Finance

Tucson Office Asset Scores Refi

First Fidelity Bank provided the five-year, fixed-rate loan.

Poll: CRE’s Biggest Challenges in 2023

Capital market volatility topped the concerns in this month’s survey.

Mattone Investors Lands $80M for Long Island Retail Center

Northmarq arranged the fixed-rate loan with a regional bank.

Sluggish Sales and Refinancings Cast Doubt Over Property Values

Mortgage bankers await rate stability so deals can start flowing again.

Transaction Highlights: January 2023

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

Construction cranes. Image by analogicus via Pixabay

Development Financing Slowdown Is Real

With investors and lenders becoming more cautious, developers are feeling the pinch.

3201 Cuthbert St.

Gattuso Lands $290M for Philadelphia’s Largest Life Science Project

Scheduled for completion in early 2025, the development is worth more than $400 million.

Convexity Properties Lands $125M Loan for Nashville Mixed-Use

5 City Blvd is part of a master-planned development.

Maxxam Enterprises Gets $85M Loan for Los Angeles Retail Center

JLL secured the financing from TerraCotta Credit Fund LP.

San Diego Life Science Project Lands $203M

Longfellow Real Estate Partners plans to complete the campus in 2024.