Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Two Directors at HFF Inc sold 39,476 shares at 41.020USD. The significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing...
LONDON--(BUSINESS WIRE)-- HFF Real Estate Limited (HFF) announces the £248 million sale of Cannon Bridge House, a landmark City of London office asset totaling 286,595 square feet spread across two buildings. The HFF team represented the seller, Blackstone, in this landmark transaction. Cannon Bridge House was originally developed in 1991 to provide a total of 286,595 square feet of highly specified office accommodation arranged over basement, ground and six upper floors. The property comprises two independent...
WASHINGTON--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Flats at Bethesda Avenue, a trophy mixed-use residential and retail property located in the heart of Bethesda, Maryland. The HFF team marketed the property exclusively on behalf of the seller, a joint venture between StonebridgeCarras, PN Hoffman, Buvermo and Northwestern Mutual, and procured the buyer, a fund managed by BlackRock Real Assets. Completed in 2015, Flats at Bethesda comprises 162 luxury apartment units and ne...
FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of The Rivington, a 240-unit, luxury apartment community in Hoboken, New Jersey. This transaction represents the largest apartment sale in New Jersey in 2018. The HFF team marketed the property exclusively on behalf of institutional investors advised by J.P. Morgan Asset Management. Equity Residential purchased the property free and clear of existing debt. The Rivington is situated at 1130 Grand Street in the heart of the ...
LONDON--(BUSINESS WIRE)-- HFF Real Estate Limited (HFF) announces the £90.8 million acquisition financing of CAA House, two interconnected office buildings totaling 222,269 square feet in London’s Covent Garden, Midtown submarket. The HFF team worked on behalf of the borrower, Seaforth Land Holdings Limited, to secure the five-year loan through Blackstone’s Real Estate Debt Strategies division. In conjunction with this acquisition loan, Blackstone is also extending financing toward the refurbishment of the property. ...
NEWPORT BEACH, Calif.--(BUSINESS WIRE)-- HFF announces $144 million in financing for Intersect, a four-building, mid-rise, Class A office campus totaling 452,203 square feet in Irvine, California. The HFF team worked on behalf of the borrower, a joint venture between a leading global investment management firm and Hines, to secure the three-year plus extension options, floating-rate loan through New York Life Insurance. Loan proceeds will be used to retire existing debt and fund the remaining lease-up of the property. ...
LOS ANGELES--(BUSINESS WIRE)-- HFF announces the sale of and acquisition financing for Hotel MdR – a DoubleTree by Hilton Hotel, a 283-room, full-service hotel located in West Los Angeles within the Marina del Rey submarket. The HFF team arranged the sale on behalf of Lubert-Adler, Channel West Group and Arris Investments to U.K.-based London & Regional Properties (L+R). This is the first hotel acquisition in the United States for L+R, which has a long-standing relationship with HFF’s London office. Additionally, the...
SAN DIEGO--(BUSINESS WIRE)-- HFF announces the sale of and acquisition financing for Bella Posta, a 344-unit, mid-rise apartment community in San Diego’s Mission Valley submarket. The HFF team marketed the property on behalf of the original developer, The Padre Gardens Rancho Mission, LP. SARES REGIS MULTIFAMILY VALUE-ADD FUND II, L.P., purchased the asset free and clear of existing financing. Additionally, the HFF team worked on behalf of the new owner to secure floating-rate acquisition financing. Bella Post...
CHICAGO--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces $181.57 million in construction financing for the development of 333 North Green Street, a to-be-built, 548,932-square-foot, Class A office tower in the Fulton Market District of Chicago’s central business district. The HFF team worked on behalf of the developer, Sterling Bay and institutional investors advised by J.P. Morgan Asset Management, to secure the floating-rate construction loan through Wells Fargo. 333 North Green Street will be a 19...
