News
UC Funds Launches New Product
In a constrained lending environment, non-traditional lenders are offering increased flexibility. Daniel Palmier, president & CEO of UC Funds, explains what factors sponsors should consider when looking for a financing partner.
First Staybridge Suites Debuts in Poland
The 190-key project, which marks the eighth property for IHG in Europe, will be located in Warsaw’s third-largest district. The company will operate the hotel under a franchise agreement with WIK Capital.
Historic Nashville Building to Debut as Hyatt Hotel
HRI Properties will transform a vintage property into Holston House, a 191-key hotel. The art deco building is on the National Registry of Historic Places and used be the location of the James Robertson Apartments.
ABQ Embraces Live-Work-Play at Lobo Rainforest Building
A $35 million, 160,000-square-foot mixed-use building replaced the old First Baptist Church site and will house students, Innovate ABQ tenants and UNM’s Innovation Academy.
ENGIE Enters Mongolia with 55MW Wind Farm
The Sainshand wind farm will be located in the Gobi Desert and will generate enough green energy to serve the needs of 130,000 Mongolians.
Davis Cos. Buys 137 KSF MA Office Asset
KBS Realty Advisors sold the 137,000-square-foot property, which is located at 625 Mount Auburn St. in Cambridge, two miles west of Harvard Square and less than one mile from Mt. Auburn Hospital.
Chicago Freezer Facility Lands New Tenants
Frozen Assets Cold Storage will occupy more than 50 percent of Bridge Point Northlake, a cold storage facility in Northlake, Ill. The lease was brokered by Bridge Development Partners.
North SF Office Asset Changes Hands
Sunhill Enterprises LP purchased a 16,900-square-foot office building in San Francisco’s North Beach neighborhood. The property features upgraded and newly remodeled second and third floors.
NewMark Merrill Adds New VP
The shopping center owner and manager hired Quang Nguyen as vice president of marketing and technology. Nguyen brings 17 years of experience to the company.
German Auto Supplier to Enter SC
bo parts GmbH intends to build a 60,000-square-foot production facility in Greer. The $4.1 million investment is projected to create 100 new jobs by 2022.