Business Specialties

Mirae Asset Global Investments Closes $69M Refi

JLL Capital Markets arranged the loan for a 12-story office building in downtown Washington, D.C.

Manhattan Coworking Building Changes Hands

As part of the deal, the buyer assumed a $35 million loan Arbor Realty Trust had provided in 2018.

Renewables Industry Eyes Majority Rule

National wind, solar, hydropower and storage associations embark on a transformation of power generation over the next decade.

How Energy Storage is Navigating the Pandemic

Despite widespread disruptions, postponement rather than cancellation will be the outcome for the majority of interrupted projects.

Smart Upgrade Powers Capital Savings

At MetLife’s District Center in Washington, D.C., a multi-pronged approach has cut operating costs and transformed the 22-year-old office property into a strategic asset.

Metro Commercial Properties Lands $7.4M Refi for Suburban Houston Asset

The two-story, 63,373-square-foot office property is located in the northern suburb of Spring.

Lincoln Property JV Sells Converted Brooklyn Asset for $44M

The buyer of the 125,000-square-foot office building assumed the outstanding balance of a mortgage from LoanCore.

Phoenix Spec Office Project Lands $74M in Financing

The 300,000-square-foot development, slated for completion in late 2021, is part of Douglas Allred Co.’s 200-acre Park Place campus.

Rockpoint Group Raises $5.8B in Opportunistic Funds

Rockpoint Real Estate Fund VI and Rockpoint Growth and Income Real Estate Fund III completed their final closes, with contributions from investors of $3.8 billion and $2 billion, respectively.

McDonald Development Sells Orlando Industrial Asset

Cushman & Wakefield arranged the $26.4 million sale of Sand Lake Commerce Center, a two-building Class A property near Orlando International Airport.