Finance

CRE Lending Sees Significant Drop: CBRE

Despite high-profile failures, banks continue to account for the largest share of non-agency loans.

Amazon-Anchored Bronx Facility Lands $334M Recap

Bank OZK provided a $250 million senior mortgage.

Tampa Cold Logistics site. Image courtesy of JLL

Tampa Cold Storage Project Gets $40M

Sansone Group secured a $26.6 million loan and $13 million in equity, arranged by JLL.

Avia Labs at Millbrae Station. Rendering courtesy of Longfellow Real Estate Partners

Transaction Highlights: May 2023

A coast-to-coast roundup of noteworthy office and industrial deals.

Fed Debuts 10th Rate Hike, Signals Potential Shift

The Federal Reserve will determine next steps “meeting by meeting,” Chairman Jerome Powell said on Wednesday.

Gateway Industrial Center

Innovo Completes $125M Recapitalization of Detroit Industrial Campus

A JLL Capital Markets team secured the multi-source financing for the borrower.

The Vineyards at Porter Ranch. Image courtesy of Northmarq

Suburban LA Retail Center Gets $35M Refi

A Whole Foods anchors the property.

Whitehall Tech Center

CIP Real Estate Lands $30M for Charlotte Industrial Park

Hartford Investment Management Co. provided the three-year, floating-rate loan.

Behind JPMorgan Chase’s Takeover of First Republic Bank

What the deal means for the failed bank’s commercial and residential real estate loan portfolio.

Will the Fed hit the brakes?

After This Interest Rate Hike, Will the Fed Finally Hit Pause?

The industry would welcome a break from increases, but continued patience is necessary, experts say.