Deals
$71M Earmarked for Manhattan Office Acquisition
NGKF Capital Markets closed on $71 million in financing for the property through a senior loan from Metlife.
New U.S. Industrial Fund to Spend $1.5 Billion
GLP US Incomes Partners III will be seeded with a $1.1 billion portfolio from Hillwood.
HFF, Triad Close Sale of NC Office Portfolio
The two companies sold the four-building portfolio in the Greensboro area to a joint venture between CBL & Associates and a pension fund investor.
Lingerfelt CommonWealth Nabs SC Office Towers
The Richmond-based company purchased One Liberty Square and Two Liberty Square, a pair of office towers in downtown Greenville.
Griffin Capital Snags $44M Office Building in New Jersey
The company acquired 10 Sylvan Way from Normandy Real Estate Partners and Partners Group.
Lightstone Secures Financing for Moxy Hotel
Lightstone’s four Moxy’s total 1,500 guestrooms, which includes the brand’s 618-room flagship U.S. property in Times Square that is scheduled to open in 2017.
Dalfen America Lands 450KSF Industrial Properties
Located in Cincinnati and the Minneapolis suburb of Rogers, the two assets were purchased for an undisclosed amount.
JV Acquires 2 Properties in SF Financial District
Kennedy Wilson and Takenaka Corp. acquired a 247,000-square-foot office tower and a 27,000-square-foot bank branch for $135 million.
HFF Seals Largest Portland Office Deal in 2016
The company marketed the asset on behalf of the seller, The Ashforth Co., and also procured the buyer.
Monument Capital Management Buys First Asset in Phoenix Area
The property consists of 18 two-story buildings and offers 275 units featuring studio, one- and two-bedroom garden-style homes.