Investment
Hotel Bennett Slated to Open in Charleston by Fall 2017
Bennett Hospitality and Salamander Hotels revealed opening plans of the $101 million luxurious hotel that is currently under construction on a Marion Square historic site.
SBE Closes Purchase of Morgans Hotel Group
The transaction, valued at $805 million, more than doubles the number of hotels in the company’s portfolio.
QIA Pays $175M for The St. Regis San Francisco
The sovereign wealth fund of the State of Qatar acquired the 260-key hotel from Marriott International.
Nike Signs Blockbuster Lease on Fifth Avenue
SL Green signed a lease with the sports apparel giant, which will open a huge flagship store on the southwest corner of West 52 Street, across from Cartier and Olympic Tower.
Downtown Denver Office Towers Command $154M
Franklin Street Properties has snagged the 613,527-square-foot Dominion Towers with the help of JPMorgan Chase Bank.
Roadside Development, NASH Snag Fannie Mae HQ
The developers are eyeing mixed-use redevelopment after paying $89 million for the GSE’s property.
RealtyShares Recruits Leader for New Debt Platform
Veteran finance specialist Bill Lanting will focus on raising institutional capital for the crowdfunding platform.
Big D Office Tower Attracts JV Buyer
Foundry Commercial and Intercontinental Real Estate Corp. purchased the 289,000-square-foot 8080 North Central Tower.
Stein Investment Group Enters Atlanta Office Market
The acquisitions mark a shift from a predominantly retail and self-storage focus.
HFF Arranges $84M for Purchase of Metro Orlando Office Park
A Parmenter Realty Partners JV purchased the buildings from a trio of institutional investors, including foreign capital.