Finance
Pine Gate Starts Work on 101MW Solar Project in SC
The development, which marks the company’s 13th project in the state, is spread across 651 acres, making it one of South Carolina’s largest solar sites.
San Francisco’s One Montgomery Terrace Sells for $82M
CBRE arranged the sale of the historic office building in the city’s North Financial District. The firm also secured $76.6 million in acquisition financing.
Longroad Energy Begins Construction on 243MW Wind Farm
El Campo is one of the largest investments ever made in Knox County, with the total cost of the project estimated at $335 million.
What to Expect From Deutsche Bank’s Reorganization
As an overhaul gets under way at the financial services giant, capital markets insiders size up what’s ahead for the company’s commercial real estate lending.
Converted Brooklyn Creative Office Receives $205M Refi
Newmark Knight Frank arranged the floating-rate loan for the refinancing of the historic—and recently repositioned—building on the East River in DUMBO.
Whitman Family Lands $550M Financing for Miami Retail Project
HFF has arranged the loans through MetLife Investment Management. The funds will be used to expand the 463,100-square-foot Bal Harbour Shops luxury property.
Portland Mixed-Use Project Moves Ahead With $460M Loan
George Smith Partners secured the financing for BPM Real Estate Group from an affiliate of Mosaic Real Estate Investors. The 35-story development will bring a five-star hotel, office, residential and retail space.
Chinese Coworking Giant Seeks US IPO
Beijing-based UCommune is reportedly aiming to raise as much as $200 million through the offering, as China’s flexible office sector shows signs of overheating.
Denver-Area Hotel/Convention Center Lands $800M Refi
The loan package covers a potential expansion of the $795 million Gaylord Rockies Resort & Convention Center in Aurora, Colo., which opened in December 2018.
Q&A: JLL’s Ulbrich on HFF Buy and Beyond
Christian Ulbrich sets the stage for JLL after its acquisition of HFF and shares his expectations for the capital markets in the context of a possible economic slowdown.