Keith Loria
Colony American Finance Grabs $165M Loan Portfolio, Partners with Auction.com
Colony American Finance has purchased a $165 million portfolio of acquisition lines secured by single-family homes from Archetype Credit Opportunity Fund, a private money lender backed by the original investors in Auction.com.
Miami Worldcenter to Add 60-Story Condominium Tower
Miami Worldcenter will soon be adding Paramount Worldcenter, a 60-story condominium that will sit above retail giants Macy’s and Bloomingdale’s in Miami’s noteworthy mixed-use complex.
Industry Partners, RKF To Market Space in Converted L.A. Coca-Cola Plant
GPI Cos. and Atlas Capital plan to transform a former Coca-Cola production facility into 150,000 square feet of creative office, retail and restaurant space.
Bucksbaum, Steiner Get $165M in Financing for Cincinnati Suburb Retail Center
A joint venture between Bucksbaum Retail Properties and Steiner + Associates, along with financial partner Mount Kellett Capital Management, received $165 million in construction financing for Liberty Center, a 626,791-square-foot retail town center development in Liberty Township, a northern Cincinnati suburb.
Shubin Nadal, DRA to Rebrand 800 KSF Office, Industrial Property in L.A.
Shubin Nadal Realty Investors has teamed with DRA Advisors on the acquisition of the 44-acre Harman International Business Campus located in the heart of the San Fernando Valley area of Los Angeles, and will rebrand the property as “The Campus.”
TA Associates Buys 272 KSF Office Tower in Iselin, NJ
TA Associates Realty has acquired 99 Wood Ave. S., a 272,000-square-foot trophy office building in Iselin, N.J.’s resurgent Metropark office market.
Core Capital, Downtown Properties JV Buys 150-Key Hyatt Place San Diego
A joint venture affiliated with Core Capital Investments and Downtown Properties has acquired the 150-key Hyatt Place San Diego from an entity controlled by ABA Development.
Madison Realty Provides $66M in Financing for 3 M-U Properties in Queens
Madison Realty Capital has closed on $66 million in bridge financing for three adjacent properties in Flushing, N.Y., owned by the same borrower, who plans to lease up and stabilize the properties following the refinancing.
Ivanhoé Cambridge Buys Interest in 2 Landmark Office Properties in Denver
Ivanhoé Cambridge has acquired a 40 percent interest in a portfolio of properties, which includes the U.S. Bank Tower, the Tabor Center and the adjacent Two Tabor development site, all located in downtown Denver.
Douglas Wilson Cos. JV Buys 2.5 Acres in Tempe
Hayden House Tempe, a partnership among Douglas Wilson Cos., Hensel Phelps Development, and Karlin Real Estate, has acquired 2.51 acres in Tempe for from Michael Monti’s Catering.