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NEW YORK CITY—The new McCourt Partners represents an evolution of a joint venture launched in 2012 by Frank McCourt Jr. and Mark Walter after the latter acquired the Dodgers franchise from McCourt.
LOS ANGELES—CoreTrust acquires the CitiGroup Center in Downtown Los Angeles for a reported $336 million, which may already be one of the market's biggest deals of the year.
LOS ANGELES—Hollywood started by stealing major office tenants from the Westside market, and now residents are migrating over, helping to boost rental rates and property values.
ROCHESTER, NY—The 81-year-old co-founder of the REIT—along with his daughter and her husband—served as CIO of the firm and had a 50-year career in the industry.
MIAMI—Released Monday in connection with the CREFC January Conference in Miami, the biannual survey found that allocations have remained stable even as the dollar volume increased.
NEWPORT BEACH, CA—As retailers grapple with the cost of e-commerce returns and toy with the idea of having customers pay a premium for it, the industrial sector may reap the benefits, CBRE's Kurt Strasmann tells GlobeSt.com.