Finance
NorthMarq Arranges Refi for Omaha Office Property
West Dodge Hills is a Class A office building that offers underground parking, a health club and workout center.
TA Realty Closes $1.2B Fund
Realty Associates Fund XII attracted a diverse group seeking to invest in a range of value-add property types in leading markets across the U.S.
Terra Group Lands $45M Refi for South Florida Retail Center
The 150,000-square-foot property is the second phase of the 47-acre Pines City Center in Pembroke Pines, Fla., a mixed-use and lifestyle venue that also includes luxury apartments.
Denver-Area Office Portfolio Gets $70M Refi
JLL Capital Markets secured a five-year, non-recourse loan from a national bank.
As Unemployment Mounts, GDP Forecast Takes Big Drop
An update on how the pandemic is affecting the job market, oil prices, manufacturing and other aspects of the economy.
HREC Closes Savannah Hotel Sale
The 156-key Fairfield Inn & Suites Savannah Midtown changed hands for $23 million.
Simon Property Boosts Credit Revolver to $6B
The company’s move comes in the context of a very active first quarter for both acquisitions and development.
CIT Bank, BlackRock Originate $163M Loan Package for Industrial Portfolio
The Arden Group used the financing to assemble a 2.1 million-square-foot, 12-property portfolio across multiple states.
Fed Slashes Rates Again as Coronavirus Pressure Mounts
The central bank is set to keep rates close to zero until the economy shakes off the effects of the outbreak.
Miami Self Storage Portfolio Commands $44M Refi
Värde Partners provided the note for the three facilities, while Newmark Knight Frank represented the borrower.