Business Specialties
FirstService Residential Tapped to Manage NJ Portfolio
Alfred Sanzari Enterprises’ seven multifamily assets in Bergen and Middlesex counties include more than 500 units, which are nearly 100 percent leased.
Coachella Hotel Receives $8M Funding
The financing represents 15 percent of the total $51 million development cost for IHG-Hotel Indigo. Pace Equity secured the loan in partnership with Renew Financial.
MCR Acquires Cincinnati Hilton Garden Inn
The firm will also manage the 88-key Hilton Garden Inn Cincinnati Northeast, which features a fully equipped fitness center, a 24-hour business center and an indoor pool.
Simone Development Snags CT Warehouse/Office Asset
The 118,500-square-foot property at 316 Courtland Ave. currently has 65,638 square feet of warehouse and R&D, as well as 12,768 square feet of office space available for lease.
Marshall Hotels to Manage Central AL Asset
The 63-key Hotel Indigo, previously known as The Hotel Highland at Five Points South, sits a short walk from the University of Alabama at Birmingham.
JV Sells, Completes Renovations of Denver Adaptive-Reuse Project
The adaptive-reuse project is partly leased to Soledi U.S. and Design Wright Studio, and more than 28,000 square feet is currently available for lease.
WEDGE Snags Houston-Area Office Building
An HFF advisory and debt placement team represented the seller and arranged a long-term, fixed-rate acquisition financing on behalf of the borrower.
GTT Communications Signs New Lease in Austin
The internet service provider will occupy roughly 45,000 square feet of office space at KBS Realty Advisors’ Stonebridge Plaza I and II.
Terreno Picks Up Newark Industrial Asset for $6M
The company completed the transaction with the help of $55 million in acquisition financing, secured by a nine-property portfolio located mostly in the Jersey cities of Newark and Kearny.
AREA15 to Bring Immersive Retail, Entertainment to Las Vegas
Real estate development firm Fisher Brothers and creative agency Beneville Studios have teamed up to deliver the 126,000-square-foot project by late 2019.