Barbra Murray
HFF Arranges $42M Loan for South Florida Hotel Purchase
A joint venture led by DoveHill Capital Management used the proceeds to help fund the $66 million acquisition of the 236-key Renaissance Fort Lauderdale Cruise Port Hotel in Fort Lauderdale.
iintoo Buys RealtyShares Assets
With the completion of the transaction, the global real estate investment network has supplemented its assets under management by 150 percent, reaching a total value of $2.5 billion.
Will Manhattan’s Office Challenges Hit CMBS Assets?
Kroll Bond Rating Agency’s new report evaluates the exposure of $25.3 billion of Midtown Manhattan office assets to issues facing the submarket.
Chicago-Area Recreation Center Becomes Passive House Leader
Wight & Co. recently completed the Prairie Activity and Recreation Center in Plainfield, Ill., the first building of its kind constructed for PHIUS+ Source Zero certification.
Toll Brothers JV Breaks Ground on NJ Creative Office Project
Part of the company’s Maxwell Place development in Hoboken, N.J., the mixed-use tower will feature a 110,800-square-foot office segment.
European Hotel Investment Volume Still Riding High
For the 12-month period ending in the first quarter of 2019, lodging transactions totaled €23 billion ($25.7 billion), with trades in the U.K., Spain and Germany accounting for the bulk of the activity.
Park Hotels, Chesapeake Lodging Trust to Merge in $2.7B Deal
Once the transaction is completed, the resulting company will own a 35,384-key, 66-property portfolio and have an estimated enterprise value of $12 billion.
Momentum Persists for Industrial, Office Sectors; Lags for Retail
Occupants and investors believe that online shopping will continue to weaken the retail market, according to a new RICS U.S. Commercial Property Monitor report.
Portland Office Campus Trades for $118M
Goldman Sachs Merchant Banking and Lincoln Property Co. bought Field Office a year after its completion. The seller and developer was a joint venture of Project^ and National Real Estate Advisors LLC, which was represented by Newmark Knight Frank.
Paramount Group Signs First Republic to SF Lease Expansion
The financial services provider’s 515,000-square-foot lease at One Front Street accounts for 80 percent of the 38-story trophy tower.