Finance
JLL Income Property Trust Secures $650M Credit Facility
The REIT will use the funds to increase the size and quality of its portfolio.
JLL Income Property Trust Scores $49M for Phoenix Distribution Center
The REIT had acquired the 474,000-square-foot property for $91 million in February.
Canyon Partners Closes $650M Debt Fund
The fund targets senior and subordinate debt investments across all major property types.
Developer Lands $44M for Manhattan MOB Project
JPMorgan Chase provided financing for the 12-story development underway in Central Harlem.
Savanna Secures $264M in Financing for Brooklyn Project
The office and retail tower broke ground late last year and is being constructed to LEED Gold and Well Silver standards.
Harbert Management-Sponsored Fund Raises $521M
The final close comes courtesy of commitments from new and existing institutional investors in the U.S. and Europe.
Capital Returns to Work in Industrial and Office
There is no shortage of lenders to meet industrial borrowers’ financing needs while office deals get plenty of interest, too.
AI, Data Science and Commercial Real Estate
It’s paramount for commercial real estate to address its data capabilities to help smooth the path forward for applying artificial intelligence.
Transactions: May 2021
A coast-to-coast selection of recent noteworthy investment and finance deals.
New Forecasts and Considerations at 2021 ULI Spring Meeting
Investors are weighing a number of factors, including the type of risk their capital will assume and the convergence of yields.