The Trump Organization is reportedly considering a bid to regain control of the Waldorf Astoria hotel in Washington, DC. The New York Post, citing “three sources familiar with the situation,” said the president-elect’s company is considering options including a...
Aphorio Carter Critical Infrastructure Fund LLC, a 506(c) private placement offering focused on data centers and technology-related real estate, has acquired Connecticut’s Trumbull Data Center for approximately $10 million. The property was originally built in 1960 in...
A slippery definition of “reopening,” an unlikely grant and a merger’s messy failure. From the wild and wooly world of real estate, here are our Hits and Misses for the week of Dec. 9-13. Miss: An Unsettled Settlement. The US Department of Justice (DOJ)...
The development company VanTrust Real Estate has acquired a 32-acre parcel in West Valley City, Utah, to build four industrial warehouse buildings. The site is located just south of State Route 201 and west of Mountain View Corridor, and it is also near the Salt Lake...
Minneapolis’ 57-story Wells Fargo Center has been acquired by a joint venture between the investor groups Cross Ocean Partners, Neuberger Berman Special Situations and Onward Investors. The 1.15 million-square-foot property opened in 1987 as the headquarters of...
Real estate funds managed by Blackstone (NYSE: BX) has paid $2.6 billion to acquire Tokyo Garden Terrace Kioicho, a 2.4 million-square-foot mixed-use property, from affiliates of Seibu Holdings. The transaction is the largest real estate investment by a foreign...
