Regions

Savanna Signs 60 KSF New Leases on 40th Street in Manhattan

Savanna announced the signing of more than 60,000 square feet of new leases at 104 West 40th Street, representing nearly 30 percent of the building’s 210,000-square-foot capacity.

Transwestern’s Management Portfolio Increases by 1.6 MSF with Sumitomo Deal

Transwestern has increased its management responsibilities by approximately 1.6 million square feet after being chosen by Sumitomo to act as exclusive property manager.

JLL Brokers $190M Baltimore-Based Multi-Family Sale to Harbor Group

Monday, Jones Lang LaSalle announced the completion of the sale of six multi-family properties in Baltimore, with Harbor Group International purchasing the 1,984-unit portfolio for $190.1 million.

Donahue Schriber Completes $1.2B Balance Sheet Recap

Donahue Schriber set out to recapitalize its balance sheet to the tune of $1.2 billion and the shopping-center developer has done just that.

CBRE Tapped by IndCor to Manage 22 MSF Industrial Portfolio

CB Richard Ellis Inc. has had a busy week after being chosen by IndCor Properties Inc. to manage an industrial property portfolio totaling 22 million square feet across 10 states.

Strategic Hotels’ Refi Frenzy Continues with $130M Loan on Four Seasons D.C.

Strategic just closed a $130 million limited-recourse loan secured by the premier 222-room property in D.C.’s upscale Georgetown neighborhood.

Host Hotels to Purchase the Grand Hyatt Washington, D.C., for $442M

Host Hotels & Resorts Inc. is on track to acquire the Grand Hyatt Washington, D.C., for $442 million in what will be one of the largest hotel transactions in the metropolitan area so far this year.

Invesco Secures $72.8M Loan Through ING

The loan money is once again flowing. On Thursday, ING Real Estate Finance announced the closing of a $72.8 million term loan with Invesco Real Estate.

Trecap Nabs Two Portland Apartment Complexes for $53.9M

Trecap Partners L.L.C. jumped into the booming Beaverton, Ore., submarket with the acquisition of a majority stake in two apartment complexes totaling 542 units.

Oppenheimer to Take 270,000 SF at Manhattan’s 85 Broad

The Manhattan deals keep on coming. On Monday, Oppenheimer & Co. Inc. announced that it inked a lease to occupy seven floors over 270,000 square feet at 85 Broad Street in lower Manhattan.