Goldman Sachs
TruAmerica Acquires $47M Orlando Community
As one of the strongest multifamily markets in the U.S., Orlando has a very frothy investment market. TruAmerica intends to enhance the 300-unit property located between the area’s chief financial drivers.
Stirling Development Hires New OC Director
Meet Gordon Cope, the company’s new director of financial planning & accounting. In his new role, Cope will focus on budgeting, tax planning and financial review for Stirling’s business activities.
JV Unveils Downtown Hartford Mixed-Use Project
RBH Group, Goldman Sachs Urban Investment Group, and several other partners will develop Teachers Corner Hartford, which will bring 60 affordable and market rate units, with an additional 6,000 square feet of retail space.
Sage Realty Takes Control of Manhattan’s 77 Water Street
In April 2018 the building will convert from a triple-net-lease with Goldman Sachs back to a gross lease. The company secured future commitments with several tenants including law firm Lewis Brisbois Bisgaard & Smith LLP and engineering consulting firm Arup.
Goldman Sachs Joins $5.5B Baltimore Revitalization Project
The financial company’s Urban Investment Group is contributing $233 million for the construction of Port Covington, a 235-acre master-planned development on the city’s waterfront. The commitment marks the fund’s largest single private equity investment ever.
DLA Piper Special Report: Exploring Non-Traditional Real Estate Realms
Amid industry optimism, clouds are massing on the horizon. They include concerns over capital, pricing and risk, all interrelated.
Brennan Buys Multi-State Industrial Portfolio
The purchase of three properties in Chicago, Indianapolis and Bakersfield, Calif., caps a busy year for the group, which now owns more than 28 million square feet of space in 23 states.
Kor Group, Goldman Sachs Team Up for LA Hotel Buy
The 250-key Custom Hotel is the only lifestyle boutique near Playa Vista and Los Angeles International Airport. The companies have two other hotels in the pipeline, scheduled to open in 2019.
Trinity Wall Street Scores $400M for NYC High-Rise
Cushman & Wakefield arranged the acquisition financing for 375 Hudson St., a 19-story Class A office and retail building in Manhattan.
Presidio Lands $62M Bridge Loan for Napa Valley Hotel
CBRE Hotels’ debt and structured finance team secured five-year financing for the resort, which opened this summer after renovation of an historic property and construction of six new buildings.