News

Ace Hotel New Orleans, at 600 Carondelet St.

HFF Secures $51M Refi for Ace Hotel New Orleans

Originally constructed in 1928, the Art Deco-style building was renovated and transformed into a hotel in 2016 by The Domain Cos.

The Obama Presidential Center, Chicago

Construction Manager Selected for Obama Center

Lakeside Alliance is a joint venture consisting of Turner Construction Co., Powers & Sons Construction, UJAMAA Construction, Brown & Momen and Safeway Construction.

Irvine Co. Inks 222 KSF at CA Mixed-Use

Hitachi Vantara, a leader in internet of things, cloud and data-driven solutions, will relocate its headquarters to Santa Clara Square, occupying an entire building.

PwC Tower at Park District Lands 56 KSF Tenant

Winston & Strawn will occupy the eighth and ninth floors of the upcoming Dallas office tower. The international law firm is expected to move into the building in the second quarter of this year.

Alabama Reels in $1.6B Toyota-Mazda Plant

The highly coveted auto manufacturing facility project, and the 4,000 new jobs that will come with it, are a coup for Huntsville.

Blackstone to Buy Canada’s Pure Industrial REIT for $3B

Blackstone intends to make this investment through Blackstone Property Partners for its Core+ real estate investment unit. The all-cash transaction is expected to close in the second quarter.

OC Office Tower Trades for $120M

NKF Capital Markets represented Ocean West Capital Partners in the sale of the Class A trophy property. The building is 99 percent occupied.

Sonnenblick-Eichner Arranges $110M Refi for SF InterContinental

The loan for the upscale 550-key downtown hotel was funded by a Wall Street investment bank. The first mortgage could be part of a trend toward more refinancings in 2018.

Integrated Properties Nabs $200M Atlantic City Tower Hotel

The property, a former hotel and casino which opened in 2012 and shuttered two years later, contains 1,400 guestrooms and is expected to bring 3,000 jobs to the city.

Timothy Pulte Joins Colliers Leadership Team in Philly

The industry veteran will serve as senior executive vice president and oversee the company’s industrial and office brokerage divisions in eastern Pennsylvania, southern New Jersey and Delaware.