Sterling Bay opens Fulton Market Hyatt
Sterling Bay has opened the Hyatt House Wesy Loop-Fulton Market. The Canadian Imperial Bank of Commerce and the Republic Bank of Chicago provided a combined $42.4 million in construction financing….
ERC announces launch of Bay Condos
Egyptian Resort Company has announced that the launch of the new Bay Condos development through its subsidiary, Sahl Hasheesh Company. This new project follows the launch of its sister development,…
Brasa Capital debut value-add real estate fund raises $120m, beats target
Brasa Capital Management’s debut real estate investment fund has exceeded its $100m (€88.6m) fundraising target by 20%. Founded in March 2018 by former AEW Capital Management executive Eric Samek, Brasa…
Grosvenor Group has teamed up with VBI
Grosvenor Group has teamed up with VBI Real Estate that is a Sao Paulo-based real estate investment manager, to invest in student housing in Brazil. The joint venture with VBI…
ILIF completes largest regional hotel transaction
The Index Linked Income Fund (ILIF) has completed a £40m deal to acquire the ground rent on the De Vere Beaumont Hotel in Old Windsor from funds managed by Starwood…
Abu Dhabi palace work completed by APD
Spanish group Acciona Producciones y Diseno (APD) has carried out the technical development and the museographic implantation of the Presidential Palace of Abu Dhabi to turn it into a visitable…
MAS Real Estate aims to divest from Western Europe
MAS Real Estate plans to divest completely from Western Europe. In this way, the company can focus on fast-growing Eastern Europe. MAS Real Estate has been restructured over the past…
Foster + Partners in big Saudi high-speed rail ops success
UK based architectural firm Foster + Partners has announced the successful operation of Haramain high-speed rail in Saudi Arabia. The 450-km high-speed rail link between the major Saudi Arabian cities…
Security, Rockwood JV buys Legacy at Pratt Park in Seattle
Rockwood Capital and Security Properties bought Legacy at Pratt Park. The property sold for $91.75 million. Legacy at Pratt Park is a 249 unit mixed use property with 6,720 square…
The St.Regis Amman opened
The St.Regis Amman has opened its doors. The St.Regis Amman is situated in capital’s best address, a prime location in the affluent district of Abdoun. True to the legacy of…