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Commercial Real Estate News

In this section we've added RSS feeds from several commercial property news sources.

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Waldorf-Astoria, New York China's Insurance Regulatory Commission (CIRC) issued a statement saying it had taken control over Anbang Insurance Group Co. this morning possibly putting billions of dollars in luxury U.S. hotels up for grabs. Anbang went on a U.S. hotel buying spree in 2015 and 2016 spending more than $7 billion in two transactions to acquire nearly 8,000 hotel rooms. The sellers in each case were affiliates of The Blackstone Group...
San Francisco-based Shorenstein has bought the Capella Tower, one of the most distinctive buildings in downtown Minneapolis, from ASB Real Estate Investments. Washington D.C.-based ASB on Friday announced the deal to sell the 58-story Class A building at 225 S. Sixth St., which it has owned since 2006. The sale included an adjoining 20-story building occupied by the Star Tribune newspaper. The two structures cover 1.4 million square feet, which...
The largest investment sale transactions of the fourth quarter included Albertsons' $721 million sale-leaseback of 71 properties across 12 states, including this Safeway property in Florance, AZ. Even the best performing and most well located U.S. malls and shopping centers are beginning to feel the pinch of flat-lining rent growth and a vacancy uptick as e-commerce continues to take market share from brick-and-mortar retailers and the retail sector...
The 301-room Andaz Maui is among a trio of resort hotels under contract to be acquired by Host Hotels & Resort in a $1 billion Hyatt Hotels Corp. Bethesda, MD-based Host Hotels & Resorts, Inc. (NYSE:HST) announced an agreement to buy the 301-room Andaz Maui in Wailea, HI; the 668-room Grand Hyatt San Francisco in the city's Union Square district and the 454-room Hyatt Regency Coconut Point in Bonita Springs, FL for $1 billion...
Pictured: 55 University Ave. in downtown Toronto.The ink hasn't dried on one of 2017's largest real estate deals, but sources indicate Slate Acquisitions Inc. is in the process of flipping some of the $1.14 billion in property it bought from Cominar Real Estate Investment Trust. Sources tell CoStar News that Slate is close to selling an office tower it acquired at 55 University Ave. with offers coming in between $700 to $750 per square foot for...
National Real Estate Investor
After slowing down slightly in 2017, buyers are again pouring cash into purchases of student housing properties.
The insurer, like its fellow Chinese investor HNA Group Co., went on a multibillion-dollar buying binge over the past few years.
More than 4,000 new apartments are forecast to hit the Los Angeles market this quarter, according to CoStar Group Inc.
Investment sales volume for office assets in the suburbs is now outpacing sales in central business districts.
The Federal Reserve sees no reason to postpone interest rate hikes, reports Reuters. The Motley Fool looks at the performance of six real estate ETFs. These are among today’s must reads from around the commercial real estate industry.
Wall Street Journal
After a two-year plunge, brokers are optimistic that more deals will take place in 2018.
Work on an 800-foot-tall tower in East Midtown that has been under construction for six months was halted last week following a vote by the New York City Council to limit skyscrapers in the area,.
Mall owners long treated gyms, massage parlors, and billiards halls as unwanted tenants that attracted lower-rent visitors who were unlikely to shop. Now they’re giving health clubs some of their best real estate.
Asking rents for New Jersey office space are nearing records as landlords undertake extensive renovations and fill older properties with top-notch amenities.
Brookfield Property Partners LP has made a $14.8 billion offer to acquire the shares of mall owner GGP Inc. that it doesn’t already own, according to people familiar with the matter.
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