Regions
Meridian Sells Majority Interest in VA Office Complex
The firm secured a partnership with MetLife Investment Management for the recapitalization of Boro Station, a recently renovated three-building office property in Tysons.
Thompson Creek Relocates MD HQ
The company has kept its Lanham footprint by moving 150 employees to a recently purchased and renovated Class A office building.
Private Equity Checks in With Hospitality
Pryor Cashman LLP‘s Todd Soloway outlines the impact private equity investment is having on the industry, as well as the most common legal issues his hospitality clients encounter.
Economy Watch: State Labor Markets, Construction Costs Stay in Growth Mode
Over the past three months, all 50 states have posted increases in the Philadelphia Fed’s index of economic indicators. Construction materials prices in March were up 5.8 percent year over year, the Associated Builders and Contractors reported, even as declining natural gas prices help mask rapidly rising costs in other categories.
RBC Wealth Signs 310 KSF Office Lease
The company will move its employees into United Properties’ soon-to-be redesigned, 33-story tower located in downtown Minneapolis. The mixed-use project will include office space, a hotel and residential condos.
Ashford Hospitality Completes 22-Hotel Portfolio Refi
The Dallas-based hotel REIT is continuing its strategy of taking advantage of an attractive lending market, closing its second refinancing this year on the heels of several late 2017 transactions.
$45M Financing Earmarked for Iconic SF Hotel
The George Smith Partners team led by Malcolm Davies worked on behalf of The Kor Group to replace an existing construction loan and mezzanine facility.
Lightstone Buys Queens Hilton Garden Inn
The 183-key hotel was completed in 2015 and is LEED Certified. The acquisition will be a joint venture between the company’s REIT II and REIT III.
REthink Presents Customer Relationship Management Platform
The company developed REthink CRM, a cloud-based commercial real estate brokerage platform that provides cutting-edge technology for managing client relations, listings, properties and deals.
Lincoln Property, Goldman Sachs Expand Phoenix-Area Campus
The partners will develop the second office tower at the 3.2 million-square-foot The Grand at Papago Park Center in Tempe, Ariz.