Finance
Austin Mixed-Use Development Lands $26M in Financing
The first phase of Lantana Place will offer 99,663 square feet of leasable space and is expected to break ground in May 2017, with the opening of a dine-in movie theater scheduled for the second quarter of 2018.
Bridge, Investcorp Partner to Recapitalize Cold Storage Portfolio
The three warehouses total 715,000 square feet and may represent the first time an institutional investor refinances a multi-tenant cold storage portfolio.
HFF Secures $22M for Miami Mixed-Use Development
The company assisted developer Goldman Properties in placing the loan with a well-known financial institution.
Big Plans for NYC’s Out Hotel
Private lender Silver Arch Capital Partners provided a $30.4 million acquisition loan for the Midtown Manhattan hotel, which will undergo an extensive repositioning process.
PCCP Refinances Chicago Retail Center
Village Market, located within the Lakeshore East development, belongs to a joint venture between Magellan Development Co. and Hanwha Engineering & Construction.
Care Capital Properties Buys $400M Behavioral Health Portfolio
The six properties, located in California, Arizona and Illinois, will be leased back to affiliates of Signature Healthcare Services, the seller.
HTA Shells Out $2.8B for Duke Realty Portfolio
The nation’s largest owner and operator of medical office buildings will become even larger with the acquisition of 78 health-care properties totaling 6.1 million square feet.
Meet CPE’s 2017 Stars to Watch: Jon Leifer, Case Real Estate Capital
“If you’re persistent and you enjoy the challenges and you keep at things, there is going to be a whole host of opportunities for up-and-coming real estate professionals,” says a versatile financier, investor and development consultant.
CBRE, NGKF Broker 18 KSF Industrial Building Deal
CBRE Senior Vice President David Prioletti closed the sale of an 18,000-square-foot industrial property on behalf of the owner, production company Video Impressions. Senior Managing Director Corey Chase of NGFK represented the buyer, food analysis laboratory Certified Laboratories Inc.
Cleveland Mixed-Use Project Lands $142M Financing
HFF secured the financing on behalf of development partners Fairmount Properties and the DiGeronimo Cos. Scheduled for completion in spring 2018, Pinecrest will offer more than 400,000 square feet of retail, restaurants and entertainment.