Investment
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.
Lat Purser Adds Mixed-Use to SC Portfolio
The 25,300 square-foot Bridgewater Center features both retail and office space. The Mount Pleasant property is home to tenants such as Edward Jones and Ameris Bank.
Hanley Investment Completes Sale of LA Retail
The company represented the seller, an Orange County-based developer, in the disposition of a 6,777-square-foot retail pad building shadow-anchored by LA Fitness.
JV Sells Atlanta-Area Shopping Center for $17M
Forum Management Group purchased the 90,566-square-foot, Kroger-anchored retail asset in Flowery Branch, Ga., located roughly one hour from downtown Atlanta.
CBRE/New England Arranges Sale of RI MOB
Built in 1976, the 20,694-square-foot medical office building was renovated in 2016 and is currently 80 percent occupied.
NAI Hiffman Arranges MOB Portfolio Lease
The company’s vice presidents were instrumental in arranging the lease of a 29,000-square-foot medical office portfolio.
Stability Encumbers CMBS Market
Forged out of crisis and sharpened during a cycle of frenetic activity, the CMBS market is struggling to adjust to a period of relative calm, observes Yardi Matrix Associate Director of Research Paul Fiorilla.
Westwood Financial Acquires AZ, GA Retail Centers
In a deal totaling $66.2 million, the company bought Boardwalk at Andersen Springs in Chandler, Ariz., and Decatur Crossing in Decatur, Ga. HFF arranged the financing for both purchases.
Hilton Divestment Vindicates Blackstone’s Patience
Analysts outline how the company followed up on the unification of Hilton’s domestic and international sides, and why the investor’s moves have paid off so well.
Kennedy Wilson Snags 292 KSF Seattle Business Campus
CBRE Capital Markets arranged $34.5 million acquisition financing on behalf of the buyer, for its acquisition of the eight building Redmond East Business Campus in Redmond.