Finance
NYC Mixed-Use Development Secures $190M Loan
Trinity Place Holdings has begun construction on 77 Greenwich St., which will include luxury condos and a long-awaited public school for Lower Manhattan.
PA Casino Resort Commands $281M
Boyd Gaming acquired Valley Forge Casino Resort, a 40,000-square-foot casino in King of Prussia. The resort includes 500 hotel rooms, eight restaurants and bars, and more than 100,000 square feet of meeting, convention and exhibit space.
Blackstone Closes $1B CLO
The CRE collateralized loan obligation, which diversifies the company’s funding sources, is the largest of its kind since the financial crisis.
Douglas Emmett Snags $144M Beverly Hills Office
Home to several health-care businesses, the 146,300-square-foot building is located at 9401 Wilshire Blvd., at the corner of Wilshire and Canon in the Beverly Hills Golden Triangle.
Seattle Office Tower Trades for $268M
Japanese investment firm Takenaka Corp. is the new owner of the 11-story Tilt49 office building in the Denny Triangle, a key location for the city’s office, tech and life sciences industries.
NoHo Office Asset Lands $68M in Financing
Developed in 2009 by J.H. Snyder Co., Lankershim Plaza is a nine-story, LEED Gold-certified building with an adjacent six-story, 723-space parking garage.
Lionstone Secures $57M Refi for Santa Monica Assets
HFF arranged a 15-year, fixed-rate refinancing and floating-rate loan through Principal Real Estate Investors, for two mixed-use and two office assets in Santa Monica.
How to Steer Clear of Insurance Disputes After the Storm
When a natural disaster strikes, who should pick up the tab for repairs to improvements made by the tenant? A property claims specialist offers tips on protecting your interests.,
What’s Next for the New HVCRE Rules?
Alston & Bird Partner Gregg Loubier discusses two initiatives proposed to simplify and clarify the real estate lending process, both of which lenders and federal regulators hope to resolve in 2018.
Atlanta’s Top 10 Office Deals in 2017
Atlanta has emerged as one of the most important economic clusters in the Southeast, appealing to investors through its strong market fundamentals. As 2017 is coming to an end, Yardi Matrix compiled a list of the 10 biggest office deals of the year.