Finance
Mag Mile Capital Arranges Loan for Michigan Hotel Portfolio
Senior Vice President Francisco Nacorda completed the $23.7 million loan on behalf of the borrower, Stellar Hospitality.
Seattle Self Storage Asset Scores $14M Refi
Talonvest Capital Inc. secured a 10-year CMBS loan for the 851-unit facility.
Q&A: How Low Interest Rates Are Bolstering CRE Loans
Jonathan Roth, Justin Kennedy and Toby Cobb of 3650 REIT discuss the industry’s current direction and what to expect going forward.
PAG Investments Lands $31M Bridge Loan for New Jersey Deal
JLL secured the three-year, floating-rate financing for the acquisition and renovation of an office property in Parsippany.
RMR Group Sells Connecticut Office Building
NorthMarq secured a $7.2 million bridge loan on behalf of the buyer.
Aztec Group Secures Refi for Miami Retail Asset
Howard Taft, Charles Penan and Joel Zusman negotiated the deal on behalf of the owner.
Blackstone Leads $300M Recap of NYC Mixed-Use Asset
The funding advances Salmar Properties’ strategy of transforming a 100-year-old Brooklyn warehouse into a 21st-century mixed-use project.
Walker & Dunlop Acquires Ohio Finance Firm
The addition of MSF Real Estate Capital extends the company’s nationwide growth campaign.
CPE Announces the 2019 Executives of the Year
Now in its 23rd year, the CPE Executive of the Year Awards program is adjudicated by a peer vote among leading executives from across the commercial real estate industry and based on accomplishments in the past year. Here’s what made the winners stand out.
Thor Equities JV Signs 205 KSF Tenant at Chicago Project
The partners broke ground on the 466,500-square-foot tower in November, with nearly $144 million in financing from The Bank of Nova Scotia.