Finance
Avison Young Arranges $5M Refi for GA Retail Property
Principal George Vail represented the owner, SunCap Opportunity Fund, in the refinancing of the 72,314-square-foot Uptown Square in Fayetteville. National Cooperative Bank provided the loan.
Denver Mixed-Use Receives $10M Refi
The three buildings are located in Denver’s Cherry Creek neighborhood, close to various businesses. Unico Properties used the proceeds to pay off an existing loan.
Keystone Arranges $36M for San Diego County Flex Buildings
The four buildings add to buyer RAF Pacifica Group’s portfolio. Almost all purchases were renovated within the past two years and are fully occupied.
JLL Arranges $32M Refi for NJ Facility
The company’s Capital Markets team worked on behalf of the borrower, SROA Capital, to refinance a 400,000-square-foot self storage facility in Belleville.
Omaha’s Blackstone Hotel: The Resurrection of a Landmark
Built at the beginning of last century, the hotel quickly became the epicenter of the city’s social scene. Lever Energy Capital CEO Mark Boyer reveals details about the revival of the iconic building.
San Antonio Office Park Receives $5M Refi
The two-year bridge loan will retire existing financing at the 63,382-square-foot Triangle Park Office Complex. The asset is adjacent to Interstate 410 and 9 miles north of downtown San Antonio.
Downtown Tampa Hilton Changes Hands
HFF assisted CrossHarbor Capital Partners in the disposition of the 520-key property located in the heart of the city, while also securing acquisition financing.
World’s Tallest Modular Hotel Advances in NYC With $65M Loan
The 168-key AC Hotel New York NoMad, a Marriott-branded asset, is set to open in Manhattan in late 2020, with stacking slated to begin this fall.
6 Questions for FCP’s Steve Walsh
Recently named principal & chief credit officer at the real estate investment management firm, Walsh shares his views on capital markets trends, challenges and the late-cycle economy.
Nashville Hyatt Gets $66M Construction Financing
C.B. Ragland’s 252-key development will rise 20 stories in the city’s SoBro district. The hotel’s opening is scheduled for summer 2021.