News
Seattle Takes Top Spot in ULI-PwC Emerging Trends Report
At the 2017 ULI Fall Meeting in Los Angeles, panelists discussed the new cities that topped the report’s list of the hot markets to watch.
Hoefer Wysocki Adds VPs to Dallas Office
The two new hires have combined experience of more than 55 years. Travis Leissner will focus on healthcare and education, while John Ruggieri will contribute his extensive urban design experience.
JV Nabs Suburban Boston Office/Flex Campus
The six-building Brookwood Business Center is located in Tewksbury and Billerica, Mass., and previously traded in 2010, when Brookwood Financial Partners acquired it through foreclosure for $15 million.
Hyatt to Open 2nd Germany Hyatt House Location
The company revealed plans for a new Hyatt House hotel in Germany, which is scheduled to open in late 2019. HR Group will manage the 190-key property.
Newly Developed Retail Center Lands $13M Loan
Meridian Managing Director Noam Kaminetzky arranged the financing on behalf of the owner, an entity affiliated with Miami-based Midtown Realty.
On the Market: 5 Interesting Listings for October
This month’s listings include a charming 1928-built dinner theater in Connecticut and a stately U.S. Bank building in one of Illinois’ wealthiest towns.
Harris Leads Apartment Design Discussion at MHN-CPE Awards Party
The event featured a keynote address from Fred Harris, managing director of development at Jonathan Rose Cos. and a panel discussion with Richard Broder, Broder & Sachse Real Estate; Ammr Vandal, nARCHITECTS; Stephanie Williams, Bozzuto Management Co.; and Christine Slaughter, Shaw Floors.
Franklin Partners Buys St. Louis Trophy Office
The 16-story Plaza in Clayton, which Franklin acquired in a partnership with Bixby, is considered to be one of the most desirable office assets in the city area.
Peapod Relocates HQ to Downtown Chicago
The company will be moving all its employees from its suburban headquarters in Skokie, Ill., and the Civic Opera Building to a new 53,000-square-foot office in downtown Chicago.
Franklin Street Closes Major Credit Facility Expansion
The recast of the existing unsecured credit facility into the $1 billion facility is accompanied by a $200M private placement and extension of term loans.