The Rockefeller Group, a Mitsubishi Estate owned company, is expected to be acquire UTA Plaza, along with the adjacent Ice House building, for $900 per square foot, or more than $207 million. Bids for the iconic Beverly Hills properties are about $50 per square foot higher than the $850 per square foot price seller Tishman Speyer targeted when it put UTA Plaza up for sale last month (REFI, 6/4). Eastdil arranged the sale.
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Jul 03, 2014 - Samantha Rowan
Although it’s not quite hurricane season, JLL is issuing a call to action for tenants and property managers to be on top of emergency preparedness.
Jun 26, 2014 - Samantha Rowan
A joint venture between Oak Coast Properties and Redhill Realty has acquired One Dartmouth Place Apartments, a 418-unit apartment complex in Denver.
More borrowers are expected to tap the commercial mortgage-backed securities market to refinance existing CMBS 2.0 loans as property values continue to rise.
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