Finance
How the Coronavirus Relief Bill Helps Hotels
The hospitality sector will have access to various initiatives designed to ease the blow of COVID-19, according to Marcus & Millichap.
Q&A: Who’s Lending and Who Isn’t?
While the rules of engagement have changed, it is still possible to borrow money today, according to Eli Weisblum of Ariel Property Advisors.
Marriott Secures $1.5B Revolving Credit Facility
The hotel giant expects the new financing to help with liquidity as it grapples with closed hotels and declining RevPAR and occupancy rates.
Spirit Realty Capital Closes on $100M Loan
The REIT completed the incremental financing under the accordion feature of its recently announced $200 million unsecured term loan facility.
Jacksonville Office Asset Lands $20M Refi
JLL Capital Markets arranged the floating-rate bridge loan for the company’s One Deerwood office building in the city’s Butler/Baymeadows submarket.
The Debt, the Deficit and Commercial Real Estate
Concerns about the federal debt are taking a back seat in the COVID-19 crisis. Paul Fiorilla of Yardi Matrix offers a deep dive into the implications for commercial real estate finance.
LaSalle Investment Closes $681M China Logistics Fund
The closing marks the company’s first logistics vehicle in China.
Realterm Closes $109M European Logistics Fund
The Realterm Europe Logistics Fund, the firm’s first value-add fund in Europe, has acquired a 107,600-square-foot logistics facility in Brussels, Belgium.
Talonvest Arranges $56M in Loans for Self Storage Assets
The company brokered funds for 1784 Capital Holdings, Strategic Storage Trust IV and The William Warren Group.
Blackstone Closes $10.7B European Fund
The total capital commitment for Blackstone Real Estate Partners Europe VI marks the largest-ever dedicated European real estate fund.