Finance - West
Cities
-
WA Office Park Commands $63M
The roughly 200,000-square-foot, three-property portfolio in Bothell changed hands with help from Newmark Knight Frank, which acted on behalf of seller Equity Office.
08 March 2019 13:42 -
Denver-Area Office Portfolio Trades for $28M
SteelWave sold three properties in Boulder, Colo., totaling almost 115,000 square feet of office and lab space. The new owner intends to continue the renovations the seller started.
08 March 2019 08:45 -
Berkadia Acquires CPCP, Launches Structured Capital Group
Central Park Capital Partners, led by Noam Franklin, has diverse domestic and international finance relationships and is part of Berkadia’s strategy of becoming a one-stop shop.
07 March 2019 11:46 -
NorCal Hilton Hotel Sells for $50M
Ashford Hospitality Trust is the new owner of the 178-key property in Santa Cruz. Acquisition financing included a non-recourse mortgage loan of roughly $25.3 million.
01 March 2019 13:27 -
From Tenant to Owner: Making the Switch
How the proprietors of a popular San Francisco restaurant found financing to buy a mixed-use building through a federal loan program.
28 February 2019 19:38 -
Somera Capital Management Gets $27M Refi for CA Hotel
Sonnenblick-Eichner arranged the refinancing of the construction loan for the Inn at the Pier, a 104-key hotel located in Pismo Beach, Calif.
28 February 2019 15:34 -
Tacoma Marriott Lands $78M in Construction Financing
3650 REIT facilitated the loan for the development of a 304-key hotel directly connected to the Greater Tacoma Convention Center.
27 February 2019 14:20 -
Planned SF-Area Moxy Hotel Receives $50M in Equity Capital
An opportunity zone fund sponsored by EJF Capital provided the financing for the 173-key project in Oakland, Calif., which is being developed in conjunction with Tidewater Capital and Graves Hospitality.
25 February 2019 13:20 -
Denver-Area Office Asset Sells for $18M
The seller, City Office REIT, had purchased the three buildings totaling nearly 200,000 square feet in mid-2014 for more than $25 million.
21 February 2019 11:13 -
Marriott Secures $40M Loan for Tucson Asset
The 136-key AC Marriott is the first hotel to be built in the city's downtown since the early 1970s. Walker & Dunlop arranged the financing.
19 February 2019 13:40 -
Optimus Properties Acquires LA-Area Office
The one-story structure 20 miles south of central Los Angeles contains more than 60,000 square feet. The county government is the only tenant the building.
18 February 2019 12:58 -
JV Receives $55M for Denver Office Asset
The property previously served as the administrative back office center for CenturyLink. The borrower plans to transform the property into a state-of-the-art office center.
12 February 2019 14:28 -
LA Storage Facility Secures Construction Loan
World Class Capital Group and Barings received $30 million in financing for a 188,600-square-foot project in the city's Chinatown neighborhood.
12 February 2019 13:53 -
Malkin Properties Gets $155M Loan for 2 CA Hotels
The projects in Oceanside will total more than 350 keys. Destination Hotels & Resorts will operate one of the assets, while Joie de Vivre will be in charge of the other.
28 January 2019 13:43 -
Coachella Valley Resort Lands $212M Financing
The Robert Green Co. will use the loan to construct the first phase of SilverRock Resort and Residences, which is expected to include Montage- and Pendry-branded hotels.
17 January 2019 11:36