To facilitate the deal, UBS AG has provided $46.58 million of mortgage financing that pays a fixed coupon of 7.02 percent. The 10-year loan requires only interest payments for its entire term. It will be included in an upcoming CMBS ...
Commercial Real Estate Direct Staff Report An affiliate of AGC Equity Partners has paid $69 million, or $204.52/sf, for Ali'i Place, a 337,370-square-foot office property in Honolulu. The London investment firm purchased the 23-story property from Bristol Group of San ...
Commercial Real Estate Direct Staff Report PGIM Real Estate has provided $120 million of financing against Town Center of Mililani, a 476,615-square-foot retail property in Mililani, Hawaii. The property, at 95 to 1249 Meheula Parkway, is owned by a venture ...
Commercial Real Estate Direct Staff Report The 570,904-square-foot Queen Ka'ahumanu Center retail property in Maui, Hawaii, is one step closer to being offered for sale. The property is owned by GS Mortgage Securities Corp., 2014-GC26, which took it through foreclosure ...
Financial Partners Group has paid $115 million, or $500,000/room, for the 230-room Hyatt Centric Hotel & Shops Waikiki Beach in Honolulu. The Japanese conglomerate, with holdings in the aviation, insurance and real estate sectors, had purchased the property from its ...
Commercial Real Estate Direct Staff Report Financial Partners Group has paid $115 million, or $500,000/room, for the 230-room Hyatt Centric Hotel & Shops Waikiki Beach in Honolulu. The Japanese conglomerate, with holdings in the aviation, insurance and real estate sectors, ...
CBRE has arranged $135 million of debt financing for the construction of a 240-room dual-branded Hyatt Place and Hyatt House Hotel in Ewa Beach, Hawaii. An unnamed bank provided the senior construction loan, while a life insurance company provided mezzanine ...
Host also paid $50 million for a a 49-acre development site, also in Kahuku, Hawaii. The hotel, at 57-091 Kamehameha Highway, will be rebranded under the Ritz-Carlton name and be managed by Marriott International Inc. Based on the hotel's estimated ...
Commercial Real Estate Direct Staff Report Host Hotels & Resorts Inc. has agreed to pay $630 million, or $1.4 million/room, for the 450-room Turtle Bay Resort and $50 million for a 49-acre development site, both in Kahuku, Hawaii. The Bethesda, ...
Commercial Real Estate Direct Staff Report Park Hotels & Resorts Inc. is trying to quickly give to its CMBS lender its two largest San Francisco hotels, the 1,024-room Hilton Parc 55 and the 1,919-room Hilton San Francisco Union Square. The ...
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