Finance
Manhattan Retail Asset Lands $32M Refi
HFF worked on behalf of The Parkland Group to refinance 200 West End Ave.
City Office Snags $76M Office Portfolio in Florida
The properties are anticipated to generate an initial full-year cash net operating income yield of approximately 8.3% based on the purchase price and the estimated cost of planned capital improvements.
CBRE & CREC Co-Broker $58M Deal in Miami Metro
The sale of the 164,848- square-foot 2121 Ponce office building marks one of the largest commercial real estate transactions to take place in Coral Gables this year.
Commonwealth Office Tower Sells for $69M
One of the first glass box, mid-century design towers ever built sold for $69 million.
Gramercy Sells Stake in European Development Trust
The REIT has disposed of a 74.9 percent interest in a nine-property logistics portfolio in Germany and France.
Hines REIT Seals $1.1B Deal with Blackstone
The REIT will sell an approximately 3 million-square-foot office portfolio to a Blackstone affiliate as part of its liquidation plan.
Canopy by Hilton Enters Portland Market
The 153-key new-build hotel will rise in the city’s bustling Pearl District in 2017.
HFF Secures Major Refi for Tampa Beachfront Hotel
Sheraton Sand Key Resort has beachfront access to more than 500 linear feet of Clearwater Beach, recently named the Best Beach in the U.S. in 2016 by TripAdvisor.
JLL Releases Global Real Estate Transparency Index
The latest report from JLL shows that real estate transparency has become a main focal point for investors.
CBRE Snags $250M Loan for Prime Industrial Portfolio
Becknell Industrial tapped CBRE to arrange $250 million in financing for a 140-property portfolio.