Finance
Meridian Arranges $18M Acquisition Loan for PA Shopping Center
Meridian secured a CMBS loan for the buyers. The acquisition includes a 16-acre empty lot located behind the shopping center, which will be used for future development.
Institutional Roundtable: Safety First
Institutional investors have risen in prominence throughout the current economic cycle, strategically deploying capital in long-term opportunities that offer attractive risk-adjusted returns. But nine years into the recovery, how is this cohort unlocking value in a rising-rate, compressed-yield climate?
Raleigh Office Building Lands $85M Construction Loan
HFF worked on behalf of Kane Realty and Lionstone Investments to secure financing for Tower IV, an upcoming 326,600-square-foot high-rise within the North Hills mixed-use development.
The 2018 CPE Distinguished Achievement Awards Winners
Thoughtful urban projects, creative corporate repositionings, forward-looking leases and a focus on amenities spaces were the some of the hallmarks of this year’s winners.
Transactions: November 2018
The following is a list of transactions that were announced over the month of September, 2018.
Real Estate for the Long Run
Current market conditions and history favor investors with upper single-digit return expectations over a 10-year hold and an ample debt coverage cushion.
Navigating the New Opportunity Zones
Initial reviews of the federal Opportunity Zones Program suggest that it presents attractive incentives to infuse capital into underinvested areas. Do those opportunities outweigh the new initiative’s challenges?
CIT Group Provides $35M for Manhattan Office Project
The six-story development will feature more than 74,000 square feet of medical office space, providing convenient access to the area’s hospitals, medical schools, research centers and outpatient facilities.
Atlanta Airport Hotel Changes Hands
Alex Brown Realty sold the DoubleTree by Hilton property to a joint venture led by Hersha Hospitality Management for more than $23 million.
Banyan, Oaktree Capital Buy Tampa Trophy Tower for $110M
Cushman & Wakefield represented Alliance Partners HSP in the sale of Tampa City Center, a 38-story, 757,425-square-foot downtown office building.