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PRESS RELEASE: 24th At Camelback II Awarded LEED Platinum

2013-11-06 19:16:00| National Real Estate Investor

Rachael Myer The Phoenix office of Hines announced today that 24 that Camelback II has achieved Platinum certification under the U.S. Green Building Council's LEED for Existing Buildings (EB) Rating System. The property, owned by Hines and an East Coast pension fund advised by Invesco, is the first LEED EB Platinum, and most efficient, multi-tenant property in Arizona. read more

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PRESS RELEASE: Presidio Residential Capital Funds First Phase of $18.8 Million Multifamily Housing Development In San Diego

2013-11-06 19:02:00| National Real Estate Investor

Presidio Residential Capital Presidio Residential Capital has provided $8.2 million to build the first phase of the Golden Hill Row Home Project, an urban infill project consisting of 27 detached row homes with an expansive private park. Designed to exceed Cal Green Standards, the homes will include many environmentally friendly and healthy features, including solar power that will save homeowners hundreds of dollars a month in utility bills. read more

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PRESS RELEASE: Seattle's Thriving Job Market Drives Sale of 206 Bell

2013-11-06 18:13:00| National Real Estate Investor

Gallen.Neilly Jones Lang LaSalle's Capital Markets experts today announced the sale of 206 Bell, a new 122-unit apartment community in Seattle's Belltown neighborhood. Invesco Real Estate purchased the property, which opened in June and was developed by HB Management. read more

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PRESS RELEASE: Westcore Properties Honored With Building of the Year Award for Management of Louisville, Colo. Property

2013-11-06 18:09:00| National Real Estate Investor

Mark Olson Westcore Properties was recognized with an outstanding building of the year award by the Denver Metro Building Owners and Managers Association (BOMA) demonstrating the companys delivery on sound building management practices, a strong commitment to community involvement and innovative eco-friendly operations. read more

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PRESS RELEASE: Jones Lang LaSalle, The Corcoran Group Sell Philip Lehman Mansion for Lehm Holdings

2013-11-06 18:06:00| National Real Estate Investor

Shea Communications Jones Lang LaSalle and The Corcoran Group represented building owner Lehm Holdings Inc. in the sale of 7 West 54th Street, also known as the Philip Lehman Mansion, to an unnamed buyer for $40 million. The six-story, 20,000-square-foot commercial townhouse recently underwent a $20 million renovation to restore the historic property to its original grandeur. The Philip Lehman Mansion was designated as a New York landmark in 1981. read more

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