Finance
Lincoln Property JV Sells Converted Brooklyn Asset for $44M
The buyer of the 125,000-square-foot office building assumed the outstanding balance of a mortgage from LoanCore.
Phoenix Spec Office Project Lands $74M in Financing
The 300,000-square-foot development, slated for completion in late 2021, is part of Douglas Allred Co.’s 200-acre Park Place campus.
Rockpoint Group Raises $5.8B in Opportunistic Funds
Rockpoint Real Estate Fund VI and Rockpoint Growth and Income Real Estate Fund III completed their final closes, with contributions from investors of $3.8 billion and $2 billion, respectively.
Nashville’s Parke West Scores $87M Project Loan
GBT Realty and Chartwell Hospitality plan to build two towers with 210 multifamily units, retail space and two hotels.
Hines JV Closes $182M Refi in Orange County
JLL Capital Markets orchestrated an interest-only loan through MetLife Investment Management for the Intersect office campus in Irvine, Calif.
Austin Office Project Lands $27M Construction Loan
Bank OZK provided the funds for the development of a five-story, 91,600-square-foot office building.
DivcoWest JV Lands $34M for San Francisco Project
The four-story, 44,605-square-foot office building is slated for completion in 2022.
CRE Advisory in the Time of COVID-19: Q&A
RCLCO’s Gadi Kaufmann and Taylor Mammen discuss how they are steering clients through today’s murky investment and development scenes.
DLA Piper Leads Acquisition and Financing of a New York MHC Portfolio
The buyer, Green Courte Partners, announced upgrades and new amenities for all four communities.
Rockefeller JV Lands $24M for Inland Empire Project
City National Bank provided the funds for the 300,00-square-foot industrial development, set to deliver early next year.