Goldman Sachs
Phillips Edison, Grocery Center REIT II to Merge
The consolidation, which is expected to be completed in the fourth quarter, will create one of the largest grocery-anchored shopping center portfolios, worth more than $6 billion.
Nahla Capital Spends $126M on Philadelphia Office Tower
The asset, acquired in a joint venture with Goldman Sachs, is located in the Market Street West neighborhood and represents the buyer’s first expansion into Pennsylvania.
CO Retail Asset Trades for $11M
Transwestern represented the seller, Transmark Co., in its disposition of Broadbridge Shopping Center in Littleton, which is currently 89 percent leased.
Louisiana’s Margaritaville Resort Casino to Sell for $376M
In separate transactions, VICI Properties will acquire the Bossier City, La., gaming destination’s real estate properties, while Penn National Gaming will purchase the operating assets.
Blackstone to Acquire LaSalle Hotel Properties for $4.8B
The deal, expected to close in the third quarter, includes 41 properties totaling more than 10,000 guest rooms in 11 markets.
Houston-Area Retail Center Lands $7M Refi
JLL Capital Markets arranged the fixed-rate non-recourse loan for The Shops at Spring Village in Spring, Texas, on behalf of Capital Retail Properties.
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.
Top 10 Lenders of 2017 in the Denver Office Market
Yardi Matrix’s list of the most active lenders in the past year focuses on the biggest loans originated to finance office assets in the metro area.
Ikos International Debuts in Spain
HFF secured $135 million in financing for the firm to acquire a 400-key, all-inclusive luxury hotel. Ikos plans renovate and rebrand the hotel.
Stonecrop Technologies Inks 527 KSF Lease in Columbus
In a quick move that reflects the strength of the local market, Plymouth Industrial REIT signed the newcomer to a three-year deal just a few months after the old tenant vacated space.