Finance

MD Hotel Commands $42M

Hersha Hospitality Trust acquired the 150-room Annapolis Waterfront Hotel, which features 15,000 square feet of function space and an 8,500-square-foot patio.

Griffin Partners Acquires 3-Building Houston Office Complex

TIER REIT sold Loop Central, a Class A property totaling 574,944 square feet. The buildings are 86.9 percent leased to 24 tenants.

DC-Area Hyatt Hotel Lands $47M Financing

Mission Capital Advisors secured bridge financing for the 168-key Hyatt Place Arlington. Completed in 2016, the property is a 12-minute drive from downtown Washington, D.C.

Continental Partners Secures Financing for NV Retail Center

A Los Angeles-based private investor received the loan for the acquisition of a 102,782-square-foot commercial space located in Reno.

John Provenzano, BDO USA

What to Expect From CRE Valuations

BDO USA’s Bob Martinek and John Provenzano examine current commercial real estate valuations and reveal which sectors they believe still have room for growth.

Colliers Secures Construction Financing for CT Self Storage

The firm has arranged the construction loan on behalf of Prospectus LLC, for the development of a 906-unit self-storage facility in Stamford, Conn.

729 Seventh Ave., NYC

Meridian Capital Group Scores $60M for Manhattan Office Refi

Recently renovated by Himmel + Meringoff Properties, its longtime owner, the century-old building is located near Times Square in the Midtown West submarket.

Growth in a Borrower-Friendly Age

With the wall of maturities behind us, the loan servicing industry has high expectations for 2018, while it works to improve the borrower experience.

1 Tower Place South San Francisco

Bay Area Life Sciences Campus Lands $385M Refi

HFF worked on behalf of Phase 3 Real Estate Partners to arrange the refinancing of Genesis North and South Towers, two Class A buildings in South San Francisco, Calif.

Transactions: April 2018

The following is a list of transactions that were announced between February 22 and March 6, 2018.