Finance
Morgan Buys DC Portfolio for $509M
The company’s purchase of the Mark Center portfolio, consisting of nearly 2,700 apartment units and a 63,000-square-foot retail center, is one of the largest transactions in Virginia.
Capital One Shells Out $46M for Office Campus Acquisition
Earlier this year, U.K.-based AstraZeneca sold its U.S. headquarters in New Castle County to an affiliate of Delle Donne & Associates in a deal valued at $50 million, or $48.47 per square foot.
LA-Area MOB Lands $51M Refi
Capital One secured the loan on behalf of TriStar Realty Group. The 120,000-square-foot asset is the first new medical office building to open in the area within the last 20 years.
Small Balance Loans to Hit High Marks in 2017
John Caulfield, COO of Arbor Realty Trust, the first lender to reach $2 billion in Freddie Mac Small Balance loans, discussed why this financing sector is expected to grow even further.
Phoenix Investors Expands WI Industrial Footprint
The Milwaukee-based commercial real estate company added two new assets to its portfolio as Wisconsin Bank and Trust originated the senior mortgage financing.
Pair of DC Office Buildings Receive $165M Financing
KeyBank Real Estate Capital has secured a seven-year loan for two refurbished Class A office assets in Washington, D.C.
TREIS Closes Sale of Tampa Retail Assets
Tiktin Real Estate Investment Services President Adam Tiktin represented the seller in the transaction, while U.S. Bank originated the acquisition financing to facilitate the deal.
WeWork Scores $4.4B Investment
SoftBank Group and the SoftBank Vision Fund will purchase new shares in the collaborative workspace company, while also financing its growth in China, Japan, Southeast Asia and Korea.
UC Funds Launches New Product
In a constrained lending environment, non-traditional lenders are offering increased flexibility. Daniel Palmier, president & CEO of UC Funds, explains what factors sponsors should consider when looking for a financing partner.
ENGIE Enters Mongolia with 55MW Wind Farm
The Sainshand wind farm will be located in the Gobi Desert and will generate enough green energy to serve the needs of 130,000 Mongolians.