Finance
KeyBank Arranges $13M Loan for Self-Storage Portfolio in CO, MI
The portfolio includes three Mini U Storage assets, totaling 185,172 square feet, located in Denver, Livonia, Mich. and Highlands Ranch, Colo.
JLL Arranges $65M Construction Loan for Houston Logistics Center
The industrial multimodal development will be built in phases, the first one consisting of four buildings totaling 993,669 square feet on a 100-acre site.
NY MOB Lands $17M Loan
The long-term FHA loan represents a permanent exit from a bridge loan that Greystone provided in 2015 for VestraCare’s acquisition of the skilled nursing facility.
Office-Industrial AZ Portfolio Lands $86M
Working on behalf of Globe Corp., Walker & Dunlop structured three long-term, fixed-rate loans for four properties in Phoenix, Scottsdale and Tempe, Ariz.
Capital One Secures $44M Loan for NC MOB Portfolio
The borrower is a partnership between Heitman—a global real estate investment management firm—and Montecito Medical, a privately-held real estate company.
HSF Closes $55M Construction Loan for New CA Hyatt
The 150-key property is scheduled to open in early 2019 and will feature a full-service spa and fitness center along with 30,000 square feet of retail.
NJ Office Building Receives $26M Financing
Cushman & Wakefield arranged the loan for Hudson Equities Management’s recent acquisition of an office building in Woodcliff Lake, N.J. The asset is set to undergo multimillion-dollar renovations.
Aztec Group Secures Financing for 67 KSF Retail Center
The company arranged $6.7 million in financing for a shopping center located in the suburbs of Tampa. BankUnited provided the loan, with a 70 percent loan-to-value ratio.
CH2M Center Lands Hefty Recapitalization
The 10-story office tower offers a mix of traditional and creative space, with views of downtown Portland. The building is 87 percent leased to nine tenants.
Santa Clarita Mixed-Use Lands $21M
Buchanan Street Partners provided the construction loan for Newhall Crossings, a mixed-use project featuring 47 apartment units and 20,167 square feet of retail space.