Tishman Speyer Properties LP restructured $175 million in debt on a 22-story downtown Seattle office building , following arrangements earlier this year to rework loans for Chicago and Washington, D.C.-area holdings.
Tishman Speyer Properties LP raised 1.2 billion yuan ($190 million) from Chinese investors for a real estate fund that will develop a two-tower, mixed-use project in Suzhou as the local economy expands.
Tishman Speyer Properties LP plans to build a San Francisco office building without having a signed tenant, the city’s first speculative project since 2006, as demand for space surges amid growth at technology companies.
Galerie Thaddaeus Ropac sold $2.4 million of blue-chip art halfway through the exclusive opening of the Armory Show this week in New York, as the city’s biggest event of its kind got off to a busy start.
A Gerhard Richter painting with a price of between $20 million and $25 million led sales at the world’s biggest fair of modern and contemporary art where U.S. billionaires Steven Cohen and Jerry Speyer were among the VIP visitors.