Keith Loria
Hudson Team Arranges $72M in Financing to Refi Retail Centers in Washington, California
The Hudson Team of George Elkins Mortgage Banking Co. arranged financing for two CMBS loans totaling $72 million, secured by two neighborhood retail centers in Fullerton, Calif., and Lacey, Wash.
Greystone Launches New Affordable Loan Program
Greystone has launched its Greystone Affordable Loan Program, which provides long-term, fixed, forward rate-lock financing for multi-family affordable housing properties.
Clarion Buys Student Housing Community in Tucson
Clarion Partners has acquired Retreat at Tucson, a 183-unit student housing community located in close proximity to the University of Arizona’s main campus.
RXR, Walton to Buy 237 Park in Manhattan from Lehman
RXR Realty and an affiliate of Walton Street Capital, have acquired 237 Park Ave., a 21-story office building, from an entity controlled by an affiliate of Lehman Brothers Holdings.
Lowe, Alecta Form JV to Develop Seattle-Area High-Rise
Lowe Enterprises Investors and Alecta, Sweden’s largest mutual pension company, have formed a joint venture to develop a 24-story condominium building in the First Hill area of Seattle.
Blackstone Founder Raises $260M, Breaks Ground on Schwarzman College in Beijing
Blackstone founder Stephen Schwarzman has helped raise $260 million for Schwarzman Scholars, which will be utilized for Schwarzman College at Tsinghua University in Beijing, one of the first academic buildings constructed in China that will target LEED Gold and China Green Building Label certification.
Harrison Street Completes Largest Self-Storage Portfolio Sale of 2013
Public Storage REIT has acquired a portfolio of 43 self-storage properties totaling 22,500 units in five states from Harrison Street, accounting for the largest self-storage portfolio transaction of 2013 so far.
Mack Urban, AECOM Acquire Six Acres in Los Angeles CBD
Mack Urban and AECOM Capital have teamed to acquire six acres of land in downtown Los Angeles’ South Park district, on which they plan to build a new mixed-use neighborhood.
FirstService Sells Field Asset Services to Assurant
Assurant has acquired 100 percent of the equity of FirstService Corp.’s Field Asset Services business. It will use the proceeds from the sale to increase its real estate business by investing in Colliers International, FirstService Residential and FirstService brands.
Chambers Street Signs New Lease for 450 KSF near Charleston, SC
Chambers Street Properties has signed a 450,000-square-foot lease at Jedburg Commerce Park, a warehouse/distribution property in Summerville, S.C.