Posts Tagged ‘Acquisition’

HNA Property Holdings LLC, the real estate investment and management subsidiary of HNA Group, announced it is planning to sell its stake in the office building at 1180 Avenue of the Americas, in Midtown Manhattan. The 400,000-square-foot property is currently 100% leased, with the anchor tenant occupying approximately 126,000 square feet through November 2021. The…

There’s been much talk lately of record Asian capital being pumped into the U.S. commercial real estate market, especially in the past year. Foreign investors stole the spotlight in 2016, injecting billions in commercial assets, with a clear preference for the office and hospitality sectors. Anbang Insurance Group’s $5.5 billion buyout of Strategic Hotels &…