Finance
Cushman & Wakefield Brokers $66M Sale of Miami Retail Asset
Suniland Associates Ltd. sold Suniland Shopping Center to Dividend Capital after 22 years of ownership.
Skanska Builds $63M Medical Research and Education Facility in Tampa Bay
The hospital will open its doors in 2018, and will feature a Heart Institute, Cancer & Blood Disorders Institute and more.
Walker & Dunlop to Buy $3.8B HUD Servicing Portfolio
The commercial mortgage servicing portfolio was sold by Oppenheimer Multifamily Housing & Healthcare Finance, a subsidiary of Oppenheimer Holdings.
ING Finances Sony Building Purchase
The new owner of the 37-story tower in Manhattan’s Plaza District is looking to add value by rebranding, renovating and reconfiguring the existing space.
Vornado Sells Stake in $560M NYC Office Tower
The sovereign wealth fund Korea Post now owns a 47 percent interest in the 12-story Manhattan property.
Menlo Equities Completes Initial Formation of Office Fund
The current target is roughly $1 billion, but Menlo looks forward to an asset base growth in the $2 billion-plus zone.
Skanska’s Largest Project Takes Flight
The $4 billion redevelopment of LaGuardia Airport has reached a new milestone.
AEW Capital Management Closes Asia-Pacific Fund
The Boston-based company has closed its second pan-Asia investment fund with $640 million in commitments.
Tennessee Mall Lands $107M Financing
CBL & Associates has closed on a 10-year, non-recourse loan for an iconic Chattanooga retail asset.
MGM to Buy Boyd’s Half of Borgata in Atlantic City
MGM Resorts is shelling out $900 million to acquire Boyd Gaming’s 50 percent interest in the Borgata Hotel Casino & Spa.