Canada
Brookfield Will Take Property Unit Private for $6.5B
Brookfield Asset Management Inc. (Brookfield) said Thursday it had reached an agreement to take Broo...Read more
Blue Vista Adds SVP of Capital Markets
Chicago-based investment firm Blue Vista Capital Management has hired Brandon Honey as SVP of capita...Read more
TricorBraun Partners with How2Recycle to Expand Packaging Options
TricorBraun Flex, the flexible packaging division of global packaging leader TricorBraun, has partne...Read more
Vornado Completes 10-Year Refi on 909 Third Ave.
Vornado Realty Trust completed a $350-million refinancing of 909 Third Ave., its 1.4 million-square-...Read more
Annaly Reaches $2.3B Deal to Sell Its CRE Business
Annaly Capital Management said Thursday it had agreed to sell its commercial real estate business to...Read more
Travel Industry Calls on Biden Administration to Reopen International Travel
A number of organizations from the U.S. travel and aviation industry called on the Biden administrat...Read more
Cross-Border Investment in U.S. Multifamily Recovers in 2020’s Second Half
International investors bought $5.7 billion of U.S. multifamily assets in 2020’s second half, ju...Read more
Stephen Bechtel Jr. Passes Away at 95
Stephen Bechtel Jr., 95, the third generation of his family to head international construction firm ...Read more
Global Cross-Border Capital Flows Dropped 19% in Pandemic
COVID-19 restrictions took a heavy toll on global investment in 2020—in terms of cross-border flow...Read more
Avison Young NJ Names Project Management Director
Paul Mastroeni has been promoted to director of project management at Avison Young of New Jersey. He...Read more
JV of Vornado, CPPIB Completes $525M Refi of One Park Avenue
A joint venture of Vornado Realty Trust and the Canada Pension Plan Investment Board has completed a...Read more
First Industrial Names Marcus Smith to Board
First Industrial Realty Trust, Inc., headquartered in Chicago, named Marcus L. Smith to its board o...Read more
Republic National Distributing Inks Full-Building Lease
A newly constructed 173,940-square-foot industrial warehouse in the greater Phoenix submarket of Tol...Read more
Canada Leads in a Down Year for Cross-Border Investment in U.S. CRE
Even in a pandemic year, some things remain consistent, and Canadian buyers once again led the way f...Read more
Marriott International Posts First Annual Loss Since 2009
Bethesda, MD.-based hotelier Marriott International posted a net income loss of $267 million for 202...Read more
Kidder Mathews to Manage Studio 7500 in Redmond
Studio 7500 is a two-story 35,000-square-foot office building. The single-tenant building is located...Read more
TX Exporters Fare Better Than Those in Other States
In a year of unmatched economic decline, unprecedented job losses and thousands of business closures...Read more
2020 Texas Exports Drop 17.7% from One Year Earlier
In 2020, Texas’ exports of manufactured goods totaled $154.14 billion, a 17.7% drop from $187.30 b...Read more
LightBox Acquires BuildingFootprintUSA for Location Intelligence
LightBox has acquired BuildingFootprintUSA, the provider of building and structure boundaries for lo...Read more