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NEW YORK CITY—In a new survey of industry executives, most respondents said commercial property values here have hit their peak, with the exception of assets in the outer boroughs.
NEW YORK CITY—Industry veteran David Woodward will now oversee Brookfield Property Partners' multifamily division, including a majority ownership in Fairfield Residential.
WHITE PLAINS—Craig Ruoff, a 25-year veteran of the suburban New York City office market, has joined Cushman & Wakefield as a senior director with its White Plains office team here.
EWING TOWNSHIP, NJ–Cushman & Wakefield's Metropolitan Area Capital Markets Group has orchestrated the sale of 1600 North Olden Avenue in Ewing to a joint venture between Black Oak Associates and Broad Oak Partners.
TEWKSBURY, MA—Private investment group Waramaug LS Hotels, LLC has acquired a portfolio of six Fairfield Inn hotels in New England from a special servicer and plans an extensive capital improvement program on the REO properties.
WASHINGTON, DC—Pricing is starting to look a bit dear in some areas, but commercial real estate fundamentals are widely recognized as solid, Simon Rubinsohn says.
PHILADELPHIA, PA – HFF arranged the $160.75 million sale of 833 Chestnut Street, a 12-story, 705,061 square foot medical office building across from Thomas Jefferson University Hospital in Center City Philadelphia.