International

The communal living company acquired the Paper Factory Hotel in Long Island City, Queens for conversion into its third co-living property in New York City.

Øystein Elgsaas, architect and partner at Voll Arkitekter, says The Mjösa Tower symbolizes environmentally friendly thinking in construction and offers proof that tall buildings can be built using wood.

Brass Enterprises acquired the recently developed 348-unit community in January from The Allen Morris Company of Coral Gables, FL in a deal valued at $107.6 million.

“With the completion of the TPG Real Estate Partners III fundraise, we are well-capitalized to execute our distinctive investment strategy and continue building a differentiated investment portfolio,” says Kelvin Davis, founder and co-head of TPG Real Estate.

Madison International entered the Warsaw market last year with the acquisition of a 50% interest in the Warsaw Spire office tower.

Brennan joined LaSalle in 1999 and has successfully held a variety of leadership, investment, asset and portfolio management roles across the organization.

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.

The pipeline includes Standard Hotels first European property—The Standard, London, which is opening this spring in Kings Cross. The 266-room property is being developed at the historic Camden Town Annex across from St. Pancras Station.