Jeff Hamann
ADT Secures $19M Jacksonville Refi
Wells Fargo provided the financing package for the firm’s three office buildings on the metro’s southeastern side.
Nashville’s Dream Hotel Lands $58M Refi
The new financing package pays down a nearly $49 million loan from late 2016.
Las Vegas Amazon Fulfillment Center Sells for $110M
VanTrust Real Estate sold the metro’s largest industrial delivery of 2019 in the blockbuster deal.
Midtown Manhattan Office Tower Lands $400M Refi
A George Comfort & Sons joint venture owns the 960,000-square-foot Times Square South property.
West Las Vegas Office Building Sells for $15M
Real Estate Services Group traded the nearly 90,000-square-foot suburban asset for more than double the price it paid in 2013.
Las Vegas Stripped of Appeal as Casinos Suffer
The coronavirus pandemic led to a nearly 33 percent drop-off in transactions in the weeks following Governor Sisolak’s nonessential business closure order—though one asset class is bucking the trend.
New York Retail Mogul Stanley Chera Dies at 78
The founder of Crown Acquisitions led his firm from humble beginnings to its present-day success as one of Manhattan’s major investors.
Tallying Up the Difference in New York
Following the Fed’s two emergency rate cuts, mortgage originations spiked. However, the impacts of the coronavirus pandemic have begun to manifest in other ways.
Major Manhattan Trophy Asset Lands Financing
Morgan Stanley and New York Community Bank provided the new loan for RXR Realty’s property, adding to $810 million in existing debt.
Las Vegas Airport Warehouse Trades for $16M
Seller BKM Capital Partners provided the new owner with financing for the 17,000-square-foot industrial asset.