A partnership between Fontainebleau Development, Aventura, Fla., and Koch Real Estate Investments, Dallas, secured a $2.2 billion construction loan to complete 67-story hotel and casino Fontainebleau Las Vegas.
Tag: Deal
Dealmaker: Institutional Property Advisors Completes $16M Florida Office Sale
Institutional Property Advisors, Ontario, Calif., sold TBC Headquarters, a single-tenant office building in Palm Beach Gardens, Fla., for $15.5 million or $348 per square foot.
Dealmaker: Bascom Group Acquires Arizona Apartments for $11.6M
The Bascom Group LLC, Irvine, Calif., acquired Sierra Charles Apartments in metro Tucson, Ariz. for $11.6 million, or $59,164 per unit.
Dealmaker: KeyBank Real Estate Capital Secures $82M for Healthcare, Multifamily
KeyBank Real Estate Capital, Cleveland, secured $81.6 million in financing for healthcare and apartment assets in New York and Arizona.
Dealmaker: San Francisco’s Transamerica Pyramid Center Sells for $650M
JLL Capital Markets, Chicago, closed $650 million for sale and $390 million financing of the Transamerica Pyramid Center Complex in San Francisco.
Dealmaker: NorthMarq Secures $105M in Multifamily Refis
NorthMarq, Minneapolis, secured $104.8 million for multifamily properties in California and Florida.
Dealmaker: MetroGroup Realty Finance Secures $27M for Industrial Assets
MetroGroup Realty Finance, Newport Beach, Calif., arranged $26.5 million in financing for three southern California industrial properties.
Dealmaker: JLL Arranges $368M for Office, Multifamily
JLL Capital Markets, Chicago, arranged $367.6 million to refinance a four-building office campus and five multifamily properties.
Dealmaker: Grandbridge Real Estate Capital Closes $35M Multifamily Refi
Grandbridge Real Estate Capital, Charlotte, N.C., closed a $35.4 million refinance loan secured by The Arrow Apartments, a multifamily and student housing community in Minneapolis, Minn.