News
JV Obtains Mezzanine Loan for Brooklyn Project
Bluestone Group has provided $8 million in financing for the mixed-use property that Cornell Realty Management and LIVWRK are co-developing in Williamsburg.
Coworking Firm Venture X Expands in Europe
The shared workspace company, which has locations in 25 countries around the world, has agreed to bring its brand to the United Kingdom and Ireland.
Discovery Labs Plans $500M Philly-Area Coworking Campus
Newly established by MLP Ventures, the platform company will redevelop two campuses in King of Prussia into a 1.6 million-square-foot ecosystem for health-care, life sciences and technology-enabled businesses.
LevelTen Energy Matches Starbucks’ Portfolio PPA
The current deal marks the first time a corporate buyer simultaneously procures a fraction of the power generated by multiple new projects.
Avison Young Arranges Raleigh Office Asset Sale
Vice Presidents Blake Thomas and Grant Linderman worked on behalf of the seller in the disposition of the 65,000-square-foot Crabtree Center.
Infinity Hotel San Francisco Joins Ascend Collection
The 75-key property in the city’s Marina District is now part of Choice Hotels International’s growing group of boutique and historic hotels and resorts with local flavor.
Bank of America Accelerates Sustainability Efforts
The bank plans to add more than 60 solar installations over the next three years, with 15 financial centers and 10 ATMs to be equipped with panels by year’s end.
Stos Partners Sells San Diego-Area Assets for $34M
In separate transactions, the company has sold a two-building, 170,805-square-foot industrial property in Chula Vista to KKR and a 50,643-square-foot office property in San Dimas to non-profit JJATC.
Enel Sells 540MW of Renewable Capacity for $743M
The transaction included three renewable energy plants, two solar farms and a wind park acquired by Chinese company CGN Energy International Holdings Co.
Lendlease, SMUD Sign 30-Year PPA
Upon completion in 2020, the Rancho Seco Solar II project is set to become the largest solar facility in Sacramento County, Calif,