Portfolio Investment Activity 

Acquisitions:
600 Clipper, Belmont, CA
Purchase of 157,269 sf office property = $59 million

Financing:
Gallery Place, Washington, DC
Restructuring and refinancing of JV holding mixed-use asset = $41 million
 
Dispositions:
Curling Club, Hoboken, NJ
Sale of 240-unit multifamily property = $123 million

Main Executive Center, San Rafael, CA
Sale of 142,341 sf office asset = $30 million 

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BIT News

Union Investment Brings New Development and Jobs to Seattle Workers Honored by Developers at Luncheon
BIT Beats Industry Benchmark BIT's gross returns for the first quarter of 2012 exceed the industry benchmark

Commercial Real-Estate News

Mortgage Rates Below 4% Mortgage rates this week fell to their lowest level since June 2013, mortgage-finance company Freddie Mac said Thursday, as the jitters being felt in the stock and bond markets ripple throughout the economy.
Thu, 16 Oct 2014 20:38:06 EDT

Many on Renwick Street Embrace Development Renwick Street, one of a few, largely hidden one-block streets in Manhattan, is coming out from the shadows with a burst of new development construction.
Fri, 17 Oct 2014 13:10:16 EDT