Finance
LaSalle Launches Global Navigator Fund
The firm secured $320 million in founding capital commitments for its latest fund that will focus on the U.S., Europe and Asia.
Anchor Health Buys Memphis-Area MOB Portfolio
Trumbull Laboratories anchors the two-building, 78,690-square-foot property in Germantown, Tenn.
Suburban Orlando Storage Facility Trades for $9M
Valley National Bank originated a 10-year, $8 million loan for the purchase of a 770-unit property.
Shorenstein Sells Portland Office Campus for $130M
RBC Capital Markets provided the joint venture buyer with a $100 million line of credit for the purchase.
Pandemic Accelerates, Rather Than Starts, CRE Trends
Paul Fiorilla of Yardi Matrix on key takeaways from the Urban Land Institute’s virtual conference.
Southeast Florida Storage Asset Trades for $14M
ServisFirst Bank originated a $10.3 million loan for the purchase of the 78,521-square-foot property.
Vornado Secures $500M Refi for Manhattan Tower
The financing package for PENN11 in Midtown retires a $450 million loan originated in 2013.
CSW Development Sells Austin Storage Asset
The new owner received a five-year, $9.2 million acquisition loan from Happy State Bank.
Coldwell Banker Spearheads Oregon Storage Sale
Joel Crosby assisted the seller in the 1031 exchange of a 66,900-square-foot facility in Hermiston.
JLL Brokers $32M Tampa Industrial Sale
Bret Felberg, Jeff Morris, John Dunphy and Peter Cecora assisted the seller of the 334,000-square-foot property.