Finance
MHP Buys Half-Billon-Dollar Office Building in NYC
A joint venture between MHP Real Estate Services and China-based HNA Property Holdings paid a hefty price for 850 Third Ave. in Manhattan.
CBRE Arranges 340,000SF Southern Palm Crossing Retail Center Sale in Miami Metro
CBRE arranged the sale of Southern Palm Crossing, a 339,648-square-foot shopping center located in Palm Beach County.
NorthMarq Capital Arranges Financing for Tower Park North in Houston
NorthMarq arranged financing for an 181,000-square-foot office building in Houston.
HFF Secures Refi for The Ritz-Carlton, Denver
The Pittsburgh-based company secured $55.1 million in refinancing for the 202-key hotel at 1881 Curtis St.
HFF Arranges $30M Refi for Cambridge, Mass., Multi-Tenant Office
The 134,561-square-foot building is located in the Alewife area of Cambridge, Mass., less than one mile away from the Alewife MBTA Station.
HFF Secures $44M Financing for Downtown Charlotte Office Asset
LPC Realty Advisors I LP has received $44.1 million in financing for 121 West Trade St., thanks to HFF.
Big ‘Bloc’ Project in L.A. Reels in Big Financing
HFF has arranged a $225 million loan for a 1.8 million-square-foot mixed-use redevelopment in downtown Los Angeles.
ULI Consensus Forecast Projects Some Slowing in CRE Market after Years of Growth
The latest survey by the Urban Land Institute predicts that CRE transaction volume will decline over the next three years.
Multiple Organizations Pledge $69M in Local Investments for Charm City
Put together, the BLocal companies expect to invest at least $53 million in renovation and construction projects during the next three years.