Finance
TradeLane, Phelan JV Lands Financing for 257 KSF Development
Rittiman Crossroads will come online next year.
ACORE Capital Closes $1.4B CRE Debt Fund
The debt manager is eyeing opportunities created by reduced lending from other capital sources.
Vantage Lands $3B Green Loan for North American Expansion
This brings the data center developer’s 2024 funding to $10 billion.
Seagis Secures $81M Refi for New Jersey Warehouse
JLL Capital Markets arranged a loan for the fully leased property.
Tristar Realty Secures $50M for Los Angeles MOB
First Citizens Bank originated the loan.
Capital Ideas: Why REITs Can Wait for Rate Cuts
These publicly listed real estate companies aren’t worried that the Fed wants to extend its holding pattern.
Pacific Elm, KDC Land $290M for Dallas Office Project
A major financial services company has preleased nearly half of the building’s space.
Rockefeller Group, PCCP Secure $100M for Logistics Center
A life company provided the financing for this Philadelphia project.
DataBank Launches $725M Credit Facility for Expansion
An unprecedented AI-driven demand for data centers is behind this strategy.
Creation, J.P. Morgan Land $64M for New Jersey Industrial Project
PCCP LLC provided the floating-rate financing.