Finance
StorageMart Acquires 2 Facilities in Kansas City
At the time of sale, the buyer received a $16.7 million loan from First National Bank of Omaha.
Manhattan Office Building Lands $100M Refi
PGIM Real Estate provided the 15-year financing to Jack Resnick & Sons and its joint venture partner, The Ruben Cos.
Anchor Health JV Buys South Carolina MOB
First Horizon Bank provided more than $13 million in acquisition financing for the 60,600-square-foot property in Greenville.
CBRE Closes Miami-Area Retail Asset Refi
Senior Vice President Paul Ahmed and Financial Analyst Mackenzie Fry represented the owner, Triarch Capital Group.
Ryan Cos. Takes $63M Jacksonville Project Loan
The Wells Fargo financing will fund the development of JEA’s 162,000-square-foot downtown headquarters.
GREEN Act Advances in Congress
The bill includes support for renewable energy industries as part of the next pandemic relief package.
How Job Losses Impact Manufactured Home Production
An expected slowdown in shipments in several states across the country may affect the sector’s dynamics and deepen the affordable housing crisis.
CMBS Delinquencies Multiply, Report KBRA and Trepp
Two new reports from companies tracking the CMBS sector indicate that delinquencies are rising sharply and that the numbers will likely worsen in July.
XPO Logistics Sells Nashville Shipping Terminal
The buyer of the nearly 100,000-square-foot property financed the acquisition with a $14.6 million loan from Traditional Bank.
Bellwether Arranges $294M in Financing for Nationwide MHC Portfolio
Senior Vice President MJ Vukovich and Assistant Vice President Ghazy Grijalva arranged the five Fannie Mae loans.