SunTrust Bank
JV Lands $73M Bridge Financing for Orlando Tower
With help from Berkadia, Lincoln Property Co. and its partners secured the metro’s largest loan for a single asset and the third largest in Florida this year.
TD Bank Selects Director of REITs, Investment Funds
John Szeman brings more than 16 years of experience to the position and will be based in New York City.
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.
How to Break the Glass Ceiling
Panelists at the IREM Global Summit share best practices for mitigating bias and advancing diversity.
Ft. Lauderdale Office Tower Commands $117M
Crocker Partners and Walton Street Capital have sold the 28-story, fully renovated One Financial Plaza.
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.
Nashville Hyatt Gets $66M Construction Financing
C.B. Ragland’s 252-key development will rise 20 stories in the city’s SoBro district. The hotel’s opening is scheduled for summer 2021.
Wheelock Street Capital Pays $112M for Nashville Office
SunTrust Bank provided the buyer of the recently renovated, nearly 436,000-square-foot Class A high-rise with roughly $72 million in acquisition financing.
San Diego Office Portfolio Commands $77M
A joint venture acquired the four-building collection of properties within the Liberty Station development from McMillin Cos. The partners also secured $58.9 million in financing for the purchase.
Divaris Expands Retail Leasing Portfolio in VA
The management company added five shopping centers totaling more than 300,000 square feet to its collection of properties in Hampton Roads.