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

BIT Hosts Worker Appreciation Luncheon Union Workers at Playhouse Plaza Thanked for their Commitment to Excellence
BIT Holds Appreciation Luncheon in New York September 26, 2014 New York, NY

Commercial Real-Estate News

Forced Sellers Could Get More in Florida Florida lawmakers are considering closing a legal loophole that allowed real-estate investors to force some condominium owners to sell their units for less than they paid for them.
Tue, 24 Mar 2015 22:10:34 EDT

Bahamas Resort's Delay Hurts China's Construction Plans The opening of a $3.5 billion Bahamas resort was delayed again as a state-owned Chinese construction company and the local developer feuded over who is to blame for mismanaging the project.
Fri, 27 Mar 2015 00:16:56 EDT