A joint venture between funds controlled by Oaktree Capital Management and affiliates of Woodridge Capital Partners has acquired the InterContinental Mark Hopkins San Francisco hotel for $120 million. Seller InterContinental Hotels Group will retain management of the 383-room luxury property. Read American City Business Journals/San Francisco/Morning Call story here
Skanska completes Portsmouth Marine Terminal offshore wind upgrade
Skanska has completed the redevelopment project for the Virginia Port Authority, upgrading 72 acres of Portsmouth Marine Terminal (PMT) and 1,500 feet of wharf that now serves as an offshore wind staging
