BB&T Bank
Kathy Farrell Says Truist Will Be a Lending Force
Kathy Farrell, head of CRE lending at the bank that resulted from the merger of BB&T and SunTrust, talks capital markets and strategy.
Truist Financial Buys Charlotte HQ from Cousins for $456M
A BB&T and SunTrust venture—now Truist Financial—exercised its option to purchase the nearly 1 million-square-foot office property.
Miami Mixed-Use Project Scores $13M Loan
Coral Rock Development Group and Arena Capital Holdings landed construction financing for the retail portion of a mixed-use project in Hialeah, Fla.
BB&T, SunTrust Take Big Lease at Charlotte Trophy Tower
With a merger in the works, the financial institutions commit to more than half of Cousins Properties’ 970,000-square-foot Hearst Tower. Also included in the deal: an option to buy the property.
C&W Awarded Ft. Lauderdale Office Leasing
The team of Travis Herring, Deanna Lobinsky, Katherine Ridgway and Chase Kulp will spearhead leasing efforts on behalf of Stockbridge Capital Group for 110 East Broward.
BB&T Grabs Raleigh Office Building in $34M Deal
In addition to Highwoods Tower One, Highwoods Properties has agreed to sell the adjacent Highwoods Tower Two. The second transaction is scheduled to close in the second quarter of 2018.
Watkins Breaks Ground on New AL Retail Center
A Publix-anchored shopping center broke ground in Huntsville, Ala. The $12 million development is scheduled for completion in the first part of 2018.
Feldman Arranges New Lease at Tampa Office Tower
The new tenant will relocate its headquarters later this year and will occupy the 18th floor of the office building which is currently under renovation.
Terra Group Receives $32M Loan for Miami Development
Mary Street will mark the first delivery of a Class A office building in Miami’s Coconut Grove neighborhood in more than 25 years. Construction will break ground in August 2017.
Clearwater Office Park Lands $6M Refi
Grandbridge Real Estate Capital’s Vice President T.J. Ownby arranged the permanent, fixed-rate financing for the three-building complex, known as Belcher Commons.