News

“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.

CCMP Capital Advisors is the buyer of BGIS, a global provider of facilities management services.

Some of the major developments underway at the project include the 85% sold Paramount Miami condominium tower, which is on-track for completion in May 2019.

The transaction was structured with a seven-year term, with 30 months of interest-only (during construction) followed by a 30-year amortization schedule.

Plaines brings extensive financial leadership expertise and international experience to contribute to JLL's growth, says CEO Christian Ulbrich.

The transaction has expanded Northwest's franchise by 12 offices in Lancaster County in eastern Pennsylvania.

Last October, the partnership of Vanderbilt Office Properties and Barron Collier acquired Sawgrass Pointe II, a 95,800 square-foot office building, also located within the Sawgrass International Corporate Park.

Acquiring Touchtown expands Uniguest's value in the ability to centrally manage and distribute content to devices, places and screens, the company says.