Business Specialties
NYC Mixed-Use Development Secures $190M Loan
Trinity Place Holdings has begun construction on 77 Greenwich St., which will include luxury condos and a long-awaited public school for Lower Manhattan.
Cambria Hotel Coming to Orlando
Choice Hotels International has once again teamed up with Stratus Development Partners to build a 153-key Cambria Hotel. The property is scheduled to open in 2020.
Miami’s Citigroup Center Emerges From $20M Makeover
Crocker Partners has completed the upgrade of the 803,000-square-foot office tower, refurbishing the exterior, transforming the lobby and creating the largest tenant amenity conference center in the downtown market.
Forest City Initiates Major Retail Selloff
Once the Madison International Realty and QIC transactions are completed, Forest City will have exited from substantially all of the shopping center-based retail in its portfolio.
South FL Shopping Center Trades for $33M
JBL Asset Management has acquired Flamingo Pines Plaza, a nearly 140,000-square-foot community retail center, located in the South Florida submarket.
PA Casino Resort Commands $281M
Boyd Gaming acquired Valley Forge Casino Resort, a 40,000-square-foot casino in King of Prussia. The resort includes 500 hotel rooms, eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.
Skanska to Build $125M Mixed-Use Tower in MA
The company is developing on EF Education First’s campus in Cambridge. EFIII will include office and administrative accommodations, as well as student housing.
Blackstone Closes $1B CLO
The CRE collateralized loan obligation, which diversifies the company’s funding sources, is the largest of its kind since the financial crisis.
Rockbridge Opens Nashville Luxury Hotel
The restored 13-story downtown property first opened as a hotel in 1930 and now features a fitness center, complimentary Wi-Fi, valet parking and a rooftop bar.
C&W’s John Cefaly on What Makes a Top Broker
Close to celebrating half a century at the 100-year-old firm, this leading New York broker has advice to share.