Finance

701 Brickell. Image courtesy of JLL Capital Market

Transactions: December 2024

A coast-to-coast roundup of noteworthy office and industrial deals.

Wynwood Walk is a neighborhood retail center in Miami

Thor Equities Secures Loan for Miami Retail Center

ACRES Capital provided the financing.

Commercial mortgage delinquency rates in Q3 2024

Commercial Mortgage Delinquency Rates Increased in Q3

Delinquency rates for mortgages backed by office properties continued to increase during the third quarter, according to MBA. Read the report

stores at Woodland Mall

PREIT Gets $80M for Michigan Shopping Mall

Starwood Capital provided the refinancing.

Aerial shot of Gateway Center, a 272,300-square-foot regional shopping center in West Bloomfield, Mich.

CFM Properties Lands $39M for Detroit-Area Retail Center

Citibank and Red Oak Capital Holdings provided the financing.

535 Dowd Ave. in Elizabeth, N.J., is part of Seagis Property Group’s portfolio

Seagis Secures $102M for East Coast Industrial Portfolio

The properties were completed in 2023 and 2024.

Aerial shot of the Admirals Row inside the Brooklyn Navy Yard

Steiner Lands $149M for Brooklyn Navy Yard Property

Deutsche Bank provided the loan.

Aerial view of TECfusions' data center campus.

TECfusions Lands $300M for Virginia Data Center

Proceeds will fund the facility’s development and expansion.

Exterior shot of Church Street Medical Park in Greensboro, N.C.

AW Property Lands $55M for MOB Portfolio

The properties total nearly 300,000 square feet.

Exterior shot of 609 W. Randolph, an office building in Chicago.

Vista Property Group Refinances Chicago Office Building

JPMorgan Chase & Co. provided the loan in a deal arranged by JLL.