JP Morgan Chase & Company
HREC Closes Savannah Hotel Sale
The 156-key Fairfield Inn & Suites Savannah Midtown changed hands for $23 million.
Sonnenblick-Eichner Lines Up $55M Refi for LA Assets
The fixed-rate first mortgage financing is secured by three office buildings and a retail property within the Continental Park mixed-use development in El Segundo, Calif.
Multi-State Office Portfolio Scores $455M in Financing
Brookwood Financial Partners utilized the funds to recapitalize 27 properties totaling more than 4 million square feet of suburban space.
Cerberus, Hines JV Buys Texas’ Tallest Tower for $627M: Report
Hariri Interests sold JPMorgan Chase Tower in downtown Houston, a 1.6 million-square-foot skyscraper designed by the late I.M. Pei, along with an adjacent 407,000-square-foot property.
Austin Energy to Acquire Nacogdoches Facility for $460M
The transaction is expected to close in mid-2019 and will enable Austin Energy to avoid about $275 million in additional costs over the remaining term of the agreement.
Cleveland Office Tower Receives $100M Refi
Located in the waterfront district of the city, the 23-story Ernst & Young Office Tower features 465,000 square feet of leasable space.
DC-Area Office Campus Lands $104M Financing
Following the acquisition of Greensboro Park in Tysons, Va., Velocis and Altus Realty will use the five-year loan to fund the purchase price.
Golub & Co. Sells Interest in Chicago High-Rise
The locally based international real estate developer will continue as operator, manager and leasing agent of Orrington Plaza, a 20-story trophy office building in Evanston, Ill.
Meridian Arranges $240M Loan for NYC Office Tower
The Hakimian Organization will utilize the proceeds to refinance 636 11th Ave., a 560,000-square-foot property fully leased to advertising and public relations firm Ogilvy & Mather.
Taconic Capital Snags 757 KSF Dallas Office Campus
This purchase marks the firm’s first property in North Texas. The new owner is set to invest in significant upgrades to both buildings and add several tenant amenities.
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