Finance

U.S. Bank Tower. Image courtesy of Silverstein Properties

Transactions: November 2020

A selection of noteworthy deals announced between September 1 to 24, 2020.

CBRE Brokers $16M Colorado Industrial Sale

Mike Eyer, Mike Camp, Julius Tabert and Greg Haynes assisted the seller of the 811,817-square-foot property.

Getting Deals Done in Uncertain Times

CBRE’s Val Achtemeier and Hoffman & Associates’ Jon McAvoy talk shop at the CPE-MHN Summit.

Hines JV Gets $199M Loan for Research Triangle Project

Bank OZK originated one of the largest commercial construction mortgages in the market’s history.

Noah Miller, Gelt Financial

Flexible Solutions: Q&A With a Small Commercial Lender

Gelt Financial Vice President Noah Miller on adjusting product offerings based on new market needs.

CMBS Delinquencies Decline As Forbearance Increases: Trepp

The decreasing overall national rate follows significant spikes in May and June.

CBL & Associates, PREIT Bankruptcies Show Coronavirus Toll

The retail property owners have filed for Chapter 11 protection after rent collections suffered during the pandemic.

Alliant Credit Union Provides $30M in Loans for Storage Portfolios

The company originated three senior notes for three separate portfolios in Michigan and South Carolina.

LDK Ventures Acquires 350 KSF Boise Warehouse

PCCP LLC provided a $19.4 million financing package for the acquisition, remodeling and lease-up of the vacant facility.

New York Life Real Estate Investors Closes Fund at $500M

The debt vehicle is expected to originate almost $1 billion in senior bridge financing.