Washington REIT Acquires Spring Valley for $40.5M
"Spring Valley is a well-located shopping center in one of Washington, DC's most affluent neighborhoods. Acquiring this asset aligns well with our stated retail strategy to purchase high-quality prop...
Glimcher Deal Expands a Mall Empire In a $4.3B Deal
'As a Washington Prime shareholder, I really like the deal,' David Simon said of the Glimcher acquisition. Bloomberg...
Two Washington Entrepreneurs Start Venture Capital Fund
Two Washington-based entrepreneurs have set up a fund to concentrate on the seed stage companies which will focus on applications for mobile devices. The Kiwi Venture Partners fund also has a local W...
LA real estate investor is sweet on Seattle
Los Angeles-based real estate investment firm TruAmerica Multifamily announced Wednesday that it paid $28.7 million for Montclair Heights, a 174-unit apartment project in Renton. The purchase of the 16-acre property is TruAmerica's third acquisition in the Puget Sound region since December. Previously, the company paid $54 million for Arcadia Luxury Townhomes in Federal Way and $27 million for Westhaven Apartments in West Seattle.
RT @EMInvestment: MT @SultanAlQassemi More Qatari investments heading to Washington DC, deputy mayor expects $300m soon
Qatari Diar Real Estate Co., having already invested $700 million in CityCenterDC, may invest a third of a billion dollars more in other D.C. projects. So said Victor Hoskins, D.C’s deputy mayor for planning and economic development, during a 2015 budget oversight hearing Wednesday before the D.C. Council’s economic development committee.
Washington's Biggest Developer Raising $750Mn in 9th Fund
JBG has received $371 in commitments so far from 16 investors. The development firm, which only invests in properties in and around Washington D.C., has previously raised funds from the Yale Endowment and CalSTRS, among others.
Manhattanites Fresh Direct Just Raised $10M From Apollo Management, Kita Capital Management, Maverick Capital, PineBridge Structured Capital and more
The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete. The reader should not assume that the informa...
In Washington state, Tesla finds way to share the road with dealers
A Tesla Model S electric car is shown for sale at a Tesla store in a shopping mall in La Jolla, California September 6, 2013....
The Defense Industry Relies Heavily on Private Equity Funds
Investment companies bought up government contractors during the boom years, but now their acquisitions face declining spending and a reshaping industry....
Essex to Buy BRE for $4.3 Billion in Apartment REIT Deal
Essex Property Trust Inc. agreed to buy BRE Properties Inc. for about $4.3 billion, creating the largest publicly traded apartment owner on the U.S. West Coast. The combined company will own about 56,000 units in California and Seattle, areas that are among the top U.S. markets for rental growth. The transaction forms the only publicly traded real estate investment trust solely focused on West Coast apartments, and will provide a greater competitive advantage, said Michael Schall, president and chief executive officer of Palo Alto, California-based Essex.