Finance
Creditor Takes Hit on Office-Backed CMBS Debt
When an underlying loan for a 20-building campus was sold at discount, the riskiest portion was wiped out.
Blackstone Lands $850M for Manhattan Asset Stake
A JPMorgan Chase unit previously owned the 49 percent interest.
Invesco Lands $60M for Amazon Facility
The firm paid $80 million for this Inland Empire asset back in 2018.
Total Commercial Real Estate Borrowing and Lending Increased in 2024
The total volume grew by 16 percent from the previous year.
Blue Owl JV Lands $7.1B for Data Center Project
A consortium led by JP Morgan provided the financing.
Miller Neff Lands $31M for Oklahoma City MOB
The medical facility came online in 2015.
McCraney Lands $84M for 1 MSF Campus
The three buildings are part of a 4.4 million-square-foot project.
Carr Properties JV Lands $650M for Boston Office Tower
This property comprises 1 million square feet.
Blue Owl Closes $7B Data Center Fund
Commitments exceeded the original target of $4 billion.