Finance
IQHQ Raises $1.7B for Life Science Projects
The latest round of funding will help finance 4.4 million square feet of development in Boston, San Francisco and San Diego.
NitNeil Partners Acquires Denver Storage Property
The company financed its first acquisition in the metro with a $3.3 million loan from Alpine Bank.
PGIM Provides $408M Senior Loan for Industrial Portfolio
An institutional investor is using the financing to acquire 11 properties totaling 4 million square feet.
Blackstone Gets $120M Loan for North Carolina Industrial Buy
PGIM Real Estate arranged the variable-rate loan for the 3 million-square-foot portfolio in Greensboro and Durham.
Westcore Kicks Off 722 KSF Phoenix Logistics Project
Hartford Investment Management Co. originated a $41.5 million construction loan for the industrial campus fronting Interstate 10.
Jadian Capital Exceeds $400M Target With First Fund
The alternative investment firm closed its inaugural fund with more than $650 million in commitments from a variety of investors, including state and corporate pension funds.
SL Green JV Lands $1.3B Construction Loan
In a joint venture with the National Pension Service of Korea and Hines, the company is redeveloping One Madison Avenue in New York City’s Midtown South.
Bridge Investment Pays $57M for Tampa Office Building
The purchase of the 253,922-square-foot property marks the firm’s return to the metro Tampa Bay market.
Suburban Sacramento Mixed-Use Asset Receives $19M Refi
Voya Financial originated the loan, which encumbers 189,229 square feet of retail and 1,263 self storage units.
Empire State Realty Obtains $180M Loan for NYC Tower
Estreich & Co. arranged the mortgage financing for 250 W. 57th St., a 26-story building in Midtown Manhattan.