Finance
Rockpoint Group, Industry Veteran Form Industrial Partnership
The firm is joining forces with Benjamin Harris, formerly CEO of Blackstone’s Link Logistics Real Estate, to invest in assets in high barrier-to-entry locations across the U.S.
Portland’s Historic Bank Block Obtains $51M Refi
With the assistance of CBRE, an entity owned by Westport Capital Partners has refinanced the creative office property in the heart of the city’s tech hub.
Velocity Financial Lands $375M in New Funding
The financing consists of a $175 million term loan and a $200 million warehouse facility.
HIG Realty Closes $98M West Dallas Redevelopment Loan
J. Small Investments acquired Pegasus Park from Exxon Mobil in 2015 with plans to develop an innovation hub.
STAG Industrial Boosts Credit Facility Capacity by $250M
The REIT, which specializes in single-tenant industrial properties, also refinanced a $300 million unsecured term loan.
San Diego Creative Office Asset Lands $121M Refi
The bridge loan on the printing press-turned-office campus retires $110 million in debt.
CRE Foreign Investment Update
Cross-border commercial real estate investors in the U.S. are getting more selective amid a decline in commercial real estate deal activity.
MBA CREF21: Highlights from Day 1
Property types and policy issues were all on the table at the Mortgage Bankers Association’s 2021 Commercial Real Estate Finance Conference.
LCN Closes Latest Sale-Leaseback Funds at $1.3B
The North American and European equity commitments are the company’s largest yet.
Jay Sugarman on Reinventing the Ground-Lease Business
iStar and Safehold Chairman & CEO Jay Sugarman on how the modern ground lease can serve as a great way to access low-cost, long-term capital.