Barbra Murray
SS&C Technologies Targets Mortgage REITs with New Servicing Group
SS&C Technologies Holdings has expanded its business offerings to the real estate industry with the establishment of its REIT servicing group.
Swire Hotels to Debut in U.S. at $1.5B M-U Development in Downtown Miami
Hong Kong-based Swire Hotels will make its entrée into the U.S. with the opening of EAST, Miami at Brickell City Centre.
Federal Capital Partners, Roi-Tan JV Buys Historic Cigar Factory in Charleston, SC
The historic Cigar Factory building in Charleston, S.C., is destined for a major makeover now that joint venture partners Federal Capital Partners and Roi-Tan Investments have acquired the 245,000-square-foot office structure and announced plans for its $55 million transformation into a premier mixed-use office and retail property.
CBRE Arranges $142M Loan for 4 MSF Industrial Portfolio in Georgia, Nevada, Texas
KTR Industrial Fund III, an investment vehicle of KTR Capital Partners, has just reeled in $142 million of financing for a 4.3 million-square-foot portfolio in Georgia, Nevada and Texas, courtesy of a helping hand from CBRE Capital Markets’ Debt & Structured Finance group.
HFF Secures $165M in Financing for 2 MSF Retail Portfolio in Pennsylvania, Ohio
A 1.9 million-square-foot collection of four retail properties in metropolitan Pittsburgh and the greater Toledo region has reeled in $165 million in financing.
PM Hospitality Opens First Westin in Delaware
Wilmington, Delaware’s skyline is altered and its stature gets a boost with the opening of The Westin Wilmington. The brand new 180-room hotel, developed by a joint venture consisting of Buccini/Pollin Group and Westport Capital and managed by PM Hospitality Services, marks the debut of the Westin brand in the State of Delaware.
Avison Young Buys Commercial Texas, Opens Office in Austin
Avison Young offices continue to pop up across the country like flowers in springtime. The Toronto-based commercial real estate services firm just set up shop in Austin, with the acquisition of Commercial Texas and the opening of a new office.
MGM, Hakkasan Group Form JV Hotel Company
MGM Resorts International and Hakkasan Group have partnered before, but now the two companies are taking their relationship to the next level with the creation of MGM Hakkasan Hospitality, a joint venture hotel management company.
Cresa Expands into London
Cresa has long been known as a leader in tenant-only commercial real estate services, and now the firm is increasing its footprint across the pond and beyond.
KBS Buys 2 Office Buildings Totaling 490 KSF for $187M in Bellevue, Wash.
KBS has snapped up The Plaza Buildings, two office towers encompassing 490,000 square feet in Bellevue, Wash., for $186.5 million.