Barbra Murray
Savills Studley Office Report: Shifting Concessions
Per the firm’s 2018 Effective Rent Index, rates continue to increase and concessions remain on the downswing in tech-centric cities, while markets dependent on traditional users experience the opposite.
$300M Margaritaville Resort Coming to NYC
Scheduled to debut in 2020, the 234-key Margaritaville Resort Times Square is being developed by a partnership including Soho Properties and MHP Real Estate Services.
Invesco Buys 200 KSF Cambridge Life Sciences Campus
Acting on behalf of The Davis Cos., HFF sold The Quad, which comprises four warehouse and R&D buildings in West Cambridge.
C&W Arranges $70M Loan for Baltimore Office Property
Acting on behalf of Banyan Street Capital, the commercial real estate services firm orchestrated financing for One East Pratt, a 355,000-square-foot downtown building.
Brookfield Secures Partners for $15B Purchase of GGP
The company has obtained commitments from four investment entities, including CBRE and TH Real Estate, to help finance its planned acquisition of the retail property owner.
HFF Orchestrates $260M Loan for Manhattan Mixed-Use Project
The advisory team arranged the financing for the construction of 202 Broome Street, a mixed-use building being erected within Delancey Street Associates’ $1.3 billion Essex Crossing development.
Tropicana Entertainment to Sell for $1.9B
Majority owned by Icahn Enterprises, Tropicana will sell its real estate assets to Gaming and Leisure Properties and merge its gaming and hotel operations with Eldorado Resorts in the all-cash deal.
Investra JV Grabs Major Hotel Portfolio
Hospitality Ventures Management Group and Investra Capital Group acquired a collection of 12 select-service hotels located in secondary and tertiary markets across five states.
HFF Arranges Loan for SF High-Rise Expansion
The Swig Co. will use the construction financing to complete a building addition that will increase the size of its office property in the city’s SOMA submarket to 266,000 square feet.
SL Green to Sell NYC Office Condo for $633M
Along with joint venture partner Ivanhoé Cambridge, the REIT will sell the 674,000-square-foot building to an institutional client of Invesco Real Estate.