• http://bryanshaffer.com/slsinvestments/wp-content/uploads/slide/tech1overview1.png
  • http://bryanshaffer.com/slsinvestments/wp-content/uploads/slide/dd1overview1.png
  • http://bryanshaffer.com/slsinvestments/wp-content/uploads/slide/trans1overview1.png
  • http://bryanshaffer.com/slsinvestments/wp-content/uploads/slide/distressedadvisory11.png
  • .
  • .
  • .
  • .

Private Equity

A Tale of Two Buildings: Gamemaker Zynga’s $228M Purchase Underscores Growth Spurt of Social Networking Cos.

March 8, 2012

Costar… One week after Web-based software maker Salesforce.com cancelled its plans to build a massive office complex in San Francisco leaving investors and city officials puzzled, another highly successful Internet company, Zynga Inc., struck a deal to purchase its corporate headquarters in San Francisco from an affiliate of TMG Partners for $228 million. The developer of popular online games such as Farmville, CityVille and Words With Friends, Zynga… See original here: A Tale of Two Buildings: Gamemaker Zynga’s $228M Purchase Underscores Growth Spurt of Social Networking Cos. Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

As Banks Cautiously Return to CRE Lending, CMBS Market Poised for Takeoff

March 8, 2012

Costar… CMBS markets are ramping up for a blast of activity that they haven’t seen since the first half of last year. In the past few days, three new deals totaling $2.67 billion have priced or hit the streets, part of an expected larger volume of spring deals to come. “The roughly $11 billion of CMBS deals lined up through April puts the market on pace for PPR’s prediction of $35 billion in 2012,” says John O’Callahan, capital market strategist for CoStar… See original here: As Banks Cautiously Return to CRE Lending, CMBS Market Poised for Takeoff Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Biotech, Lab Property Owners Holding Their Own Despite Shifting Landscape for Tenants

March 8, 2012

Costar… Big changes are roiling U.S. biotechnology and life sciences companies — and by extension the real estate owners that rent them with lab, R&D and manufacturing space — with pressures from global markets and regulatory and economic uncertainty causing tenants to rethink their property footprints and expansion plans, and even downsize in some cases. While the changes over the last five years have inevitably created volatile market conditions for… Read more from the original source: Biotech, Lab Property Owners Holding Their Own Despite Shifting Landscape for Tenants Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

U.S. Mint HQ Fetches $147.5 Million

March 2, 2012

Costar… NSP Ventures Corp. purchased the U.S. Mint headquarters building at 801 Ninth St. NW in Washington, DC, from Wereldhave USA Inc., a commercial real estate investment firm based in the Netherlands, for $147.5 million, or approximately $624 per square foot. The eight-story, 236,054-square-foot office property is one block away from Gallery Place Metro Station and is next to the 1.9 million-square-foot mixed-use CityCenterDC development. Stanley… See original here: U.S. Mint HQ Fetches $147.5 Million Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Macys.com Leases 242,573 SF in San Francisco

March 1, 2012

Costar… Macys.com, the e-commerce business for mega retailer Macy’s Inc., leased 242,573 square feet at the 14-story mid-rise at 680 Folsom St. in San Francisco. The online operation will occupy seven floors of the 476,000-square-foot, Class A office building in the South of Market district. The 15-year lease term has a January 2014 move-in date. The technology division will relocate from several local properties including 685 Market St., a 219,831-square… Continue reading here: Macys.com Leases 242,573 SF in San Francisco Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Non-Traded REITs May Look to Cash In On Market Cycle With Public Offerings

March 1, 2012

Costar… American Realty Capital Trust Inc.’s board of directors and chairman believe that the timing is right for more REITs to enter the publicly traded market. That’s exactly what the non-publicly traded REIT is doing this week, with plans to offer up to 6.6 million shares of common stock at an assumed price of $11.50 per share in an initial public offering as the REIT’s operating partnership looks to repay indebtedness and raise general working capital… Read the original post: Non-Traded REITs May Look to Cash In On Market Cycle With Public Offerings Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

SL Green Closes on $252.5M Acquisition in NYC

February 28, 2012

Costar… SL Green Realty Corp. (NYSE: SLG), the largest commercial office landlord in New York City, has closed on its previously announced acquisition of the HarperCollins Bldg. at 10 E. 53rd St. in New York City. The total purchase price came to $252.5 million, or approximately $647 per square foot. The company then entered a joint venture with Canada Pension Plan Investment Board (CPPIB), which took a 45 percent ownership stake in the property with… View post: SL Green Closes on $252.5M Acquisition in NYC Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

In The Pipeline: CoStar Development & Construction News for Feb. 27 – March 3

February 27, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. Architecture Billings Point Toward Slow Recovery The Architectu Read the rest here: In The Pipeline: CoStar Development & Construction News for Feb. 27 – March 3 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

CoStar’s People of Note (Feb. 12-18)

February 17, 2012

Costar… This week’s People of Note includes the following markets: Atlanta, Charlotte, Dallas, Houston, National, New York City, Orlando, Phoenix, Portland, San Francisco, Tampa/St. Petersburg, Tucson and Washington, DC. WASHINGTON, DC Avison Young Expands Corporate Services Team in DC By Chris Crouse Industry veterans Bruce McNair (pictured far left) and Bill Morris (left) lead an eight-person team that has joined Avison Follow this link: CoStar’s People of Note (Feb. 12-18) Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

GREEN LEAD | Green Building News from CoStar

February 17, 2012

Costar… GREEN LEAD is a column on environmental and sustainable design and construction, best practices for green building maintenance and operations, economic impact on developers and owners, new LEED and Energy Star building certifications, and trends in the Green Building movement. Send in your Green News Leads to news@costar.com LEED Doesn’t Cost More – Army Replies to View original post here: GREEN LEAD | Green Building News from CoStar Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Big Bet On Bricks and Mortar: Westfield Deal Seen Raising Value of U.S. Mall REITs

