Seeking Alpha

Busy deal flow continues at HFF

  • Working on behalf of the borrower, HFF (NYSE:HF) arranges the $290M construction loan for The Surf Club Four Seasons Private Residences in Surfside, FL. The property will include 151 residential units, 77 hotel rooms, and luxury retail and restaurant space.
  • In another deal, HFF arranges the financing for 401 North Michigan Avenue, a 35-story, 58K square foot Class A office tower along Chicago's "Magnificent Mile." The property was built in 1965 and currently 81% leased. The five-year floating-rate loan came through Blackstone Mortgage Trust (NYSE:BXMT), and the money (amount not disclosed) will be used to renovate the property over the next three years.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|