Business Specialties
CIM Group Buys Manhattan’s Martha Washington Hotel
CIM Group recently acquired the 256-room Martha Washington Hotel in Manhattan with plans of transforming the property and rebranding it as The Redbury.
TIAA-CREF, Allianz Team Up for Miami Office Campus JV
Allianz Real Estate of America has acquired a 49 percent stake in six office properties and two land parcels in Miami’s Waterford at Blue Lagoon.
Iconic Chicago Riverfront Office Tower Sells for $320M
PNC Realty Investors has purchased the 36-story office building at 333 W. Wacker Drive in Chicago for $320.5 million.
DDS Lab Picks Beaumont Business Center for HQ
National dental company DDS Lab has just signed a corporate headquarters lease at Beaumont Business Center in Tampa.
HFS Provides $33.5M Mortgage for Medical Office Complex
Healthcare Financial Services provided a first mortgage to Landmark Healthcare Facilities LLC.
Colonnade on Fifth Picks Fresh Produce
Fresh Produce is the latest retailer to join the roster of tenants at Colonnade on Fifth in Naples, Fla., following an agreement with Continental Realty Corporation.
The Green Communities Fund Offers Rebates for Energy Efficiency
Green developments in Georgia may be eligible for 25 percent rebates for energy efficiency upgrades.
LaSalle Hotel Properties Closes Sizeable Unsecured Term Loan
LaSalle Hotel Properties has closed on a senior unsecured term loan in the amount of $555 million.
$200M Military Housing Portfolio on the Move
Hunt Cos. has signed a definitive purchase agreement to acquire the entire portfolio of military housing assets from Forest City Enterprises, totaling nearly 15,000 units.
Portland Power Center Gets $177M Financing
A 1.27 million-square-foot retail center in Portland’s Lloyd District has secured $177 million in financing through HFF.