Finance
Real Capital Solutions Acquires FL Space Coast Office
AIG sold the 150,000-square-foot asset for more than $13 million. The buyer financed the acquisition with a five-year, $14.4 million loan.
Capital One Arranges $58M Refi for MOB Portfolio in Houston
The portfolio includes a 126,000-square-foot, four-story orthopedic and spine surgery hospital and an adjacent 102,000-square-foot, two-story medical office building.
GLP Closes $4B in European Funds
The platform encompasses a 17 million-square-foot operational portfolio and a 16 million-square-foot development pipeline in the UK, France, Germany and the Netherlands.
ENGIE North America Closes Financing for 200MW TX Wind Project
Bank of America Merrill Lynch, Rabobank, BofAML Global Commodities and ENGIE Energy Marketing NA Inc. were involved in the deal.
Lengthy Bull Run Benefits Fringe Markets: Berkadia
This podcast interview with the firm’s Executive Vice President & Head of Production Ernest Katai includes an analysis of U.S. debt and equity trends, late-cycle investment opportunities and risks that the company is monitoring.
Ellis Partners Trades $45M CA Office Campus
The two buildings, located 20 miles northeast of Sacramento, contain approximately 185,000 square feet of Class A space. The properties last traded in late 2012.
ARTIC Refinances 3 Luxury Hotels for $503M
The Qatari investor engaged HFF to source separate loans for the properties in New York, Miami and Washington, D.C. Mack Real Estate Credit Strategies was the lender on each deal.
Cardinal Point Soars Into South FL
CalSTRS traded the Class A, LEED Silver office building for nearly $50 million. The buyer plans to renovate the asset, which was built in 1983.
Global Guide to REIT Investing
Stuart Eisenberg, assurance partner and leader of BDO’s Real Estate & Construction practice, delves into the diverse rules, regulations and nuances of investing abroad.
JV Lands $29M Construction Loan for Fort Lauderdale Hilton
Mission Capital Advisors arranged the financing on behalf of Merrimac Ventures and Driftwood Acquisitions and Development, to begin building a dual-brand, 218-key project.