Hines Investments Snaps Up Crete Luxury Resorts

Hines real estate investments has acquired Out of The Blue Capsis Elite Resort in Agia Pelagia, on Crete island in Greece.

GreenOak to Raise $500 Million for Second US Investment Fund

Investment firm GreenOak Real Estate LP plans on raising $500 million for its second U.S. investment fund, money that will be used to buy properties in large coastal cities. GreenOak’s first fund, of which already 70% had been invested, was raised to acquire office, retail and residential properties, most of them in New York city

TAG Acquires German Real Estate Firm TLG in EUR 471 Million Deal

TAG Immobilien has acquired the residential branch of state-owned real estate firm TLG after winning a bid that will require a EUR 471 million investment. The sum to be paid as part of this deal, the biggest in the German property sector for 2012, also includes TLG’s outstanding debt. TAG was one of the favorites

Read More »

BRE Properties Acquires $56.5 million Apartment Community

BRE Properties is now the proud owner of The Vistas of West Hills in Valencia, California. In an acquisition valued at $56.5 million, the apartment owner and management company purchased a 220-unity property built in 2008, consisting of 10 three-story buildings, all wood-framed and stretching across 9 acres.

RealtyBizNews: Real Estate Marketing & Beyond