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Stellar Management has emerged from the bidding contest for 1370 Avenue of the Americas with an agreement to buy the building. The New York investment company, which owns or manages [...]

HRPT Properties Trust has put a pair of Class A office buildings in New York and metropolitan Boston on the block, adding to the list of non-core assets it aims [...]

Crocker Realty Trust has agreed to sell nearly all of its 6.1 million-square-foot office portfolio to MSJ Realty Trust for $500 million. The Boca Raton, Fla., private real estate investment [...]

Freddie Mac has provided its first credit line to multifamily real estate investment trust Charles E. Smith Residential Realty and is in negotiations to provide similar credit lines to several [...]

Stratford Business is looking for big, risky acquisitions. The investment firm, headquartered in Hempstead, N.Y., and Parsippany, N.J., is looking to turn around properties that are mostly empty, struggling, or [...]

Crestline Capital and Bedrock Partners II have formed a $250 million joint venture targeting the hotel sector, and are seeking at least one equity investor. The venture hopes to duplicate [...]

Hines has emerged as the favorite to acquire 50 Fremont St., a 735,000-square-foot San Francisco office tower, with a reported bid of $261 million. Hines has had good fortune in [...]

Leggat McCall Properties is making another run at the sale of a 435,000-square-foot office building in the heart of Boston's Financial District. The Boston real estate investment firm first put [...]

A rising United States dollar has dramatically sapped German demand for U.S. real estate this year. German respondents to a Jones Lang LaSalle survey conducted in the second half of [...]

Falcon Real Estate, a New York advisor representing undisclosed Middle Eastern real estate investors, has won the contract to buy a midtown Manhattan trophy for $475 per square foot, or [...]

A partnership between Nomura Real Estate USA and Simon Property Group has put a 828,000-square-foot regional mall in White Plains, N.Y., up for sale and may receive bids approaching $400 [...]

Blackstone Group is close to signing a contract to buy the 770,000-square-foot Boston office tower that Houston developer Hines walked away from late last year. The New York investment concern [...]

Jack Shaffer, a Sonnenblick-Goldman managing director and principal who has been with the firm for more than 30 years, has moved to establish a hospitality advisory and investment firm. Shaffer [...]

Kushner Companies is near a contract to buy an 830,000-square-foot Newark, N.J., office building and is under contract to acquire a 1.1 million-square-foot portfolio of Bergen County office and industrial [...]

Credit Lyonnais has decided to buy out its partners' stakes in New York City's Credit Lyonnais Building, thereby negating their previous agreement to sell a stake in the property to [...]

The Shorenstein Company is close to sewing up a $375-400 million deal to buy Chicago's massive Prudential Plaza complex. The San Francisco investor emerged from last month's second round of [...]

Sarofim Realty Advisors is planning to pursue acquisition and asset sales initiatives this year that could total some $800 million, nearly triple last year's pace. To spur new investments, the [...]

German bank HypoVereinsbank is deep in negotiations to buy Chicago's 1.1 million-square-foot Leo Burnett Building for more than $260 million, or $242 per square foot, local brokers said. The Munich [...]

Sarofim Realty Advisors is preparing to sell a 460,903-square-foot office building in San Francisco that could attract bids of $290-300 per square foot, or $134-138 million, local brokers said. It [...]