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

REITs Close the Door on Underwriters A slowdown in equity deals in the REIT sector has crimped the fees of some Wall Street firms.
Tue, 29 Jul 2014 20:11:39 EDT

Home-Builder CEO Pay Rises Total compensation for chief executives at the largest U.S. home-building corporations jumped 37% last year as sales and construction picked up, but stockholders didn't fare as well.
Tue, 29 Jul 2014 20:20:21 EDT