Holliday Fenoglio Fowler, L.P., which worked on behalf of Beachwold, reports that the financing will be used to refinance existing debt on the 400-unit The Place at Alafaya in Orlando and to acquire Litchfield Place, a 76-unit development in Savannah.
New York City is the first city in the world to require all large existing buildings of 25,000 square feet or more, of which there are 50,000 citywide, to make efficiency upgrades that lower their energy usage and emissions or face steep penalties.
Millennial spending on dining out is driving rapid change in the food-and-beverage industry.
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