News
2018 ULI Fall Meeting Coverage
Innovation, impact and inclusion were common themes at the organization’s annual conference, where tours, presentations and discussions brought together real estate decision-makers in Boston.
How Miami’s Limited Supply Affects Office Investment
Tom Farmer, vice president of office leasing for Colliers International in Miami, reveals how investors are responding to tenant demands, given the market’s constrained supply.
DC Retail Center Lands $61M Financing
Walker & Dunlop arranged the loan for The Shops at Dakota Crossing, a 140,000-square-foot retail center. This will replace the existing construction capital stack with a stretch senior bridge loan.
NYC Office High-Rise Lands $250M Refi
Normandy Real Estate Partners, Meadow Partners and AM Property Holding Corp. used the proceeds to refinance the 610,000-square-foot property at 80-90 Maiden Lane.
RCM-SIOR Report: Strong Industrial Investment to Continue
The e-commerce boom, particularly in last-mile facilities, and economic expansion are among the drivers cited by participants in the annual survey.
Transwestern Commercial Names New President
Thomas Lawyer brings 30 years of experience to his new role. He will be in charge of 35 offices nationwide.
HFF Arranges $110M for Denver Mixed-Use Project
Continuum Partners will use the loan to retire the existing construction financing. A Block consists of roughly 55,000 square feet of office, plus a 200-key hotel and ground-level retail space.
Manhattan Office Project Lands $187M Construction Financing
The developers, a joint venture comprising Normandy Real Estate Partners and Columbia Property Trust, will use the loan for the construction of a $300 million project in Midtown South.
The Hampshire Cos. Brings New Storage Facility to CT
The company launched a 712-unit, climate-controlled facility located in Hartford, roughly 2 miles from the city’s downtown. Extra Space Storage serves as property manager.
Equus Capital Acquires Suburban Philly Office Building
The Class A asset serves as the U.S. headquarters for Endo Pharmaceuticals and is part of the newest office complex in the Malvern/Exton submarket, Atwater Corporate Center.