Blog Archives

Apartment Construction Booming Across the Southern U.S.

The 816-unit Park Line Miami apartment towers at 250 NW 1st St. in Miami. The project is slated to be completed by the fourth quarter of 2019. Due to impressive in-migration as well as demographic growth and booming economies, southern metros have attracted an impressive share of apartmen Tampa/St. Petersburg Commercial Real Estate News From […]

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Starlight Commences $1.3 Billion U.S. Multifamily Acquisition Program

Toronto-based Starlight Investments has formed an institutional partnership with Canada’s Public Sector Pension Investment Board and the Alberta Investment Management Corp. (AIMCo) to acquire up to $ 1.3 billion of multifamily properties across the southern and western regions of the U.S. “We are entering into this newly formed partnership with great excitement and expectations,” said […]

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QIC To Acquire Interests in Portfolio of 10 U.S. Regional Malls

QIC, a government owned investment company owned by the Queensland (Australia) Government, is expanding its real estate investment in the U.S. by acquiring additional interests of its joint venture partner, Forest City Realty Capital (NYSE: FCEA), in 10 U.S. regional shopping malls on behalf of a QIC client. The portfolio is valued at $ 3.175 […]

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Dubai’s Safanad Establishes $1.3 Billion U.S. Suburban Office Investment Platform

Safanad Ltd., a Dubai-based global investment firm, in partnership with Workspace Property Trust, a real estate investment firm led by CRE veterans Thomas Rizk and Roger Thomas, and Square Mile Capital, a diversified real estate investment firm, completed their acquisition of 108 buildings and 26.7 acres of land, in five markets from Liberty Property Trust […]

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U.S. Office Sector Enjoys Steady Q2 Leasing Momentum Even as Rent Growth Slows, Sales Stall

The U.S. office market continued its steady momentum in the second quarter, recording 39.4 million square feet of net absorption in the first six months of 2016, nearly equaling the 40.2 million square feet absorbed during the record-setting first half of last year. The U.S. office vacancy rate ticked down another 15 basis points to […]

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