Cornerstone Real Estate Advisers, one of the largest global real estate investment managers, acting on behalf of an institutional client, and Spectrum Properties today announced the development of a 17-story, 217-room lifestyle hotel at the corner of Third and Church Streets in Uptown Charlotte.
Cornerstone Real Estate Advisers LLC (“Cornerstone”), one of the largest global real estate investment managers with circa US$49.6 billion (€45.6 billion) of assets under management, announces a strong year in 2015 with $17 billion of transactions undertaken and it expects to be equally active throughout 2016.
Babson Capital Management LLC, its subsidiaries Cornerstone Real Estate Advisers LLC and Wood Creek Capital Management, LLC, and Baring Asset Management Limited, announced today their intention to combine and use the Barings brand.
Cornerstone Real Estate Advisers (Cornerstone), one of the largest global real estate investment managers, today announced that on behalf on an institutional client, it has formed a joint venture with Seattle-based development company, Schnitzer West, LLC, to develop Madison Centre, a 36-story trophy quality office tower in Seattle, Washington.
Babson Capital Management, a global asset management firm with approximately $223 billion in assets under management, announced today that it led the Term Loan B issuance in a $135 million credit facility to Cambium Learning Inc. Babson also served as co-documentation agent on the transaction, which included revolving credit and term loan facilities.
300 South Tryon Street
Charlotte, NC 28202
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