Search Results: hff
Moody National REIT Acquires Hilton Garden Inn
The previously announced intention of Moody National REIT to purchase the Hilton Garden Inn Austin NW/Arboretum has come to fruition. Holliday Fenoglio Fowler has announced closing the sale after having exclusively marketed the property on behalf of the seller. Moody National REIT has purchased the hotel free and clear of existing debt.
Stiles and Prudential Real Estate Advisors Drop $108M on Ft. Lauderdale Office Tower
By Eliza Theiss, Associate Editor New River Center, a 281,713-square-foot Class A trophy office tower in downtown Fort Lauderdale, was sold for $108 million or $383 per square foot. The institutional-quality asset was picked up by a joint venture formed by Prudential Real Estate Investors (PREI) and Stiles Property Fund (SPF). SPF was launched in […]
Brookdale Revealed as Buyer of 777 Main in Fort Worth
A local Fort Worth newspaper reported that the Brookdale Group was the unnamed buyer of the 980,000-square-foot office tower in downtown Fort Worth, sold by Cousins Properties amid a tenant lawsuit.
Broad Street Development Acquires Mulberry Street Multifamily Assets in $178.5 Million Deal
Broad Street Development recently announced the addition of two different multifamily buildings in the New York City market. The multi-faceted investor and developer paid Boston-based GID Investment Advisors LLC a fee of $178.5 million for the two properties located on Mulberry Street, an area situated at the corner of the Greenwich Village, SoHo and NoHo neighborhoods. According to the announcement, Broad Street acquired the two properties as part of its partnership with Crow Holdings, a national real estate investment fund.
Joint Venture Sells Dwell at McEwen for $81.1M
t’s been another great year for the Nashville real estate industry, particularly for the apartment market. New projects abounded and sales shattered records yet again. In fact, Nashville apartment asset sales surpassed the $1 billion mark, shattering the previous sales record of $744 million set in 2013
Monticello Keeps North Dallas’ M-F Market Thriving with New Buy
Monticello Asset Management has contributed to North Dallas’s growing multi-family market with the purchase of the 148-unit Willoughby Park Apartments.
Polidev Investments Acquires Office/MOB Asset in University Town Center
Polidev Investments Inc. recently completed the acquisition of a San Diego office and medical office campus located in the city’s University Town Center submarket. Seller DivcoWest worked with real estate company HFF to market the property, with HFF also being responsible with closing the transaction. Polidev also worked with HFF in securing the necessary financing for the acquisition of Genesee Plaza.
Whitestone REIT Shows Keen Interest in Sugar Land
Whitestone REIT has made its first purchase in Houston since becoming publicly traded in 2010 with the purchase of a 262-square foot shopping center in the city’s desirable Sugar Land community.
Broad Street Development JV Buys M-F Portfolio Throughout Manhattan
A joint venture between Broad Street Development and Crow Holdings has acquired a two-property residential portfolio located between Manhattan’s SoHo and NoHo neighborhoods for $178 million.
Cousins Secures 230 KSF Lease; Chambers Street Cashes In $26M for Sam Houston Crossing IInc.
By Eliza Theiss, Associate Editor Fully integrated, self-administered and self-managed REIT Cousins Properties Inc. has secured a 230,000-square-foot lease extension at Post Oak Central. Tenant Stewart Information Services Corp.’s contract was set to expire in September 2016. It has now been expanded until September 2019. The deal put Cousins’ 5.6 million-square-foot Houston portfolio at 96 […]