U.S. Bank
Stockbridge Lands $47M Loan for FL Office
Earlier in January, the owner paid $41.1 million to acquire the 24-story tower and a connected two-story building in Fort Lauderdale’s central business district from U.S. Bank.
Grubb Properties Enters DC Market
Special servicer C-III Asset Management represented U.S. Bank in the disposition of Argon Plaza in Fairfax, Va. The distressed office building changed hands in a $38.8 million deal.
PRP Grabs Pair of VA Foreclosed Office Assets
The properties total 420,000 square feet and sit in the proximity of Mark Center Transit Center, Alexandria Hospital and Alexandria Community College.
NAI Tapped to Lease, Manage 4 Houston Office Assets
The buildings, which include approximately 200,000 square feet of suburban office space, sit next to a retail center and are accessible via Interstate 69.
Cambria Hotel Nashville Opens Doors
The 235-key upscale property, owned and managed by Fillmore Capital Partners, sits in the city’s SoBro district near the Bridgestone Arena.
264-Key Omni Hotel at The Battery Atlanta Debuts
Developed by TRT Holdings Inc., the property sits within the billion-dollar The Battery Atlanta mixed-use development and will serve as the official hotel of the Atlanta Braves baseball team.
KBS REIT Snares $1B Financing Commitment
BofA, Wells Fargo and U.S. Bank were the joint lead arrangers of the three-year facility, which marks the largest single financing transaction in the company’s history.
George Smith Partners Continues Team Expansion
Alina Mardesich, the new senior vice president, will serve as an intermediary between capital sources and property owners, sponsors and developers.
TREIS Closes Sale of Tampa Retail Assets
Tiktin Real Estate Investment Services President Adam Tiktin represented the seller in the transaction, while U.S. Bank originated the acquisition financing to facilitate the deal.
Downtown Phoenix Office Building Lands $51M Financing
HFF secured the three-year, floating-rate loan for U.S. Bank Center, a 360,000-square-foot high-rise building. Completed in 1976 and renovated in 2013, the property is 63 percent occupied.