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Business Wire | January 27, 2020
Columbia Property Trust, Inc. (NYSE: CXP) today announced that it has closed on its previously announced acquisition of Normandy Real Estate Management, LLC, a developer, operator and investment manager of office and mixed-use assets in New York, Boston, and Washington, D.C. Columbia acquired the operating platform and real property interests of Normandy for aggregate cash and stock consideration of approximately $100 million, exclusive of transaction and closing costs. This consideration consis...
Cision PR Newswire | February 06, 2020
Peerage Realty Partners Inc. ("Peerage") announces that it has formalized a substantial partnership with Jameson Sotheby's International Realty. The executive team of Jameson Sotheby's International Realty will continue to lead the firm and hold a significant equity interest, partnering with Peerage in the future growth and development of the firm. The firm generates US$2 billion in annual sales volume with 450 agents in 6 offices located in Chicago's Gold Coast and Lincoln...
propertyfundsworld | August 24, 2020
Commercial Ground Rents: investment opportunity in a time of adversity says commercial ground rents, which are financing structures whereby a real estate owner or acquirer sells the freehold land to an investor and simultaneously agrees a long-term (generally over 75 years) lease with them to continue using a real estate asset, is the fastest growing segment of the long income real estate market, and that over the past five years the sector has grown from virtually nothing to around GBP4 b...
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RealFoundations | June 03, 2022
RealFoundations, one of the world's foremost providers of consulting and managed services for the real estate industry, announced the launch of its new Investor Sector Practice Group, which aims to help investors and investment managers elevate their real estate assets and drive improved returns. Investors and investment managers are challenged by insufficient modeling capabilities, unstructured information sharing, limited technology integrations and the inability to report p...
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