Finance
MOB Trades for $10M in Alabama
Grandbridge Real Estate Capital originated an $8 million, 10-year acquisition loan for the new owner.
CrossHarbor Sells Boston-Area Office Asset
A local investor has purchased the majority interest in the two-building office property.
Nashville MOB Lands Refi Package
CIT Bank provided the $7.6 million mortgage for the nearly 40,000-square-foot property, retiring a previous $7 million loan from Capital One.
Trinity, Broadmark Announce $1.2B Merger
Trinity will acquire Broadmark Capital to create a new commercial mortgage REIT with a value of $1.5 billion.
CLOSED: 2019 Executive of the Year Awards Nominations
Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input! The deadline to submit is September 6!
Amazon’s Nashville Operations Center Scores $176M Construction Loan
U.S. Bank originated the financing for the development of the 20-story, 566,000-square-foot Class A office tower and its accompanying parking structure.
Welcome Gets $200M Credit Facility for Texas Portfolio
The seven-year financing involves 18 fully leased, single-tenant industrial properties, more than two-thirds of them located in metro Houston.
Miami Office Project Secures $300M Loan
JLL Capital Markets worked on behalf of developers OKO Group and Cain International. Named 830 Brickell, the project is slated for a 2022 completion.
Pillar Commercial Expands Dallas Portfolio
A CBRE team represented the sellers, while the debt team arranged a $26.3 million acquisition loan from the Bank of Texas for the buyer.
NorthMarq Secures Financing for St. Louis Mixed-Use Buy
The team of Senior Vice President Jeff Chaney and Vice President Dan Baker facilitated the transaction through StanCorp Financial Group.