Connecticut
Verizon Closing Sacramento-Area Call Center
Verizon plans to close call centers in five states, including one in Rancho Cordova, CA, near Sacramento. The consolidation is… Read more
Twin Peaks Restaurants Sells Stake to Franchisee
Addison, TX-based Twin Peaks Restaurants sold a majority stake to La Cima Restaurants, which owns and operates 15 restaurant locations… Read more
Iconic Google-Leased ‘Silicon Beach’ Campus for Sale
The “crown jewel” of historic buildings that formerly comprised the Hughes Corporation’s HQ and was envisioned as the centerpiece of… Read more
339-Unit Lodge at Peasley Canyon Trades Hands for $70M
TPF Equity REIT Operating Partnership LP ended its hold on the 339-unit Lodge at Peasley Canyon in suburban Tacoma, WA.… Read more
Marriott-Starwood $13.6B Deal Hits Snag with Chinese Regulators
Chinese regulators delayed the Marriott International Inc.’s proposed $13.6-billion purchase of Starwood Hotels & Resorts Worldwide Inc. An additional 60… Read more
Redevelopment Planned for Hartford CBD
The Bushnell Center for the Performing Arts is collaborating with the city of Hartford, the Capital Region Development Authority and… Read more
JV Acquires 288-Bed Student Housing Asset in Greenville, NC
Campus Advantage and Waypoint Residential teamed to buy the 288-bed First Street Place Apartments in Greenville, NC. The seller, Blue… Read more
Is Free Rent Signaling a Multifamily Market Peak?
In a sign that the San Francisco market has peaked, offers of free rent are cropping up in landlords’ efforts… Read more
Carey Watermark Diversifies with UTC Marriott Hotel Acquisition
New York-based REIT Carey Watermark Investors 2 Inc. (CWI 2) acquired the San Diego Marriott La Jolla from an affiliate… Read more
Ivy Realty Acquires MD Office for $33M
Ivy Realty has acquired the 163,194-square-foot Twinbrook Office Center in Rockville, MD for $33 million. The new owner, headquartered in… Read more
JMC Holdings Snags CT Office for $51M
JMC Holdings acquired Wexford Plaza, a 100,150-square-foot, Class A office property at 411 W. Putman in Greenwich, CT. The $51.5 million… Read more
350K Dallas Turtle Creek Office First in 30 Years
Hillwood Urban real estate firm is planning a high-rise office on the last vacant site along Dallas’ Turtle Creek corridor.… Read more
Starwood Acquires 31-Property Portfolio for $563.5M
Holliday Fenoglio Fowler, L.P. (HFF) closed the sale of and secured financing for a 31-property, Low Income Housing Tax Credit… Read more
Google Takes Big Bite at The Hercules Campus in Playa Vista
Google’s Playa Vista campus plans are coming into clearer focus. This week, it was learned that the tech giant, which… Read more
$45M F11 MF Project Breaks Ground in East Village I.D.E.A. District
San Diego-based The Richman Group of California Development Company broke ground on F11, a $45-million, seven-story, mixed-use multifamily project in… Read more
DRA Advisors Sells off Five-Building Miami Portfolio
DRA Advisors LLC has struck a deal with Ivy Realty to sell its five-building office portfolio in Miami’s Waterford at… Read more
RealtyMogul Helps Fund $22M Chicago MF Buy
Spirit Bascom Ventures has paid $21.6 million for ownership rights of 5200 N. Sheridan Rd., a 223-unit vintage apartment complex… Read more
Starwood’s Sternlicht: Don’t Stress Over CRE Bubbles
Boston Federal Reserve president Eric Rosengren has warned that low interest rates are pumping up property values. But strong real… Read more
Panama Papers Reveal Americans Tied to Fraud
The International Consortium of Investigative Journalists and other media partners have identified companies tied to at least 36 Americans accused… Read more