Finance
Executive Q&A: Fed Policies to Push Cycle Further
Penn Mutual Asset Management CIO Mark Heppenstall provides insights into the effects of the recent twist in Fed policies and the return of high-quality bonds.
Wheelock Street Capital Pays $112M for Nashville Office
SunTrust Bank provided the buyer of the recently renovated, nearly 436,000-square-foot Class A high-rise with roughly $72 million in acquisition financing.
Nashville High-Rise Development Secures $280M Loan
A joint venture between AECOM Capital and The Congress Group plans to construct a 40-story tower that will include a 232-key luxury hotel and condominiums.
Metro DC Hotel Receives $26M Refi
HFF arranged the loan for the 316-key Hyatt Regency Fairfax, which is part of the 650-acre Fair Lakes master-planned community.
CBRE Arranges Sale, Financing for FL Retail Center
The Debt & Structured Finance team arranged a $16 million loan on behalf of the buyer of Wellington Green Square, a 90,658-square-foot property anchored by The Fresh Market.
FCP, Fairfield Properties Acquire NY Lone Star Portfolio
The joint venture paid $472.5 million for the seven properties, which encompass 1,496 apartment units. FCP provided $100 million in preferred equity investment toward the acquisition.
NJ Logistics Properties Land $52M Financing
The loan comprises a senior mortgage and a line of credit, which will pay off existing debt and facilitate the acquisition of equipment and the construction of an additional warehouse.
Finding Tax Savings in Free-Trade Zones
The FTZ Act prohibits state and local taxes on tangible personal property. Here’s what you should know about the potential for reducing your tax bill. .
The Rise of Debt Funds
The number of debt funds and non-traditional lending sources has grown throughout this cycle. Is that a reflection of temporary market forces or have they become a permanently larger part of the commercial mortgage landscape?
Downtown Brooklyn Office Gets $152M Refi
PCCP LLC has funded a senior loan for the recapitalization of a vintage Class A creative office property. The funding will also assist the owners with lease-up efforts.