February 16, 2012

Costar… The Westfield Group has formed a $4.8 billion joint venture on 12 regional shopping malls in the United States with the Canada Pension Plan Investment Board (CPPIB.) The deal is the largest real estate investment made by the institutional investor, and a big bet on the future health of U.S. shopping malls. The investment gives CPPIB ownership interests in 26 malls in major U.S. markets. It has also invested in malls in the U.K., Australia, Brazil… Read the original post: Big Bet On Bricks and Mortar: Westfield Deal Seen Raising Value of U.S. Mall REITs Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Real Estate On the Menu at KFC, Taco Bell and Pizza Hut

February 16, 2012

Costar… Yum! Brands, the world’s largest restaurant company with more than 38,000 eateries in more than 110 countries, is turning more and more of its attention to China. To help fund its expansion overseas, the firm is in the process of selling off a big chunk of its U.S. restaurant real estate. The Louisville, KY-based company’s restaurant ownership in the U.S. dropped to 13% from 15% last year. Yum! Brands closed or sold/refranchised 404 restaurants… Original post: Real Estate On the Menu at KFC, Taco Bell and Pizza Hut Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Apartment, Office Properties Record Strongest CRE Pricing Recovery In 2011

February 16, 2012

Costar… Powered by continuing gains in apartments and growing momentum in the office sector, the CoStar Commercial Repeat Sale Indices (CCRSI) National Composite Index ended 2011 significantly above its cyclical low last March, despite a relatively flat fourth quarter for pricing. CRE sale prices stalled a bit in December as heavy year-end trading kept pricing stable in the fourth quarter, a trend CoStar has observed in each of the past two years, according… Read more: Apartment, Office Properties Record Strongest CRE Pricing Recovery In 2011 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Apartment Portfolio Sells For $169M

February 14, 2012

Costar… In one of Southern California’s largest deals of the year, Greystar Real Estate Partners LLC acquired four multifamily buildings from BlackRock, Inc. for $169 million. The deal includes 5880 Lochmoor Drive, a 158-unit apartment in Riverside, CA; 11201 Otsego Street, a 100-unit complex in North Hollywood; 7039 Charmant Drive, a 312-unit multifamily in San Diego; and 1100 Calle Del Cerro, a 250-unit complex in San Clemente, CA. Collectively… Read more: Apartment Portfolio Sells For $169M Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Flow International Corp Leases 146,000 SF in Kent

February 13, 2012

Costar… Flow International Corporation, an inventor and world leader in waterjet solutions, signed an eight-year lease extension for 146,329 square feet of office and warehouse space at 23500 64th Avenue S. in Kent, WA. Flow International originally signed a lease on January 1, 2003 until December 31, 2012 before agreeing to extend the term of the lease early. This location will now serve as the company’s headquarters until January 31, 2020. The two… Read the original: Flow International Corp Leases 146,000 SF in Kent Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Good Vibrations the Continuing Theme for the Multifamily Business

February 9, 2012

Costar… Overlooking the fact that the 20- to 34-year-old renters driving the robust apartment market are probably too young to remember the Beach Boys, apartment REIT Camden Property Trust played the surfer anthem on its pre-earnings conference call music to set the theme for the ongoing apartment industry rebound. “Our pre-conference music was chosen today to commemorate the 50th anniversary of the Beach Boys,” explained Richard J. Campo, chairman and… Continued here: Good Vibrations the Continuing Theme for the Multifamily Business Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Riverbed Technology Leases 170,000 SF in San Francisco

February 7, 2012

Costar… Building renovations have started at 680 Folsom St. in San Francisco’s south financial district and so has leasing activity. Networking firm Riverbed Technology leased floors two through six totaling 167,788 square feet under a triple net lease with a 10-year initial term. The building, which is currently undergoing renovations, will serve as Riverbed’s global headquarters. The firm expects to occupy the space following consturction completion… More here: Riverbed Technology Leases 170,000 SF in San Francisco Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

In The Pipeline: CoStar Development & Construction News for Feb. 5-11

February 7, 2012

Costar… In The Pipeline is a column on significant acquisitions of commercial land for sale , and other transactions and trends affecting office, industrial, flex, multifamily, mixed-use, hotel and public works developers. Send us news leads about your new commercial real estate project — and sign up to be added to our distribution list to receive future In the Pipeline columns by e-mail. ACC Begins Student Housing Project at Drexel University American… Read the rest here: In The Pipeline: CoStar Development & Construction News for Feb. 5-11 Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

$92M Cruise Terminal For America’s Cup Events Gets Off the Line In San Francisco

February 7, 2012

Costar… Construction has begun on the Port of San Francisco’s long-awaited 88,000-square-foot cruise terminal at Pier 27, quickly following the Board of Supervisors approval of an environmental report on the terminal and events related to the 34th America’s Cup events to be held in the city this year and in 2013. San Francisco Mayor Edwin M. Lee said the James R. Herman Cruise Terminal is a key port infrastructure project to host the prestigious 160… Follow this link: $92M Cruise Terminal For America’s Cup Events Gets Off the Line In San Francisco Find our Weekly Commercial Real Estate, Private Equity and Fund Newsletters at www.WeeklyBrief.net

Read the full article →

Private Equity Checks In at Jameson Inn

January 11, 2012

Colony Capital, a California-based private equity firm, on Monday won a hard-fought battle among creditors for control of the Jameson Inn chain of 103 budget hotels in the Southeast and Midwest U.S.

Read the full article →

← Previous Entries

Next Entries →