Larry Silverstein, redeveloper of towers at New York’s World Trade Center site, said he will expand investment in China and enter Israel for the first time to capture rising demand from wealth built on natural resources.
Frank Fudem, a San Francisco broker for office tenants, realized that rents in the city were about to spike as Twitter Inc. agreed to move to a gritty neighborhood and leasing by technology companies started to accelerate.
Tishman Speyer Properties LP, the owner of New York’s Rockefeller Center, wants more deals with China Vanke Co. after partnering with the nation’s biggest developer on its first foray into the U.S. real estate market.
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 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.