Business Specialties
U.S. Department of State Extends Lease in Rosslyn
Additionally, the federal executive department will take up the remaining space in the adjacent building, bringing occupancy to 100 percent with a total of 343,000 leased square feet.
Small Balance Loan Breakdown with Hunt Mortgage’s Matthew Frank
The vice president of Hunt Mortgage’s Small Balance Loan Group explains how the Freddie Mac program can meet and adapt to the various needs of the borrower despite the tight lending environment.
Spector Group Reveals Design for NYPD Training Center
The firm joined forces with Tactical Design North to deliver the first renderings for the upcoming 150,000-square-foot Nassau County Center for Training and Intelligence in Garden City, N.Y. The center is aimed to service personnel from 19 villages and city departments, as well as state and federal law enforcement agencies.
Hunt Mortgage Enters PA, Appoints Director
The company also appointed Harris Heller as managing director. In his new position he will lead the new production office and will report directly to Senior Managing Director Vic Clark and Managing Director Michael Becktel.
Cachet to Open First NYC Hotel
Dubbed the Cachet Boutique NYC, the 105-key hotel was developed in partnership with Merchants Hospitality Group. The hotel is steps from Chelsea, Hell’s Kitchen and the soon to be open Hudson Yards.
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.
TA Realty Sells $202M Mid-Atlantic Industrial Portfolio
The properties are situated within the states of Maryland and Delaware. The company worked on behalf of Realty Associates Fund VIII and Realty Associates Fund X.
Blackstone Buys Clarion Events
Established in 1947, the London-based event organizer boasts roughly 950 employees in 13 offices across the globe. The transaction includes an option for Clarion to reinvest part of the disposition proceeds into the events company.
Park Assist: Guiding Users to Available Parking
The technology digitally monitors spots in parking garages and alerts drivers in real time, which maximizes usage and improves traffic flow.
Bridge Development Delivers Bridge Point I-95
The new business park in Fort Lauderdale, Fla., is 77 percent pre-leased to brands such as Floor & Décor, Broward Motorsports and U.S. AutoForce.