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Former ARC Hospitality Closes First Phase of $400M Investment
Rebranded Hospitality Investors Trust, the company has also completed a transition to self-management, having terminated its previous agreement with American Realty Capital Hospitality Advisors.
YMCA Redevelopment in Central DC Breaks Ground
Akridge and Alcion Ventures are building the 102,000-square-foot office facility at the intersection of the Golden Triangle business district, the greater Dupont Circle neighborhood and the Fourteenth Street corridor.
Gene Kaufman Architect Doubles Up in NYC
Soundview Real Estate Partners and Chartwell Hospitality, as well as The Lam Group, have tapped the firm for the design of two dual-branded Marriott hotels totaling 870 guestrooms.
HFF’s Two-Fer in $368M NJ Office Deal
Working on behalf of Mack-Cali Realty, the firm arranged the record-breaking sale and procured financing for three of the six buildings included in the 1.1 million-square-foot disposition.
BBG Bolsters Presence on West Coast
With the acquisition of two Integra Realty Resources offices in San Francisco and Sacramento, the company now operates from 22 locations nationwide.
Hines Nabs Houston Logistics Park
The company has tripled its holdings in the city’s industrial market with the acquisition of a 2.2 million-square-foot distribution center in La Porte, Texas.
Mountain Development Inks Record Deal in Connecticut
The transaction, arranged by Cushman & Wakefield, marks the largest medical lease agreement in Fairfield County in the first quarter of 2017.
MOB Development Market Reaches $7.7B
Some 19.4 million square feet of outpatient medical real estate projects came online in 2016, according to a research study conducted by Revista and HREI.
HFF Snags Hentschel & Co. in NYC
Steve Hentschel will now lead the firm’s M&A and corporate advisory services, provided by HFF Securities LP.
Hospitality Ventures Embarks on $110M in Renovations
HVMG’s list of undertakings spans the U.S., in metros such as Atlanta, Nashville and Phoenix.