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CHARLOTTESVILLE, VA—That's the scenario proposed by SNL Financial following the closing of the alternative asset manager's deal to buy the Chicago lodging REIT for approximately $6 billion.
WASHINGTON, DC—“Demand for green building will only continue to grow,” says USGBC CEO Rick Fedrizzi; a new study projects a 15.1% year-over-year increase over the next four years.
CHICAGO—The employee base of some technology-based firms remains suburban, and many of these will remain in place as they build new facilities to accommodate growth.
DALLAS--GruenePointe Holdings LLC, a transitional medical facility investment company and owner of the Adora transitional care brand, has closed on the sale and leaseback of nine Texas skilled nursing facilities (SNF) to MedEquities Realty Trust Inc. for $133.4 million, a deal which was structured by GruenePointe owners US Freedom Capital and OnPointe Health Management.
INDIANAPOLIS—The metro region is best known for its big box industrials, but smaller users have flocked to smaller buildings as well, and Chicago's Brennan group says that provides many opportunities.
YONKERS—At the groundbreaking for the $85-millon third and final phase of the Hudson Park waterfront rental apartment housing project called Hudson Park River Club here, it was revealed that Strategic Capital, a Chinese-based investment firm, is purchasing the two existing phases and is a partner on the final phase.
SAN ANTONIO—In a joint venture, Tryperion Partners and Goodstone LLC have acquired Network Tech Center, an 84,505-square-foot, three-building office park located in University Business Park in the city's northwest submarket.
HOUSTON--The University of Texas MD Anderson Cancer Center is planning to develop and build a new $113.75-million outpatient diagnostic and treatment center in the Wolff Cos.' development Central Park.