CRE Headline News


  • Chinese Govt. Takes Control Over U.S. Hotel Investor Anbang Insurance
    Waldorf-Astoria, New YorkChina's Insurance Regulatory Commission (CIRC) issued a statement saying it had taken control over Anbang Insurance Group Co. this morning possibly putting billions of dollars in luxury U.S. hotels up for grabs.Anbang w…
    - 2 days ago 23 Feb 18, 10:45am -
  • ASB Real Estate Sells Capella Tower to Shorenstein for $255 Million
    San Francisco-based Shorenstein has bought the Capella Tower, one of the most distinctive buildings in downtown Minneapolis, from ASB Real Estate Investments.Washington D.C.-based ASB on Friday announced the deal to sell the 58-story Class A buil…
    - 2 days ago 23 Feb 18, 10:32am -
  • Declining Occupancy, Rent Growth Spreading to Top Tier of Best-Located US Retail Properties
    The largest investment sale transactions of the fourth quarter included Albertsons' $721 million sale-leaseback of 71 properties across 12 states, including this Safeway property in Florance, AZ.Even the best performing and most well located U.S. m…
    - 3 days ago 22 Feb 18, 10:04am -
  • Host Hotels Agrees to Buy Trio of Hyatt Hotels in Hawaii, CA, FL for $1 Billion
    The 301-room Andaz Maui is among a trio of resort hotels under contract to be acquired by Host Hotels & Resort in a $1 billion Hyatt Hotels Corp.Bethesda, MD-based Host Hotels & Resorts, Inc. (NYSE:HST) announced an agreement to…
    - 4 days ago 21 Feb 18, 11:49am -
  • Slate Ready to Flip Cominar Assets
    Pictured: 55 University Ave. in downtown Toronto.The ink hasn't dried on one of 2017's largest real estate deals, but sources indicate Slate Acquisitions Inc. is in the process of flipping some of the $1.14 billion in property it bought from Cominar…
    - 4 days ago 21 Feb 18, 9:56am -
  • J.P. Morgan Chase Commits to Building 2.5 Million-SF Headquarters in NYC
    J.P. Morgan Chase made waves this morning with the announcement that the global banker will build a new 2.5 million-square-foot headquarters at 270 Park Ave. in New York City.Still in progress, according to sources, is the feat of garnering appro…
    - 4 days ago 21 Feb 18, 8:28am -
  • Pacific Mall Under Scrutiny for Fake Goods
    Is the so-called "notorious" Pacific Mall in Markham, Ontario, the country's most expensive retail property?The mall, in the news again because of a U.S. report that labelled it a haven for fake goods and accused Canadian authorities of doing lit…
    - 4 days ago 21 Feb 18, 8:00am -

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