Finance
SL Green, Citigroup Push Up Sale of NYC’s 388-390 Greenwich St.
SL Green and Citigroup are speeding up the $2 billion sale of 388-390 Greenwich St.
AllianceBernstein Closes Fund Above Target
The New York City-based company closed its second commercial real estate debt fund with $1.6 billion in commitments.
Economy Watch: ABA Bullish on CRE Lending
Eight in 10 banks plan to increase their CRE concentrations in 2016, according to the American Bankers Association’s first-ever Commercial Real Estate Survey,
US Treasury Grants Michigan $188M for Blight Removal
Michigan’s application ranked higher than any of the other 19 which took part in the process.
HFF Spearheads Big Boston Office Portfolio Sale
The company arranged the $224 million sale of an office portfolio in the city’s Seaport District.
Five-Hotel Portfolio Trades for $142M
Noble Investment Group of Atlanta has acquired a five-hotel portfolio from Ashford Hospitality Trust Inc.
CBRE Closes the Sale of Miami Beach Landmark Building
CBRE oversaw the sale of The Lincoln, the six-story mixed-use development located in Miami Beach.
Upping Your Ground Lease Game, Part III
By Jay Maddox, Principal, Avison Young: The last of the three-part series explores why ground-lease financing is an attractive alternative to conventional financing or sale of a property.
MSCI: Big Year for Global Property Funds
The latest IPD Global Quarterly Property Fund Index measured an increase to 13.5 percent in fourth quarter 2015, the highest since 2011.
HFF Arranges Nearly $10M Refi for Atlanta Retail Center
Connexion at Holcomb Bridge, a 106,769-square-foot retail center located in Fulton County, received financial aid from HFF.