DALLAS--(BUSINESS WIRE)-- HFF, Inc. (NYSE: HF) (the Company or HFF) reported today its financial and production volume results for the first quarter of 2018. Based on transaction volume, HFF is one of the leading and largest full-service commercial real estate financial intermediaries, providing commercial real estate and capital markets services to both the consumers and providers of capital in the commercial real estate sector. First Quarter 2018 Highlights Revenue was $131.6 million, a 5.2% decrease year-...
CHICAGO--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the sale and acquisition financing of Optima Chicago Center, a 325-unit, high-rise apartment community in Chicago’s Streeterville neighborhood. The HFF team marketed the property on behalf of the seller, a partnership comprising Optima, Inc., DeBartolo Development LLC and OPTrust, and procured the buyer. Additionally, the HFF team worked on behalf of the new owner to secure financing through Pacific Life Insurance Company. Optima Chicago...
NEW YORK--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the closing of a $260 million construction loan for 202 Broome Street at Essex Crossing in Manhattan. The HFF team worked on behalf of the borrower, a joint venture between Taconic Investment Partners, L+M Development Partners, BFC Partners and Goldman Sachs Urban Investment Group, to secure the 42-month construction loan through Square Mile Capital Management LLC. Essex Crossing is one of the most significant urban renewal developments ...
SAN FRANCISCO--(BUSINESS WIRE)-- HFF announces the $132.9 million financing for a three-property, Class A apartment portfolio totaling 336 units in San Mateo, California. The HFF team worked exclusively on behalf of the borrower, an affiliate of Stockbridge Capital Group, to secure the fixed-rate loan through TH Real Estate. Loan proceeds were used to retire existing construction financing. The transit-oriented portfolio is ideally situated midway between San Francisco and Silicon Valley immediately south of the Hill...
SAN FRANCISCO--(BUSINESS WIRE)-- HFF announces $145 million in construction financing for 633 Folsom, a seven-story, 171,632-square-foot office building in the SOMA submarket of San Francisco, California. The HFF team worked on behalf of the borrower, The Swig Company LLC, to secure the construction loan through a domestic bank. Loan proceeds will be used to complete a full building renovation and expansion, which will add five floors and transform the property into a 12-story, 266,053-square-foot, Class A office building. ...
DALLAS--(BUSINESS WIRE)-- HFF, Inc. (NYSE:HF) announced today it will release its first quarter 2018 financial results after the close of the New York Stock Exchange on Tuesday, April 24, 2018. Management will host a conference call to discuss results at 6:00 p.m. Eastern Time that same day, Tuesday, April 24, 2018. The dial-in numbers for the conference call are 844-420-8188 (U.S. callers) and 478-219-0768 (international callers). The conference ID is 9639736. A replay of the call will be available for one week starting at ...
CHICAGO--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the $480.65 million sale of 11 multi-housing communities totaling 3,039 units located in core markets in Minnesota, Illinois, Missouri, Texas, Maryland, North Carolina and South Carolina. The HFF team marketed the offering on behalf of KBS Legacy Partners Apartment REIT, Inc., a public, non-traded real estate investment trust (REIT) sponsored by KBS Capital Advisors LLC (the REIT’s advisor) and affiliates of Legacy Partners Residential Realty LLC. The p...
FLORHAM PARK, N.J.--(BUSINESS WIRE)-- Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of Prospect Place, a 360-unit, two-building multi-housing property in Hackensack, New Jersey. The HFF team marketed the property exclusively on behalf of seller. Kushner Companies purchased the property free and clear of existing debt. Prospect Place is located at 300 and 310 Prospect Avenue in Hackensack and offers convenient access to the New York City metropolitan area via the nearby New Jersey Transit Anderson Street sta...
SAN DIEGO--(BUSINESS WIRE)-- HFF announces the $384.86 million refinancing of Genesis North and South Towers, two office and life science buildings totaling 717,883 square feet in South San Francisco, California. The HFF team worked on behalf of the borrower, Phase 3 Real Estate Partners, Inc., to secure a $199.86 million, three-year loan through one of its life company relationship lenders for the recently completed Genesis North Tower. The team secured a $185 million, five-year, floating-rate loan through a national commerc...
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