Keith Loria
HSBC-Led Group Lends $332M for Bal Harbour Luxury Residential Tower
Consultatio Real Estate has received a $332 million loan from a consortium of banks led by HSBC to develop Oceana Bal Harbour, a planned 240-unit luxury residential development in Miami’s Bal Harbour village.
Reis Launches Enhanced Coverage of Seniors Housing Sector
Reis Inc. will launch the nation’s first independent coverage of the seniors housing sector, offering full analytical reports covering independent living, assisted living, memory care and skilled nursing in 184 submarkets in 57 major U.S. metros.
Washington REIT Acquires DC Office Building for $105M
Washington Real Estate Investment Trust has acquired 1775 Eye St., N.W., a 185,000-square-foot office building in Washington, D.C.’s Central Business District, for $104.5 million.
CoreNet Global, Rocky Mountain Institute Offer Road Map for Energy Use
In an effort to advance the next generation of energy management in corporate real estate, CoreNet Global and the Rocky Mountain Institute have released a new framework for owners, tenants, property managers and other stakeholders.
DDR Sells Brazilian Retail Investment for $344M
DDR Corp. has sold its 50 percent ownership interest in Sonae Sierra Brazil BV Sarl, a Brazilian retail center, to German investor Alexander Otto for $344 million.
Freddie Mac to Purchase Tax-Exempt M-F Housing Loans
Freddie Mac has implemented Direct Purchase of Tax-Exempt Loans, a new initiative designed to help keep rental housing affordable for lower income families and increase cost-effective financing for tax-exempt multi-family properties.
Cardinal, Capital Solutions Receive Financing for East Denver M-F Community
A joint venture between Cardinal Group Investments and Capital Solutions has secured a 12-year fixed-rate loan for financing for Fairways at Lowry, a 450-unit multi-housing community in the Lowry submarket of Denver.
SMG/Shamrock, W Capital Group Grab Former Golden Sands Development Site in Miami Beach
A joint venture between SMG/Shamrock and W Capital Group has acquired a vacant lot at 6901 Collins Ave. in Miami Beach from a subsidiary of Lehman Bros.
Ashford Trust Launches New App for Hospitality REIT Investors
Ashford Hospitality Trust, Inc. has launched the Ashford App, a mobile app targeted toward hospitality REIT investors.