Finance
Public-Private Partnership Makes Waves in California
A deal for a $520 million civic project is called the first of its kind in North America.
HFF Lands $100M Financing for Chicago’s 125 S. Clark
HFF secured financing for a 20-story office building originally constructed by the renowned Daniel Burnham in the Windy City CBD.
HFF Arranges Sale, Financing for 5-Property Self-Storage Portfolio
In a $35 million deal closed by HFF, Self Storage Capital Partners acquired five assets totaling more than 310,200 rentable square feet in Harrisburg, Pa.
Boyd to Buy North Vegas Hotel-Casino for $380M
The Boyd Gaming Corp. is expanding its Nevada portfolio with the acquisition of the Aliante Casino Hotel and Spa.
Lower Manhattan Hotel Conversion Project Lands Financing
A century-old building in the TriBeCa/SoHo neighborhood will be converted into a boutique hotel with financial help from Mission Capital Advisors.
ULI Special Report: REITs Shift Strategies Amid Market Uncertainty
Leading REIT executives Gerard Sweeney and Bill Hankowsky offered insights into their preparations for the volatile economic cycle at the 2016 ULI Spring Meeting.
SL Green, Citigroup Push Up Sale of NYC’s 388-390 Greenwich St.
SL Green and Citigroup are speeding up the $2 billion sale of 388-390 Greenwich St.
AllianceBernstein Closes Fund Above Target
The New York City-based company closed its second commercial real estate debt fund with $1.6 billion in commitments.
Economy Watch: ABA Bullish on CRE Lending
Eight in 10 banks plan to increase their CRE concentrations in 2016, according to the American Bankers Association’s first-ever Commercial Real Estate Survey,
US Treasury Grants Michigan $188M for Blight Removal
Michigan’s application ranked higher than any of the other 19 which took part in the process.