Finance
George Smith Partners Arranges Financing Measure for Upcoming TOD in Hollywood
George Smith Partners arranged a $30 million bridge loan for a site that encompasses a multifamily development and an existing office building.
German Fund Buys Another Boston Waterfront Asset
Union Investment Real Estate GmbH forked out $452 million to acquire a Class A office asset in the Seaport District from Skanska USA.
Wheeler Real Estate Acquires 14 Grocery-Anchored Retail Centers for $71M
The 14 grocery-anchored assets, consisting of 603,142 leasable square feet, add to Wheeler’s growing retail portfolio.
CBRE Miami Arranges Nearly $61M Refi for Brickell City Tower
The 33-story, 288,314 square-foot Brickell City Tower gets a $60.8 million loan for upgrades and refurbishing.
NorthMarq Capital Closes Construction Loan for Preserve Plaza in Houston
Vice President Warren Hitchcock of NorthMarq Capital’s Houston arranged the loan for Preserve Plaza.
Choppy Waters: Uncertainty Looms for the CMBS Market
The CMBS niche has gotten off to a rocky start in 2016, and more uncertainty lies ahead.
MHP Buys Half-Billon-Dollar Office Building in NYC
A joint venture between MHP Real Estate Services and China-based HNA Property Holdings paid a hefty price for 850 Third Ave. in Manhattan.
CBRE Arranges 340,000SF Southern Palm Crossing Retail Center Sale in Miami Metro
CBRE arranged the sale of Southern Palm Crossing, a 339,648-square-foot shopping center located in Palm Beach County.
NorthMarq Capital Arranges Financing for Tower Park North in Houston
NorthMarq arranged financing for an 181,000-square-foot office building in Houston.