The real estate arm of Brookfield Asset Management is in advanced talks with Kushner Cos. to buy roughly a 50% stake in 666 Fifth Ave. and invest hundreds of millions of dollars in the Manhattan office tower, which has been at the center of a controversy over possible conflicts of interest involving Jared Kushner, President Donald Trump’s son-in-law and adviser. […]
When Chinese regulators seized control of Anbang Insurance, they took ownership of more than a dozen luxury U.S. hotels. Now, as the government looks to sell, it faces a problem: The buildings likely are worth less than what Anbang paid only a couple of years ago. […]
After a two-year plunge, brokers are optimistic that more deals will take place in 2018. […]
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A new senior housing building developed by Bridgewood Property and equity partner Harrison Street Capital at 1015 South Shepherd Drive, one of the housing communities the venture is developing.
The quarter-acre development site on Kelvin Drive in Houston’s tony West University neighborhood seemed perfectly suited for a variety of options -- an upscale condo tower, perhaps more luxury apartments, or even a high-rise of student housing units catering... […]
Amazon’s 1 million-square-foot fulfillment facility at 1180 Innovation Way in Fall River, MA
Providence’s industrial market is quite strong. And those who have followed the real estate market here for the longest might be the most surprised.
Providence had among the worst recoveries of any major metro in the country from the recession. Unemployment hovered near 11 percent from 2009 to 2012, and at one point was among the worst rates in the nation... […]
Jumbo Capital Management and Sound Mark Partners have teamed up to acquire The Xchange at Bedford in suburban Boston from The Davis Cos. for $107.75 million, or approximately $223 per square foot.
The Xchange is a 482,662-square-foot, eight-building creative office and life science campus located along Route 3 and near Route 128 on Crosby Dr.
Built primarily in the mid-1970s, the campus houses the mission critical headquarters of iRobot Corp... […]
Jamie Peschel, Managing Partner of Longfellow Real Estate Partners. Photo credit: Longfellow Real Estate Partners
Longfellow Real Estate Partners has closed Longfellow Strategic Value Fund, an investment vehicle with an initial equity capitalization of $500 million.
Longfellow plans to use the fund to acquire or develop and operate so-called 'life science' buildings and technology real estate across the country.
Longfellow has invested capital... […]
Private equity shop Henley Investments continues to expand its joint venture with Tower 16 Capital Partners in Las Vegas, striking a deal to buy a large but dated Las Vegas apartment complex in an off-market transaction.
Henley, a U.K. company whose American arm is based in Boston, has agreed to buy the 512-unit Foothill Village complex at 6255 West Tropicana Avenue, now rebranded as Altura on Tropicana. The complex was built in two phases starting... […]