Business Specialties
Tampa Hotel Lands $54M Loan
PCCP provided the senior loan for the recapitalization of the 325-key The Westshore Grand, part of the Urban Centre mixed-use complex.
Berkadia Acquires CPCP, Launches Structured Capital Group
Central Park Capital Partners, led by Noam Franklin, has diverse domestic and international finance relationships and is part of Berkadia’s strategy of becoming a one-stop shop.
Northern Nashville Office Changes Hands
The Dilweg Cos. traded the nearly 166,000-square-foot Class B asset for more than $26 million, with Pinnacle Bank providing the buyer with acquisition financing.
Apple Hospitality Buys MN Hotel for $32M
The 160-key Hampton Inn & Suites by Hilton opened in 2016 on the site of the former Seven Corners, a city landmark since 1933.
World Class Adds Arboretum Crossing to Shopping List
The 191,760-square-foot retail center is situated on 20 acres at 9333 Research Blvd., at the intersection of three of Austin’s busiest thoroughfares.
Lincoln Property Co. Tops Out AZ Office Asset
The property is the second of eight planned buildings at The Grand at Papago Park Center in Tempe, which will house 1.8 million square feet of office space.
TerraCap Acquires Orlando-Area Office Asset
The buyer paid nearly $14 million for 850 Trafalgar, a multi-tenant property situated within the 6 million-square-foot Maitland Center. NXT Capital arranged acquisition financing.
FBI Building in Denver Sells for $73M
USAA Realty purchased the 175,000-square-foot Class A office asset in the city’s Stapleton neighborhood from 90 North Real Estate Partners, in a deal brokered by JLL.
Executive Q&A: Fed Policies to Push Cycle Further
Penn Mutual Asset Management CIO Mark Heppenstall provides insights into the effects of the recent twist in Fed policies and the return of high-quality bonds.
Women’s Coworking, Community Space Opens 4th Manhattan Site
The Wing’s 12,252-square-foot, full-floor lease at the former Engineering Societies Building in Midtown Manhattan is the company’s fourth New York City location.