Finance
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.
Tallying Up the Difference in New York
Following the Fed’s two emergency rate cuts, mortgage originations spiked. However, the impacts of the coronavirus pandemic have begun to manifest in other ways.
Major Manhattan Trophy Asset Lands Financing
Morgan Stanley and New York Community Bank provided the new loan for RXR Realty’s property, adding to $810 million in existing debt.
Cypress Equities Obtains $90M to Expand Retail Center
The company will use the construction loan to complete the 157,000-square-foot second phase of a Walmart-anchored shopping center in Linden, N.J.
Nashville Office Project Lands $141M Construction Loan
Mack Real Estate Credit Strategies provided the financing on behalf of GBT Realty Corp. and its joint venture partner.
Mapletree Investments Raises $1.8B in Equity for Latest Fund
The MUSEL Private Trust is the first U.S.-European logistics fund for the Singaporean investor and developer.
Bronx Industrial Project Gets $305M Boost
Innovo Property Group and Square Mile Capital Management will use the financing to build the largest logistics facility in New York City.
Kimco Strengthens Balance Sheet With $375M Loan
The shopping center REIT now has about $800 million in cash on hand to help get through the Covid-19 crisis.
Home of 1st New York Apple Store Gets $75M Refi
Crédit Agricole provided the financing package for Centurion Realty’s 28,000-square-foot SoHo building.