Business Specialties
Transactions: June 2018
The following is a list of transactions that were announced between April 5 and May 2, 2018.
CLG Hedge Fund Originates $105M Construction Loan for TX Hotel
The Sam Moon Group broke ground on the Hyatt Regency Stonebriar, an 18-story, 303-key hotel that will be built on to the Stonebriar Center mall and feature a conference center and public library.
Dollars into Data Centers
As new technologies ramp up the volume of the nation’s data, companies are clamoring for more storage capacity. That’s good news for investors.
Office Owners Elevate Their Amenity Game
Just as corporations are competing in the war for talent, office owners are striving to attract top-quality tenants by bringing hospitality-like amenities and services to their buildings.
Can Your Smart Buildings Think?
To make the thinking building a reality, firms will need to go beyond data collection and juxtapose emerging tools like data analytics, AI and machine learning against potential cyber-security issues.
Technology Promises to Simplify CRE Finance
Commercial real estate players looking for a smoother transaction process and wider investor base are pursuing blockchain and cryptocurrency as potential solutions.
David Sonnenblick’s Boutique Firm Stands with Giants
The financier’s tenacity and collaborative drive have earned him a fruitful career over the past 30 years, including 18 years at the helm of the high-touch investment banking concern he leads with longtime partner Elliot Eichner.
Ground Breaks on $115M Hotel in Charlotte
Adding to the city’s growing lodging portfolio, The Kessler Collection will develop the luxury, 254-key Grand Bohemian in the thriving Uptown submarket.
SLC Office Campus Changes Hands
The Muller Co. has teamed up with Cerberus Capital Management to acquire Canyon Park Technology Center, a 924,634-square-foot campus in Orem, Utah.
PPL Corp. Acquires Safari Energy
The transaction will not alter PPL’s core business strategy, but will allow it to take part in the growth of distributed energy resources, including energy storage.