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CAMBRIDGE, MA—The Roseview-PMRG Fund I has acquired the 100 CambridgePark Drive office building here for $41.5 million and plans to undertake capital improvements to reposition the property.
The Forum will kick off with a fascinating interview of Ian Bruce Eichner, Chairman of The Continuum Company, by Jay Neveloff, Partner, Kramer Levin.The interview will be followed by a stimulating Panel Discussion: "Planning For The Bubble Ahead...Or Is It Already Here? An Analysis By Sector" Our panel will feature seasoned professionals who have experienced numerous boom and bust cycles and are uniquely qualified to offer invaluable insights.
WALTHAM, MA—Delaware Life will relocate its Massachusetts operations from Wellesley Hills to 37,000 square feet of space at Reservoir Place at 1601 Tarpelo Road here.
NEW YORK CITY—Thor Equities reports it has acquired an Upper East Side townhouse property that it believes is the proverbial “blank canvas” suitable for either commercial or residential use.
GAINESVILLE, FL—The 125-acre mixed-use Celebration Pointe development has received $46 million in financing that will facilitate the construction of a key bridge and other public infrastructure work at the development site here.
Property Condition Assessments (PCAs) are a typical part of most real estate transactions. While the scope for PCAs is generally quite standardized, certain instances warrant a more tailored approach. Aaron Kovan discusses two such PCAs "with a twist".
PALM BEACH, FL—The Sterling Organization reports the final closing of its second discretionary closed end real estate fund—Sterling Value Add Partners II, LP. The fund exceeded its fundraising target and raised commitments of $311 million.