News
CBRE Arranges Construction Loan for Florida Retail Center
The company secured financing on behalf of Gertz Builders and Developers Inc., with Branch Banking & Trust providing the $16 million loan.
HFF Arranges Sale of Ft. Lauderdale Financial Center
The company marketed the five-story office building on behalf of the seller, Clarion Partners, also procuring the buyer. Additionally, the firm secured acquisition financing.
55 Allen Plaza Wins TOBY Award
The 2017 award marks the second consecutive year 55 Allen Plaza has received this recognition. Lincoln Property manages the Atlanta office building.
Economy Watch: IMF Ups Forecast for 2017 Global Growth
Gains in infrastructure and trade support the IMF’s prediction for greater global economic growth than previously expected. However, risks to the forecast remain, such as widespread protectionism and a withdrawal from multilateralism.
1776 On The Green Trades for $33M
Vision Real Estate purchased 1776 On The Green from Deutsche Asset Management in a $33 million transaction and plans on modernizing the office building.
Mixed-Use, Industrial Developments Underway in San Diego
RAF Pacifica plans to develop a 26,000-square-foot mixed-use project and a 169,087-square-foot industrial R&D facility in two of the city’s submarkets by 2018.
1 Hotels Debuts in Brooklyn
The 194-key, sustainability conscious property chose Earth Day for its grand opening. This is the flag’s first ground-up build, flagship property in the area.
TEP Barnett Moves to Fort Worth’s 777 Main
The company signed a full-floor sublease for a 20,752-square-foot office space in a landmark office tower. The space will serve as a regional hub for the firm.
Carnegie Hall Tower Lands $325M Refi
This marks Singer & Bassuk’s fifth financing arranged for the 60-story skyscraper since 1988. The César Pelli-designed iconic building won an Honor Award from the American Institute of Architects.
Meraas to Debut 4 New Hotel Brands in Dubai
The company is not alone in its bid to enhance the city’s hospitality market, as the metro sports the largest guestroom pipeline of any city in the world.