Finance
New Jersey Industrial Park Lands $104M in Construction Loans
Cushman & Wakefield arranged the funding for Advance Realty Investors and Greek Development, which are planning a 3.2 million-square-foot project in metro Philadelphia.
The Partnership for Small Business Relief Proposes Enhanced SBA 504 Loan Program
Liberty SFP’s Alex Cohen on a plan to bring much-needed financial support by fine-tuning the SBA 504 program.
Walker & Dunlop Arranges $16M Loan for Flex Asset
Director Jacob Cohen assisted the borrower in obtaining the financing from Alliant Credit Union in Jacksonville, Fla.
1031 Exchange FAQ
CPE answers essential questions on Section 1031 of the U.S. tax code and what it can mean for your real estate portfolio.
Walker & Dunlop Arranges $52M Refi for Chicago-Area MHCs
Managing Director Stuart Wernick and Director Matt Newton arranged the Freddie Mac loan for the three communities.
First Industrial Realty Closes $200M Refi of Unsecured Term Loan
The refinancing, scheduled to mature in late January, would give the company financial flexibility during the COVID-19 crisis.
Blackstone’s Secondary Fund Raises $1.9B
Strategic Partners, the investment giant’s secondary and fund solutions business, completed the final close for Strategic Partners Real Estate VII.
Construction Completed on Phoenix-Area MOB
MedProperties Group took out nearly $14 million to finance the development of the 58,600-square-foot asset in Gilbert, Ariz.
CMBS 2.0 Hotel, Retail Loans Spur Rise in Delinquencies
Yardi Matrix’s Paul Fiorilla sizes up the spike in delinquencies in the new generation of CMBS.
Hanley Investment Brokers Indianapolis Mixed-Use Asset Sale
Vice President Corey Olson and Senior Associate Dylan Mallory represented the seller in the disposition of the 36,000-square-foot Bonn Building.