Finance
Transactions: June 2020
A selection of noteworthy deals announced between and March 4 and April 13.
Nashville’s Dream Hotel Lands $58M Refi
The new financing package pays down a nearly $49 million loan from late 2016.
Realterm Closes Latest Fund at $370M
The company’s 10th fund will invest in high flow-through logistics properties across the U.S.
CMBS Resilience Faces a Big Test
Insights from Yardi Matrix’s Paul Fiorilla on the biggest turning point in a decade for securitization.
Denver Storage Project Receives Construction Financing
Great Western Bank originated a five-year development loan for a 73,750-square-foot property.
DivcoWest Lands $36M Refi for San Francisco Office Property
The 40,917-square-foot building is fully leased to venture capital firm Andreessen Horowitz.
CapRock Closes Second Funding Round With $180M
The firm will focus on middle-market, value-add facilities in California, Nevada and Arizona.
New Jersey Industrial Facility Scores $20M Refi
Working on behalf of Elberon Development Group, JLL arranged the 20-year, fixed-rate loan.
J.C. Penney To Shed 29% of Stores Amid Retail Reckoning
The iconic department store chain plans to slim down its footprint after filing for bankruptcy last week.
Triarch Capital Lands $35M Refi for Miami-Area Asset
The firm paid $53 million for One Turnberry Place in Aventura almost a decade ago.