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Samitaur Constructs Obtains $232M for Creative Office Portfolio
Square Mile Capital Management LLC and Deutsche Bank originated the financing for the company’s 319,000-square-foot collection of assets in Culver City, Calif.
Cerberus JV to Repurpose Former Discovery Communications HQ
The partners bought One Discovery Place in downtown Silver Spring, Md., with plans to reposition the property once the building’s sole tenant relocates to New York City.
LA Hotel Redevelopment Lands $51M Financing
HFF worked on behalf of Oceans V to obtain the construction loan, which will help transform a vacant office building into a 180-key Cambria Hotel & Suites.
Square Mile Provides $161M Loan for NYC Office Tower
Borrowers Rockwood Capital and Midtown Equities utilized the financing for the acquisition and repositioning of One Broadway, a 253,000-square-foot, landmark building in downtown Manhattan.
Ares Management Closes $1B Fund
The firm’s ninth investment vehicle is significantly larger than the fund that closed in 2014, on the strength of support from both current and new investors.
Timbers Resorts Moves HQ to Orlando Metro
Before making the decision to move from Colorado to Winter Park, Fla., the luxury developer considered locations in Dallas, Denver and Atlanta.
Biopharma Firm to Relocate NYC Flagship
Syneos Health will occupy 86,498 square feet across two floors in a Brookfield Properties-owned premier office building located within the Brookfield Place complex.
How Will the California Wildfires Impact CRE?
DBRS’ Gwen Roush and Seth Weissman of Jeffer Mangels Butler & Mitchell address the impact of such disasters on property owners, lenders and insurers.
PGA of America to Move HQ to $520M Dallas-Area Development
The golfers’ association will relocate from Palm Beach County, Fla., to Frisco, Texas, where it will occupy a 100,000-square-foot building.
What Do Black Friday Figures Tell Us About Retail?
JLL’s Karen Raquet comments on sales performance and what this tells us about the next stage of the sector’s transformation.