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PRESS RELEASE: Hines Set to Begin Construction on 609 Main at Texas in Houston

2013-10-25 21:01:00| National Real Estate Investor

Kim Jagger The Houston office of Hines, the international real estate firm, announced today its construction schedule for 609 Main at Texas, the 47-story, 1,050,000-square-foot office tower under development at the corner of Main and Texas streets in Downtown Houston on the Main Street rail line. read more

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PRESS RELEASE: IPA Sells Orange County Multifamily for $28 Million

2013-10-25 20:50:00| National Real Estate Investor

Gina Relva Institutional Property Advisors (IPA), a multifamily brokerage division of Marcus & Millichap serving the needs of institutional and major private investors, has arranged the sale of City Villas, 148-unit apartment complex in Garden Grove, Calif. The $28 million sales price equates to $189,000 per unit. read more

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PRESS RELEASE: Jones Lang LaSalle Sells 226,455-SF Self-Storage Portfolio for 21st Century Storage

2013-10-25 20:46:00| National Real Estate Investor

Shea Communications Jones Lang LaSalle completed the sale of a portfolio of three self-storage facilities, totaling 226,455 square feet, for 21st Century Storage. Kurt O'Brien acquired 5301 Park Heights Avenue in Baltimore, 101 U.S. Route 9 in Marmora, N.J., and 555 North Olden Avenue in Trenton, N.J., for $21.3 million in early September. Simply Self Storage will manage the three assets. read more

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PRESS RELEASE: Besen Special Assets Trades Two Commercial Loans Totaling $4.4 MM UPB in Red Bank and Union, NJ

2013-10-25 20:46:00| National Real Estate Investor

Jennifer Lauren Peters Jonathan B. Horn, Managing Partner of The Besen Group NJ and Besen Special Assets, is pleased to announce the closing of a non-performing and a sub-performing loan, secured by assets in Red Bank, NJ and Union, NJ. read more

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PRESS RELEASE: HFF Arranges Financing For Mixed-Use Development In Downtown Portland

2013-10-25 19:33:00| National Real Estate Investor

Kristen M. HFF announced today that it has arranged financing for the development of Park Avenue West, a 30-story, mixed-use high-rise in downtown Portland. read more

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