Finance
Angelo Gordon, Onyx Score $94M for New York Industrial Park
The partnership acquired Bradley Corporate Park in May. The Rockland County deal was reported to have been the county’s largest CRE acquisition since 2016.
Q&A: The Key to Competitive Financing for Retail
Mitch Paskover, president of Continental Partners, delves into the extra demands that investors in this fast-changing sector face when they seek debt and equity partners.
Nakash JV Buys Nashville Hotel for $102M
The buyer of the 207-key Hampton Inn & Suites financed the acquisition with three loans.
Tenants That Answer Retail Owners’ Prayers
Religious organizations can be promising candidates to backfill big-box spaces, and financial institutions are fueling this trend, reports Centennial Bank’s David Druey.
CRE Lending Picks Up Speed
A midyear update on financing trends from CBRE Capital Markets. Brian Stoffers, global president of debt and structured finance, weighs in.
Talonvest Arranges $15M Acquisition Loan
The company secured the financing on behalf of GoodFriend Self Storage, which added a 79,000-square-foot storage facility in Cutchogue, N.Y., to its portfolio.
Trammell Crow to Develop 700 KSF Baltimore Distribution Facility
Along with partner Diamond Realty Investments, the developer secured construction financing for the project. North East Commons, located in a Maryland Enterprise Zone, will be eligible for tax credits.
Metro Miami Office Tower Sells for $19M
The Capstone Group acquired the 11-story, Class A building in West Palm Beach, Fla. Cushman & Wakefield assisted the seller and procured the financing for the buyer.
Federal Reserve Cuts Rates for 1st Time Since Recession
The quarter-point decrease is an attempt to boost lagging growth. Will it help or harm commercial real estate?
Global Mutual Buys Triangle Office Park for $81M
BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.