Lender Takes Over £150M London Mixed-Use Scheme
Tikehau has taken over The Arc at 225 City Road, which includes 100 apartments and 150K SF of office.
Tikehau has taken over The Arc at 225 City Road, which includes 100 apartments and 150K SF of office.
Diversity in senior real estate management is getting worse.
Mike Ablon of PegasusAblon and Mike Hoque of Hoque Global are planning a $350M redevelopment of the property that will include the addition of a luxury hotel.
The Atlanta-based retailer is cutting costs as demand for large home improvement expenses has waned.
The country's largest bank, with 300,000 global employees, is expected to make the formal announcement in the weeks to come.
PSP Investments, the Canadian pension fund that acquired The Wharf in April, secured the refinancing deal from a trio of big banks.
Proceeds from the mortgage loan will be used to refinance $650M of existing debt and buy out J.P. Morgan Asset Management’s equity interest in NorthPark Cente
The owners of the 235-acre site, Kevin Plank's Sagamore Ventures and Goldman Sachs, reportedly decided not to renew a contract with Gilmartin's MAG Partners.
Blackstone's $3.5B CMBS refinancing of the portfolio of QTS data centers adds to the surging securitized debt backed by data centers.
MAG Partners CEO MaryAnne Gilmartin told Bisnow the project has gained interest from the data center sector as development has slowed for other commercial uses.
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