Finance
Kennedy Wilson Refinances $334M of Irish Properties
Euro-subsidiary completes refinances of seven assets, including office, retail and multifamily properties in the capital city of Dublin. The deal follows this fall’s merger between Kennedy Wilson Holdings and Kennedy Wilson Europe Real Estate.
Marcus & Millichap Report: Tax Reform’s CRE Impact Likely Limited
While the separate versions of tax reform put forth by the U.S. House of Representatives and the U.S. Senate have not yet been reconciled, the report concludes that neither proposal, or any combination of the two, would cause anything close to shockwaves in the commercial real estate industry.
MA Hilton Hotel Lands $53M Financing
Colliers secured financing for a 235-key dual-brand Hilton Hotel in Woburn, Mass. The project will be located in a well-exposed site in the northern suburbs of Boston.
PCCP Provides $22M to Recap Charlotte Hotel
The real estate finance and investment management firm acted on behalf of Lowe Enterprises Investors to arrange the loan for 175-key Aloft Charlotte Uptown.
WPT Capital Obtains $29M for ATL Distribution Facility
The 781,440-square-foot facility is located within Cobb County’s Six Flags Opportunity Zone, where companies are eligible for job tax credits of up to $3,500 per job created.
HSF Closes $17M Construction Loan for SC Hotel
The 126-key Cambria Suites in Charleston has recently broken ground. A joint venture between RREAF Holdings and Upland Lodging is sponsoring the project.
RCG Ventures Nabs 471 KSF Idaho Retail Center
Nampa Gateway Center is situated on 78.8 acres along Interstate 84 at Garrity Boulevard, with a traffic count of roughly 112,600 vehicles per day.
NCC Closes $33M Sale of Sacramento Retail Center
With a 98 percent occupancy rate, Laguna Village Investors LLC bought the 15-acre asset anchored by Regal Cinemas and 24 Hour Fitness.
San Jose Office Tower Lands $200M
NKF Capital Markets arranged the acquisition financing on behalf of Lane Partners for HQ@first, a 603,666-square-foot, three-property creative office tower.
EPP Invests $818M in Polish Shopping Center Portfolio
The M1 portfolio encompasses 12 retail assets totaling 4.8 million square feet across 620 stores. The properties are all single level, fully-leased and grocery-anchored.