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Meridian Capital Orchestrates $737M in Financing for NYC M-F Portfolio Purchase
A major Manhattan multi-family transaction has taken place with the assistance of Meridian Capital Group.
MG, Florida East Coast Realty & Corigin Plan 60-Story Condo Tower in Miami
MG Properties, Florida East Coast Realty and Corigin Real Estate Group will team to develop 1201 Brickell Bay Drive, a 1.8-million-square-foot, luxury residential development on Biscayne Bay in Miami’s financial district.
Ivanhoe Cambridge, Callahan Capital Buy 2 Seattle Office Buildings for $280M
The deal gives the Montreal-based investment firm about 13 percent of downtown Seattle’s Class A office market.
Hugo Boss Relocating to Downtown Manhattan
The apparel retailer will move its North American headquarters from Manhattan’s Midtown South submarket to 55 Water St. during the second quarter of 2015.
High 5 Games Joins Tenant Roster at One World Trade Center
High 5 Games is the latest company to sign a deal and will take 87,663 square feet at the downtown Manhattan office tower, officials announced Thursday.
Industry Partners, RKF To Market Space in Converted L.A. Coca-Cola Plant
GPI Cos. and Atlas Capital plan to transform a former Coca-Cola production facility into 150,000 square feet of creative office, retail and restaurant space.
The Chiofaro Co. Receives $500M in Financing for Boston Office Complex
The Chiofaro Co. and an institutional partner have received $500 million in financing for International Place, a 1.8 million-square-foot, Class A trophy office complex located in Boston’s Financial District.
Bucksbaum, Steiner Get $165M in Financing for Cincinnati Suburb Retail Center
A joint venture between Bucksbaum Retail Properties and Steiner + Associates, along with financial partner Mount Kellett Capital Management, received $165 million in construction financing for Liberty Center, a 626,791-square-foot retail town center development in Liberty Township, a northern Cincinnati suburb.
INTERNATIONAL: Hard Rock Hotel Dubai Marina to Open in 2015
Hard Rock International, Abu Dhabi Financial Group and Sheffield are building a Hard Rock Hotel on the first 33 floors of Dubai’s Marina 101 tower.
Massachusetts Ballot Initiative Opens Door to $800M MGM Resort in Springfield
Two days after voters gave a thumbs down to a ballot measure repealing the 2011 law that allows gaming resorts in the state, the Massachusetts Gaming Commission approved a license to MGM Resorts International to operate MGM Springfield, an $800 million resort casino.