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Every year two investment titans—Blackstone's Byron Wien and TheStreet's Doug Kass—put out their annual prediction list.
Why: For all Bruce’s bold (smack) talk about taking on Blackstone, he's been backing it up with deals.
This Week's Boston Deal Sheet
Google paid $215M for the 554,328 SF Bayhill Office Center in San Bruno for its YouTube division, signaling plans for major growth.
$5.3B deal for Stuy Town-Peter Cooper Village means pay dirt for five CMBS conduit deals made during Tishman Speyer’s buy (and default) of the complex.
Carlyle Group’s profits tumbled 57% in Q4’15 from slowing asset sales, following similar drops from fellow giants Blackstone and Apollo.
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The site was originally going to be turned into a mixed-use megadevelopment, but the deal fell apart in the financial crisis.
Bricton Group paid $20.7M for the hotel last month.
CMBS delinquencies just saw their biggest monthly drop on record for January, falling 109 bps down to 2.93% from 4.02% at year’s end.
StonebridgeCarras plans to break ground on the 1.5M SF Oakville mixed-use development across from Potomac Yard in 2017
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