Wells Fargo
Las Vegas Office Building Trades for $19.5M
Pacific Oak SOR II sold the Class A asset acquired four years ago by KBS Realty Advisors for $13.4 million, according to Yardi Matrix data. Pacific Oak recently took over three REITs established by KBS.
Staying Disciplined, Hedging Risk in Tomorrow’s CRE Financing World
Where is lending headed? Executives from Citigroup, TPG, Goldman Sachs and Blackstone tackled that crucial question at the latest DLA Piper Global Summit.
Nakash JV Buys Nashville Hotel for $102M
The buyer of the 207-key Hampton Inn & Suites financed the acquisition with three loans.
Cushman & Wakefield Lands South FL Leasing Assignment
The three-building, Class A office campus includes more than 350,000 square feet in Fort Lauderdale, Fla. The owner plans to invest in amenity upgrades.
Berkadia Arranges $50M Refi for New Orleans Tower
Working on behalf of Stirling Properties, owner of the 674,000-square-foot Pan American Life Center, the firm orchestrated a 10-year fixed-rate loan through Wells Fargo.
San Francisco’s One Montgomery Terrace Sells for $82M
CBRE arranged the sale of the historic office building in the city’s North Financial District. The firm also secured $76.6 million in acquisition financing.
Denver-Area Hotel/Convention Center Lands $800M Refi
The loan package covers a potential expansion of the $795 million Gaylord Rockies Resort & Convention Center in Aurora, Colo., which opened in December 2018.
Eastdil Secured Names 2 Managing Directors
Matt McCoy brings more than 20 years of experience to the firm’s Charlotte, N.C., office, as Will Silverman joins the New York team following tenure at Hodges Ward Elliott.
Menlo Equities Acquires Phoenix Office for $52M
The property, fully occupied by Wells Fargo, is situated within Papago Park Center, a large-scale mixed-use development in Tempe, Ariz.
Eastdil Secured to Go Private in Management Buyout
The financial services firm will sell its majority stake to Eastdil Secured’s management in partnership with Temasek Holdings and Guggenheim Investments. The deal is expected to close later this year.