Keith Loria
PA Casino Resort Commands $281M
Boyd Gaming acquired Valley Forge Casino Resort, a 40,000-square-foot casino in King of Prussia. The resort includes 500 hotel rooms, eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.
Douglas Emmett Snags $144M Beverly Hills Office
Home to several health-care businesses, the 146,300-square-foot building is located at 9401 Wilshire Blvd., at the corner of Wilshire and Canon in the Beverly Hills Golden Triangle.
Greater-LA Office Building Commands $117M
Olive Hill Group is the new owner of 520 Broadway, a rare Class A asset situated in an extremely supply-constrained area of downtown Santa Monica, where demand and rents will continue to rise over the next several years.
Choice Hotels to Buy WoodSpring Suites for $231M
The company will become the brand’s franchisor, strengthening its leadership in the extended-stay segment with the acquisition of 240 hotels in 35 states.
Newly Designed JFK-Based Hotel Tops Out
The redeveloped TWA Hotel is on track to open at John F. Kennedy International Airport in New York in early 2019. Special features will include a Jet Age and mid-century museum, as well as the world’s largest lobby.
Crestone Partners Buys Denver Office Tower
HFF arranged $70.7 million in financing for the acquisition of Granite Place at Village Center in Greenwood Village, Colo. The company secured the loan through Principal Real Estate Investors.
LA Office Campus Fetches $117M
NKF Capital Markets represented Rockwood Capital and Marshall Property in the sale of the 203,946-square-foot Class A property to Deutsche Asset & Wealth Management.
CH2M Center Lands Hefty Recapitalization
The 10-story office tower offers a mix of traditional and creative space, with views of downtown Portland. The building is 87 percent leased to nine tenants.
Endurance JV Acquires PA Industrial Portfolio
Endurance Real Estate Group LLC and Thackeray Partners team on the purchase of Penn Warner Industrial Park, located in Fairless Hills, expanding industrial holdings in Pennsylvania.
ATCAP Snaps Up 16-Building Industrial Portfolio in Houston
HFF represented Stockbridge Capital Group in the sale of the properties, while also arranging acquisition financing for the buyer, through a fixed-rate loan with Global Atlantic Financial Group.