Portfolio Investment Activity* 

Acquisitions
Louden Lane, Los Angeles, CA
Purchase of a 168,000 sf industrial property

Developments
Wolf Point East, Chicago, IL
Development of 707-unit multifamily project 

*Most recent as of September 30, 2016. Transactions listed here are not a complete list of transactions for 2016 but contain a sampling of transactions during this time period. A complete list of transactions may be provided on request.

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BIT News

AFL-CIO Building Investment Trust Announces New Job Creating Development With Exciting New Video Wolf Point East is to be a 66-story, 750-foot tall mixed-use skyscraper that will generate nearly 300,000 hours of union construction work.
AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In St.Louis Missouri's labor community joined politicians, and real-estate developers to celebrate the groundbreaking of the second BIT multifamily residential project in St. Louis, Encore.
AFL-CIO Building Investment Trust & Joint Venture Partner Break Ground In Culver City The labor leaders of Southern California joined politicians, real-estate developers, and representatives of the AFL-CIO Building Investment Trust (BIT) to celebrate the groundbreaking of the Culver City Creative office.

Commercial Real-Estate News

Hospitals Spend Billions as They Expand and Update Construction spending in New York City’s health-care sector is surging as hospitals update aging facilities and add preventive health services, a new report finds.
Thu, 01 Dec 2016 19:50:38 EST

Investment Group Pays $76.5 Million for Downtown Brooklyn Development Site An investment group has paid $76.5 million for a downtown Brooklyn property, a sign that demand for development sites in the borough remains strong despite indications of softening in some of the city’s real-estate markets.
Thu, 01 Dec 2016 12:17:04 EST