NEW YORK, NY — Holliday Fenoglio Fowler, L.P. (HFF) announced 16 financings totaling $663 million secured by 15 class A retail properties and one industrial property totaling 4.6 million square feet in New York and New Jersey.
The HFF team worked on behalf of the borrower, Urban Edge Properties, to secure the 16 separate loans with two CMBS lenders, three life company lenders and one bank. The loans include 14 fixed- and two floating-rate facilities with terms ranging from
GAITHERSBURG, MD — Equus Capital Partners, Ltd. (“Equus”), one of the nation’s leading private equity real estate fund managers, announced the sale by one of its affiliates of 25, 35, and 45 West Watkins Mill Rd., a three-building office/lab portfolio totaling 139,938 s/f in Gaithersburg, a submarket of Washington, DC. The properties were acquired by Tritower Financial Group for $29.4 million and were 95% leased at the time of sale. “Equus’ ability to attract and retain tripl