Business Specialties
Crown Estate’s $1.6B Revamping Project of Regent Street in London Gets Under Way
The Crown Estate’s $1.6 billion regeneration of Regent Street has reached a new milestone as on site work starts at Quadrant 2 South.
Chatham Lodging Acquires Residence Inn in Suburban Seattle for $72M
Chatham Lodging Trust has acquired the 231-room Residence Inn by Marriott Seattle Bellevue/Downtown for a net cash price of $72 million, plus customary, pro-rated amounts and closing costs.
General Growth Properties Buys Chicago ‘Magnificent Mile’ Building from Grosvenor
General Growth Properties has acquired a 126,000-square-foot retail building in the heart of Chicago’s “Magnificent Mile” shopping district from Grosvenor Americas.
Citycon CEO Campaigns for Retailer Expansion to Nordic Countries
Citycon CEO Marcel Kokkeel is on a mission. The leader of the Nordic- and Baltic-focused urban grocery-anchored shopping center owner wants to attract more global retailers to the region.
Hudson Team Arranges $72M in Financing to Refi Retail Centers in Washington, California
The Hudson Team of George Elkins Mortgage Banking Co. arranged financing for two CMBS loans totaling $72 million, secured by two neighborhood retail centers in Fullerton, Calif., and Lacey, Wash.
Council Approves Plans to Build First NYC Outlet Mall, NY Wheel
Staten Island’s North Shore will become home to the world’s tallest Ferris wheel and a $260 million outlet center now that the New York City Council has approved the project expected to become an instant tourist attraction and landmark on New York Harbor and the city’s skyline.
Goddard Grabs 440 KSF Class A Office Building in Atlanta
Acting through the Goddard Value-Add Office Fund I, Goddard purchased the 440,000-square-foot Class A asset, perched atop Mount Wilkinson in Atlanta’s historic Vinings neighborhood, from a Parmenter Realty Partners fund.
Hines, Goldman Partner with Pontiac Land on High-Profile NYC Condo Development
Backed by $860 million in construction financing from a consortium of Asian bankers, a high-profile luxury condominium project planned for 53 W. 53rd St. next to the Museum of Modern Art, is moving forward after stalling during the recession.
Leadership Skills: 2013 CREW Network Award Winners
The winners of the 2013 CREW Network Impact and Circle of Excellence awards, all highly successful professional women that have made inroads in commercial real estate, offer their words of wisdom on what it takes to be a real leader and how to mentor the next rising stars most effectively.
Meridian Orchestrates $150M Financing Deal for Manufactured Housing Portfolio
Meridian orchestrated $150 million in acquisition and permanent financing for Matrix Realty Group’s $165 million purchase of a group of 11 communities, which encompasses an aggregate 5,347 pad sites in Michigan and Alabama.