Finance

RFR Realty Scores $224M for Midtown Manhattan Buy

Column Financial provided financing for the office building occupied by Morgan Stanley.

CMBS Delinquency Rate Declines Again, Trepp Finds

The Trepp CMBS delinquency rate for August dropped to 9.08 percent from 9.6 percent in July.

Construction Financing and the COVID-19 Challenge

Project sponsors should expect tighter underwriting, higher cost of capital and more limited options.

220 E. 42nd St. Image via Google Street View

Transactions: September 2020

A selection of noteworthy deals announced between and March 10 and July 15.

For Lenders, Real-Time Analysis Mandates Caution: Q&A

Tauro Capital Advisors Senior Director Anthony Johnston on how lenders’ approaches to evaluating potential deals have shifted.

CIM Group Provides $190M Refi for Dallas Offices

Cushman & Wakefield was the exclusive advisor to Taconic Capital Advisors, which received the loan for its International Plaza I & II.

Rizk Ventures Launches Self Storage Platform

SpareBox Storage has made its first purchase and secured an acquisition facility of as much as $500 million through JPMorgan Chase Bank.

JLL Arranges Sale, Loan for Phoenix Industrial Asset

Brian Ackerman brokered the deal on behalf of the buyer, Arizona Custom Blends, while Carl Beardsley facilitated the acquisition financing.

Austin, Dallas Storage Assets Receive $13M in Refis

Talonvest assisted the borrower in securing two non-recourse, fixed-rate notes from Oxford Life Insurance.

Goldman Sachs Invests in Last-Mile Specialist

Elion Partners is the recipient of a strategic investment from the firm’s Vintage Real Estate Partners II fund for a vehicle that largely focuses on logistics assets.