Finance
HFF Lines Up $23M Acquisition Loan for NC Shopping Center
Heritage Crossing in Wilson, N.C., offers more than 311,000 square feet of retail space, with grocery anchor tenant Harris Teeter.
Cleveland’s Historic Standard Building Ready for Makeover
BGL Real Estate Advisors secured $81 million for Weston’s conversion of the downtown landmark.
Suburban Chicago Office Portfolio Trades for $62M
The three Class A properties are located within a 1 million-square-foot campus in Deerfield, Ill.
Qataris Buy $622M Stake in NYC-Based REIT
An affiliate of the Qatar Investment Authority has acquired a 9.9 percent interest in Empire State Realty Trust.
Arlington Office Complex Secures $97M Refi
HFF arranged the refinancing for Sequoia Plaza on behalf of Foulger Pratt.
One Liberty Expands Portfolio with $28.1M Buy
The REIT recently acquired a retail center in Minnesota and a land parcel close to Cleveland.
HFF Lands Financing for Chicago Office Project
Sterling Bay and JP Morgan Asset Management are developing Fulton West Phase II in the West Loop.
TIAA Unit Closes $1.2B Super-Regional Mall Fund
The equity commitments will allow the fund to assemble a portfolio of approximately $2.5 billion.
RealtyMogul Enters New Territory with REIT Launch
The online real estate crowdfunding marketplace has hit another milestone with the introduction of its first CRE fund.
Why Risk Retention Might Not Be So Bad for CMBS, After All
By Paul Fiorilla, Associate Director of Research, Yardi Matrix: After a year of fretting over the damage that risk retention rules would do to the CMBS market, the first deal that used the structure was a home run for the issuers. Now what?