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Extell Development faced foreclosure on 175 West Jackson two months ago. Now it is selling the building.
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The fund, which launched in 1998, focuses largely on U.S. office, residential, industrial and retail assets.
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The Reserve at Johns Creek was acquired from LaSalle's JLL Investment Property Trust portfolio for $25M.
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The Canadian real estate powerhouse says the government regulator's process to sell the failed bank’s loans has lacked transparency.
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Many CRE players hoped the sales would offer pricing signals for a market trying to adjust to a new reality almost four years since the start of the pandemic.
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Atlantic Cos. also developed the sister property, The Reserve at the Ballpark.
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Real estate companies such as Enterprise Community Partners, Rudin Management Corp. and others are getting into the technology investment world.
Ivanhoé Cambridge has made its first direct investment Down Under, partnering with Blackstone Property Partners to take an interest in a Sydney office complex
This Week's Boston Deal Sheet
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