Blog Archives

CoStar’s People of Note (Nov. 3) – Dream REIT Taps CEO for US Expansion, JLL Boosts NJ Exec. Team

The following companies announced personnel moves this week: Dream Industrial REIT, JLL, Clune Construction, Cushman & Wakefield, McCraney Property Co., Seagate Properties, Madison Realty Capital and Phillips Edison & Co.img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-height: 220px; float: right;} img.pontwo{display: block; padding: 5px; width: 45%; max-width:360px; max-height: 220px; float: right;} img.ponthree{display: block… Tampa/St. Petersburg […]

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CoStar’s People of Note (Oct. 20) – Starwood, Castle Lanterra Make Additions to C-Suite, Grocery REIT Hires Regional VP…

img.pon{display: block; padding: 5px; width: 25%; max-width:180px; max-height: 220px; float: right;} img.pontwo{display: block; padding: 5px; width: 45%; max-width:360px; max-height: 220px; float: right;}The following companies announced personnel moves this week: Starwood Capital, Castle Lanterra, Phillips Edison & Co., Transwestern, Cushman & Wakefield, AMCAL, Valencia Capital, United Properties, JLL and Franklin Street.SOUTH FLORIDA

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In Mixed Period for Hotel Sector, Procaccianti Launching REIT

Rhode Island-based Procaccianti Cos., owner of TPG Hotels & Resorts, is forming a new nontraded REIT to expand its hotel investments. The move comes at a time when lodging REITs have fallen a bit out of favor with investors, even as hotels continue to grow occupancy and room rates. According to its initial filing, Procaccianti […]

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TIER REIT Sells Eisenhower I Office Bldg in Tampa

Tier REIT, Inc. sold the Eisenhower I office building at 5104 Eisenhower Blvd. in Tampa, FL for $ 31.4 million, or approximately $ 242 per square foot, to Strategic Office Partners. The four-story, 130,000-square-foot building was constructed in 1998 on nine acres in the Westshore submarket of Hillsborough County. Dale Peterson with CBRE represented the […]

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Starwood Ups Initial Bid for Milestone Apartments REIT Buyout

An affiliate of Starwood Capital Group agreed to sweeten its offer to take Milestone Apartments Real Estate Investment Trust private through a cash-for-stock transaction. Under the revised bid announced in a joint release by the two companies, Milestone Apartments REIT unitholders will receive 10 cents more per trust unit than Starwood’s original cash-for-stock offer valuing […]

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