A 15-story office tower in downtown Oakland and a nearby parking garage have been sold for $99.6 million – five years after it changed hands for $175 million. SiliconValley.com reported Lakeside Group and Rubicon Point Partners, via an affiliate, partnered on the...
One of the most iconic lodging destinations on the Las Vegas Strip disappeared into rubble this morning as the Tropicana Hotel was taken down in a demolition implosion. The hotel’s two towers were brought down by Controlled Demolition Inc. at 2:37 a.m. PDT. The...
A Los Angeles-based commercial real estate agent was indicted for evading the payment of his individual income taxes and for obstructing the IRS in its efforts to collect those taxes. According to the indictment, Gabriel Guerrero has a history of failing to file tax...
Ares Management Corporation (NYSE: ARES) announced it will acquire the GCP International, the global business of GLP Capital Partners Limited, for approximately $1.8 billion in cash and approximately $1.9 billion in Ares Class A Common Shares. According to the...
Matterhorn Venture Partners (MVP), a Chicago-based real estate investment firm, has hired Gary Nussbaum as a principal. In his new role, Nussbaum will source and implement new acquisition opportunities throughout primary US real estate markets, with a focus on...
Rate and Compass Combine Mortgage Ventures Into OriginPoint, Target Top-10 …
