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Ivanhoe Cambridge, CCP Acquire 85 Broad Street in Manhattan

Ivanhoé Cambridge, Inc. and its investment partner, Callahan Capital Properties (CCP), have acquired the office building at 85 Broad St. in New York City for approximately $ 650 million, or about $ 580 per square foot, from a joint-venture between MetLife Real Estate and Beacon Capital Partners. MetLife previously owned the tower before bringing on

SoftBank to Acquire Major CRE Investor Fortress Investment Group for $3.3 Billion

By kckazFebruary 15, 2017Uncategorized$3.3, Acquire, billion, Fortress, Group, Investment, Investor, Major, SoftBank

In a deal that has some market analysts scratching their heads, Japanese telecom giant SoftBank Group Corp. announced the surprising move of buying New York private-equity firm Fortress Investment Group LLC (NYSE: FIG) for $ 3.3 billion in cash. Fortress, an alternative-asset manager with $ 70.1 billion in assets under management, is a major investor

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Ivanhoe Cambridge, CCP Acquire 85 Broad Street in Manhattan

SoftBank to Acquire Major CRE Investor Fortress Investment Group for $3.3 Billion