Investment
Jaylor Services Gets $65M in Financing for Burger King Portfolio
Affiliates of Jaylor Services are set to get $65 million in financing, courtesy of Ladder Capital, for a 99-property Burger King portfolio located throughout six states.
Pivotal Group Sells 3,000-Plus Apartments in West Texas
An affiliate of the Pivotal Group has sold a 21-community, 3,128-unit portfolio of Class B apartments in West Texas to the Related Cos.’ Related Real Estate Recovery Fund.
Paulson & Co. Acquires 2 Oceanfront Resorts in Puerto Rico for $260M
New York-based investment firm Paulson & Co. has purchased a majority interest in the Condado Vanderbilt and La Concha Renaissance Hotel and Tower in San Juan, Puerto Rico.
John Manning: Great Opportunities in Condos
John Manning, managing director, capital markets, at JLL, discusses the current apartment development cycle, the condominium market, and apartment investment sales in San Francisco.
HFF Secures $74M in Financing for 295 KSF Property in Coral Gables, Fla.
The premier 295,000-square-foot office and retail property known as 4000 Ponce/The Collection Building just outside of Miami in Coral Gables, Fla., has been refinanced to the tune of $74 million.
NorthStar to Buy $1B Healthcare RE Portfolio from Formation Capital, Safanad
NorthStar Realty Finance, which has been growing its healthcare real estate holdings since former HCP chairman & CEO James “Jay” Flaherty came on board in January, has agreed to acquire a $1 billion seniors housing and skilled nursing portfolio from Formation Capital and Safanad Ltd.
GREG VIECELI: Net Lease Market from Lender’s Viewpoint
Greg Vieceli, executive vice president of EverBank.com, describes the circumstances under which EverBank.com will finance net lease properties in secondary and tertiary markets.
Pinnacle Group Buys Out Hudson Realty in $208M Deal
Real estate investment firm Pinnacle Group has bought out the interests of its equity partner, Hudson Realty Capital, in 26 apartment buildings in Brooklyn for $208 million.
Ariel: January NYC M-F Sales Show Strong Start to 2014
Multi-family transactions will continue to dominate the scene in the Big Apple on a grand scale in 2014, according to Ariel Property Advisors’ Multifamily Month in Review for January.