Rexford Inks $1.2B Sale Of 22 Industrial Properties
Rexford Industrial Realty Inc. plans to sell a portfolio of 22 industrial properties throughout Southern California to an EQT affiliate for about $1.2 billion, the real estate investment trust announced Tuesday.
FBI HQ Switch Exceeds Statutory Authority, Md. Judge Rules
A Maryland federal judge on Monday blocked the Trump administration from walking back on plans to build a new FBI headquarters in the state, saying the administration's bid to switch the headquarters project t... (more story)
World Cup Helps Hotels Score In Q2 Despite Middle East War
The FIFA World Cup boosted second-quarter results for hotels, partly offsetting headwinds from the Middle East conflict, according to several industry leaders who recently reported their quarterly earnings.
Calif. Tribe Challenges Feds' Gaming Approval Reversal
A California tribe is asking a federal judge in Washington, D.C., to block the U.S. Department of the Interior's decision last month to undo its approval of the tribe's 160-acre gaming facility project, arguin... (more story)
Kirkland, Ropes & Gray Steer Brookfield-SWI's $694M Multifamily JV
Ropes & Gray LLP and Kirkland & Ellis LLP advised as Varia US, owned by Switzerland's SWI Group, formed a nearly $700 million joint venture with Brookfield Asset Management to recapitalize 13 of its 17 U.S. mu... (more story)
EQT Real Estate Closes Midwest Logistics Portfolio Sale
One of EQT Real Estate's funds has sold a 4.4 million-square-foot logistics portfolio consisting of 20 Midwest properties in Ohio, Missouri and Kentucky, the private equity firm announced Monday.
Saul Ewing Retail Pro Sees 'Tug-Of-War' At Negotiating Tables
Open-air shopping centers with big-name brands are driving demand in the retail sector, leading to a dynamic where heavyweight tenants are calling more shots on leasing terms, according to a Saul Ewing LLP rea... (more story)