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Whitman Family Lands $550M Financing for Miami Retail Project
HFF has arranged the loans through MetLife Investment Management. The funds will be used to expand the 463,100-square-foot Bal Harbour Shops luxury property.
Portland Mixed-Use Project Moves Ahead With $460M Loan
George Smith Partners secured the financing for BPM Real Estate Group from an affiliate of Mosaic Real Estate Investors. The 35-story development will bring a five-star hotel, office, residential and retail space.
The New Workplace: A Millennial Designer’s Perspective
MKDA’s Emma Tessler on the open office, generational differences and the coolest new products at this year’s NeoCon.
US Jobs Picture Holds Steady
While several of the big-picture numbers hardly budged, total nonfarm employment rose, with substantial gains seen in professional and business services, health care, and transportation and warehousing.
Chinese Coworking Giant Seeks US IPO
Beijing-based UCommune is reportedly aiming to raise as much as $200 million through the offering, as China’s flexible office sector shows signs of overheating.
Opportunity Zones Attract Serious Money
Though estimates of the total capital inflows cover a wide range, even the numbers near the lower end—$100 billion—are big enough that they’re starting to affect CRE pricing.
London’s $10.6B Redevelopment Debuts Its Own High Line Park
Known as The Tide, the 3-mile outdoor art and recreation destination is part of the largest urban regeneration project in Europe.
Despite Record Growth, CRE Industry Should Plan for Downturn
The economic expansion just became the longest in U.S. history, but now is the time to prepare for the next downturn, contends RCLCO Real Estate Advisors.
Denver-Area Hotel/Convention Center Lands $800M Refi
The loan package covers a potential expansion of the $795 million Gaylord Rockies Resort & Convention Center in Aurora, Colo., which opened in December 2018.
Starwood Capital JV Buys 650 KSF Office Campus
The company has teamed up with Trinity Capital Advisors and Vanderbilt Partners to acquire and renovate Park Point at Research Triangle Park in Raleigh, N.C.