Finance
Miami-Area Office Building Lands $38M Refi
New York Life Real Estate Investors provided the loan for Encore Capital Management’s property within the mixed-use Plantation Walk development near Fort Lauderdale, Fla.
Gantry Arranges $13M Los Angeles-Area Office Refi
Principals Adam Parker and Andy Bratt, along with Senior Associate Chad Metzger, secured the loan through First Bank.
Silicon Valley Office Asset Obtains $155M Refi
Sansome Partners and Hunter Properties have secured CMBS debt for the second phase of the 1.7 million-square-foot Coleman Highline development that is fully occupied by streaming platform Roku.
Angelo Gordon Lands $49M Refi for Denver Office Tower
With the assistance of CBRE’s Capital Markets division, the firm obtained a loan for its 17-story Stanford Place III building.
Vertical Ventures Buys San Jose Office Campus for $46M
NorthMarq has arranged bridge financing for the company’s purchase of Sycamore Technology Park in Milpitas, Calif.
Portland’s Historic American Bank Building Lands Refi
With the assistance of JLL Capital Markets, Lionstone Investments and ScanlanKemperBard secured a loan from CIBC, paving the way for the expansion and stabilization of the creative office building.
Washington Prime Group Secures Amendments to Its Credit Facilities
Pressed like its retail sector peers by COVID-19 fallout, the company arranged covenant relief through the third quarter of next year.
Gantry Secures $11M Refi for Bay Area Office Building
Principals Robert Slatt and Jeff Wilcox, along with Senior Associate Charlie Kokernak secured the 10-year loan.
How Will Crowdfunding Weather the Market Slump?
As he anticipates a flood of crowdfunded opportunistic commercial real estate deals, GowerCrowd Founder Adam Gower discusses the impact of COVID-19 on the business.
CBRE Arranges $27M Refi for Los Angeles Assets
Vectra Management Group is the sponsor of the two office properties, which total 70,740 square feet.