May 23, 2016 | By The Morning Call Staff | The Morning Call WEISENBERG TOWNSHIP — A prominent warehouse facility off Interstate 78 in Lehigh County has changed ownership. Industrial Property Trust Inc. of Denver has acquired 9747 Commerce Circle in Weisenberg Township, according to the company's Securities and Exchange Commissionfiling. Industrial Property purchased the property…

May 19, 2015 Carey Watermark Investors Incorporated (CWI) announced that it has acquired a majority interest in the 299-room Ritz-Carlton Philadelphia (The Ritz-Carlton) in a joint venture with Philadelphia Hospitality Partners, LP, the owner of the property. Historic property in premier Center City, Philadelphia location: Originally built between 1904 and 1908 as The Girard Trust…

UDF IV, a target of Kyle Bass, says it is not operating a Ponzi scheme May 18, 2016 @ 10:43 am | By Bruce Kelly | Investment News UDF IV, a troubled real estate investment trust that had its shares stop trading in February after its offices were raided by the FBI, said on Tuesday that it…

May 18, 2016 10:06 AM Eastern Daylight Time CINCINNATI--(BUSINESS WIRE)--Phillips Edison Grocery Center REIT II, Inc. (the “Company”) today announced the strategic acquisition of three grocery-anchored shopping centers, expanding the Company’s portfolio in Texas, California and Georgia. Stone Gate Plaza is a 90,643 square foot grocery store-anchored shopping center in Crowley, Texas, a suburb 15…

May 19, 2016 16:28 ET | Source: Griffin Capital photo-release EL SEGUNDO, Calif., May 19, 2016 (GLOBE NEWSWIRE) -- Griffin Capital Corporation (“Griffin Capital”) announced today, on behalf of Griffin Capital Essential Asset REIT II, Inc. (the “REIT”), the acquisition of a 142,700 square-foot office and R&D facility fully leased to NETGEAR, Inc. (“NETGEAR”) (NASDAQ:NTGR)…

May 17, 2016, 8:08am CDT | Houston Business Journal A Houston-based real estate investment firm bought a multifamily property in the Memorial City area with plans to eventually develop a mixed-use project on the site. Moody National Cos. bought the 164-unit Le Renaissance apartment community from Texas Pinnacle Apartments for an undisclosed price, according toTranswestern’s…

KBS Strategic Opportunity REIT Inc., a publicly registered non-traded business development company, entered into an agreement to purchase 353 Sacramento in San Francisco for $169.5 million plus closing costs. The seller, Pacific EIH Sacramento LLC, is not affiliated with the company. Built in 1982, the class A, 284,800-square-foot office building sits on 0.35 acres of…

May 13, 2016 — 4:52 AM EDT | by Jack Sidders | Bloomberg An office building leased by Morgan Stanley in London’s Canary Wharf district is being offered for sale by U.S. real estate company Hines as part of a $5.5 billion property portfolio disposal, according to a person with knowledge of the matter. The Houston-based company, which…

May 12 2016 | by DI Wire KBS Strategic Opportunity REIT, a publicly registered non-traded real estate investment trust, purchased the Westpark Portfolio in Redmond, Washington for $128 million. “The dynamic location of the Westpark Portfolio presents a compelling opportunity for KBS, and tenants will enjoy the live-work-play environment, mass-transit options and accessibility,” said Jeff…