Search Results: hff
HFF Arranges $32 Million Loan for New Ace Hotel in Chinatown
The ten-story building that housed the Salvation Army Chinatown Community Shelter is set to be redeveloped into a new Ace Hotel.
HFF Secures $34M Refinancing for Shops at Kingsbury Square
CHICAGO – HFF, one of the country’s largest commercial real estate services companies recently arranged a $34 million refinancing for Shops at Kingsbury Square, a prime retail property anchored by a flagship Whole Foods Store in northern Chicago.
HFF Arranges Sale, Financing for 3811 Turtle Creek in Uptown Dallas
KBS Realty Advisors recently increased its Dallas footprint through the acquisition of 3811 Turtle Creek, a 296,000-squre-foot, Class A office tower in Uptown. The deal was brokered by HFF, which acted on behalf of the seller, MetLife Real Estate Investors. The HFF team also helped with obtaining financing for the new owners, having secured a seven-year, 3.55 percent, fixed-rate loan through a life insurance company.
HFF Completes Sale of Inland Empire West Industrial Development Project
According to Holiday Fenoglio Fowler, the company recently completed the transaction for an Inland Empire West industrial development project. HFF worked on behalf of Xebec Realty Partners, and marketed the Catawba Distribution Center in Fontana, CA. The property was eventually sold by the commercial real estate and capital markets services provider to a discretionary real estate fund for a total fee of around $23 million. The HFF team in charge of the sale consisted of Senior Managing Director Anthony J. Brent and Managing Director Ryan Martin.
HFF Secures $17M Funding for Office Complex Acquisition on Behalf of True North Management Group of New York
HFF has lined up $17.15 million in post-acquisition financing for True North Management Group‘s purchase of a more than 240,000-square-foot office complex in Carmel.
Hotel Urbano under New Ownership, HFF Represents Seller
Hotel Urbano at Brickell, a 65-key boutique hotel located on historic Brickell Avenue in Miami, Florida changed hands recently, Holliday Fenoglio Fowler announced. The hotel was offered with valuable development rights allowing for a 64-room (12,699 square feet) expansion on the site.
HFF and Johnson Capital Arrange Financing for Two Los Angeles Area Commercial Properties
Two commercial properties in the Los Angeles area have received financing this week, with a total of approximately $18 million in financing raised for the two assets. HFF worked on behalf of the owners of a class A specialty center in Brentwood, while a Johnson Capital team secured funds for a Pasadena retail center.
HFF Secures $7.5 Million for Hillcrest M-F Project
A residential project located in San Diego’s Hillcrest neighborhood recently received a massive boost as developer Hillcrest Veritas, LP received $7.46 million in construction-permanent financing. HFF worked on behalf of the developer to secure the financing, a 71 percent loan-to-cost, 12-year, fixed rate construction-permanent loan through a correspondent life company lender.
HFF Helps Close on Eldorado Market Place; CBRE Capital Markets Brokers Sale of Hondo Park Apartments
HFF recently announced that it helped close on Eldorado Market Place, a 162,331-square-foot retail center in Frisco. HFF represented the seller, WD Eldorado & Tollway, LP, an affiliate of Duggan Realty Advisors, LLC and Waitt Investments.
HFF Closed Sale of 314,399 Square Feet of Class A Office Space in Austin
HFF announced closing the sale of a Class A suburban office portfolio totaling 314,399 square feet in Austin; they’ve represented the seller, Intercontinental Real Estate Group. The buildings involved in the transaction are Stonecreek I and II and Canyon at Wild Basin. The financial details of the transactions were undisclosed, but both properties were sold clear of any existing debt.