Business Specialties
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.
Council Approves Plans to Build First NYC Outlet Mall, NY Wheel
Staten Island’s North Shore will become home to the world’s tallest Ferris wheel and a $260 million outlet center now that the New York City Council has approved the project expected to become an instant tourist attraction and landmark on New York Harbor and the city’s skyline.
Goddard Grabs 440 KSF Class A Office Building in Atlanta
Acting through the Goddard Value-Add Office Fund I, Goddard purchased the 440,000-square-foot Class A asset, perched atop Mount Wilkinson in Atlanta’s historic Vinings neighborhood, from a Parmenter Realty Partners fund.
Hines, Goldman Partner with Pontiac Land on High-Profile NYC Condo Development
Backed by $860 million in construction financing from a consortium of Asian bankers, a high-profile luxury condominium project planned for 53 W. 53rd St. next to the Museum of Modern Art, is moving forward after stalling during the recession.
Leadership Skills: 2013 CREW Network Award Winners
The winners of the 2013 CREW Network Impact and Circle of Excellence awards, all highly successful professional women that have made inroads in commercial real estate, offer their words of wisdom on what it takes to be a real leader and how to mentor the next rising stars most effectively.
Meridian Orchestrates $150M Financing Deal for Manufactured Housing Portfolio
Meridian orchestrated $150 million in acquisition and permanent financing for Matrix Realty Group’s $165 million purchase of a group of 11 communities, which encompasses an aggregate 5,347 pad sites in Michigan and Alabama.
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.
Clarion to Sell Mexican Industrial Portfolio for $202M
Clarion Partners is selling a 22-building industrial portfolio located in Mexico to FIBRA Uno, a Mexican public REIT, for $202 million.
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.