration.