Connecticut
MPT Completes Sale-Leaseback on KC-Area Hospitals
As part of a $1.75-billion wave of acquisitions, Medical Properties Trust has acquired seven Kansas City-area community hospitals from St.… Read more
Knighthead Provides $37M Construction Loan for Cambridge Hotel Conversion
Greenwich, CT-based lender Knighthead Funding has provided a $37.7 million construction loan for the conversion of a four-story multifamily building… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Wheelock Acquires Hilton Atlanta Airport Hotel for $101M
Greenwich, CT-based real estate investor Wheelock Street Capital acquired the 507-room Hilton Atlanta Airport Hotel. The sales price was reported… Read more
Colliers Launches Project Leaders Division
Colliers International Group has launched Colliers Project Leaders USA. Headquartered in Madison, CT with offices throughout the U.S., the newly-… Read more
Brookfield Infrastructure, GIC Acquire Railroad Operator G&W for $8.4B
Railroad operator Genesee & Wyoming agreed to be acquired by Brookfield Infrastructure and GIC in a transaction valued at approximately… Read more
L Catterton to Pay $650M for Del Frisco’s Restaurant Group
Del Frisco’s Restaurant Group Inc. entered into a definitive agreement with private equity firm L Catterton to be acquired for… Read more
Urstadt Biddle Sells Retail Property in Connecticut
REIT Urstadt Biddle sold Starbuck’s Plaza, a 10,100-square-foot retail property in Monroe, CT for $3.6 million. Located at 525 Main… Read more
CA Senior Living Expands Anthology Platform Across Midwest
CA Senior Living LLC, the senior housing investment and development division of Chicago-based CA Ventures, announced it will expand its Anthology Senior Living operating… Read more
Raytheon, United Technologies Announce $100B Merger in All-Stock Deal
Raytheon and United Technologies announced that the companies will merge in an all-stock deal. The merger would create a $100… Read more
Rubenstein Acquires 450K-SF Office Property in Stamford
Rubenstein Partners acquired 600 Washington Blvd., a 12-story, 450,000-square-foot office building in Stamford. The sales price was undisclosed. The property,… Read more
Google’s New Cambridge Headquarters Moves Forward
Google’s new HQ being built by developer Boston Properties is moving forward. The 16-story, 417,000-square-foot office tower at 325 Main… Read more
Experts: Investors Must Consider O-Zone Essentials Before Jumping In
The main attraction from the Opportunity Zone program is that investors who place their capital gain from the sale of… Read more
3-Building Apt. Complex Trades Near Yale Campus
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Cambridge Oxford Apartments, a three-building, 84-unit multifamily property… Read more
C-PACE Securitizations and Their Implications for CRE Industry
By Dennis Kaiser Sausalito, CA-based CleanFund, a national commercial property-assessed clean energy (C-PACE) origination platform, recently was awarded GlobalCapital’s 2019… Read more
CBRE Arranges Debt on 2 Norwalk Apartment Assets
CBRE has obtained a $53.5-million loan for two Class A multifamily properties in Fairfield County’s Norwalk, CT. The properties at… Read more
425K-SF Craftsman Plant Coming to Fort Worth
Stanley Black & Decker announced it would expand its manufacturing footprint in the United States, with a new Craftsman manufacturing… Read more
EmblemHealth Recommits to 440K-SF Downtown Space
Colliers International Group and CBRE have arranged a long-term lease extension at 55 Water St. for EmblemHealth. The non-profit health… Read more
Pinstripes Will Partner with Brookfield on 3 New Locations
Chicago-based Pinstripes Inc. has formed a partnership with Brookfield Properties to open three new locations. With an undisclosed minority equity investment in Pinstripes, the… Read more