The Boston and Dallas offices of HFF (Holliday Fenoglio Fowler, L.P.) announced that they arranged a $90 million construction loan for the development of Archstone Avenir, a 241-unit multifamily community in Boston, Massachusetts. HFF executive managing director Jody Thornton, director Anthony Cutone and associate director John Ahmed worked exclusively on behalf of Archstone to secure the 36-month construction loan through NEBF Investments (National...
The Los Angeles River Revitalization Master Plan aims to transform 32 miles of concrete-lined River into public green space in the heart of one of America’s most populated cities. Key civic leaders joined forces to fund a visionary and technical look at changing the river into a new amenity, a source of socio-economic revitalization and a crucial step in the re-greening the City of Sprawl. The master plan is the result of a comprehensive analysis...
The project is a cave for contemporary art, located on a site in Napa Valley that includes an active vineyard, an 1870 farmhouse, and a collection of outdoor artworks. The clients have an extensive collection of contemporary art. Many works are large in scale or otherwise best experienced in an environment more appropriate than the existing traditional interior. The aim of the project was to add a 6,000 square foot controlled environment to house...
Younan Hospitality Group announced today that it has successfully defended itself and won on all claims against Falcon Physician Reviews, which filed a lawsuit against Younan Hospitality Group. The suit, filed in the 160th Judicial Court of Dallas County, erroneously claimed that Falcon’s business was interrupted when Falcon breached its contracts with Younan at its Holiday Inn Select in North Dallas. In fact, a Dallas County jury unanimously concluded...
A 313,367-square-foot, multi-tenant business park that straddles the county line between Los Angeles and San Bernardino counties in Upland, Calif., has been acquired for $39.9 million by Koll/PER, a limited liability company owned by The Koll Company, the Newport Beach, Calif.-based real estate acquisition, development and management firm, and the Public Employee Retirement System of Idaho (PERSI). Consisting of 17 single-story industrial, office...
Chino Hills’ first permanent Government Center is under construction at City Center Drive in Chino Hills. The $91 million project includes a new city hall, library, police station and fire administration headquarters as well as a parking structure with subterranean and four stories of above ground parking. T.B. Penick, one of Southern California’s largest and most trusted contractors, was selected to do the structural concrete work for the Chino...