Business Specialties
Korean Fund Manager Provides $126M Loan for Toronto Hotel
Princes Gates Hotel LP, owner of Hotel X Toronto, will use the funds to refinance the newly opened, 404-key lodging destination.
2-State Self-Storage Portfolio Changes Hands
Cushman & Wakefield and JLL teamed up to represent the seller of the institutional-caliber properties, which serve upscale areas of Los Angeles and Houston.
Tryperion Partners Sells San Antonio Tech Center
St. Croix Capital Cos. purchased the three-building complex with the help of $11.9 million in acquisition financing. The property is within the University Park on Network Boulevard.
Knotel Signs Another Manhattan Lease
The coworking company signed an 11,940-square-foot, five-year lease in a GFP Real Estate-owned Chelsea office building, joining a roster of tenants including Breather and HSBC.
NC Aloft Hotel Lands $25M Refi
Walker & Dunlop structured the 10-year, non-recourse refinance loan for the 115-key Aloft Asheville, working on behalf of McKibbon Hospitality, the property’s owner and developer.
Revamped Office Asset to Become Salesforce Tower Atlanta
A CBRE team assisted the ownership in closing several new leases, renewals and expansions, including a long-term deal with the computer-cloud giant.
Morgan Stanley to Buy Helsinki Mall for $592M
Advised by Cushman & Wakefield, Wereldhave will sell Itis, a 1.1 million-square-foot property counted as one of the largest shopping centers in the Nordics.
Monmouth Buys NJ Industrial Asset for $85M
The company has acquired a 347,145-square-foot building in Trenton, upping its portfolio to 112 properties and approximately 21.5 million rentable square feet.
Disney World to Add Nature-Themed Resort
Joining three other new or extensively renovated destinations in the area, the project will bring more than 900 guestrooms and Disney Vacation Club villas to Lake Buena Vista, Fla.
Mortgage Company Inks Suburban Philly HQ Lease
Tequesta Properties has welcomed Gateway Mortgage Group to The Holtec Center, a premier office building which previously housed Holtec International.