Finance

Harvard Enterprise Research Campus Rendering. Image courtesy of Tishman Speyer

Transaction Highlights: August 2023

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

Rate Hikes Are Back After Brief Pause

Fed chair Jerome Powell pointed to encouraging economic data but did not rule out more increases this year.

Dalfen Buys 1 MSF Houston Asset

Affinius Capital provided $90.6 million for the sale of this recently completed logistics park.

Fed Rate Hike Ahead. What’s in It for CRE?

PGIM, Berkadia, Green Street, Moody’s and others weigh in.

Westcore Pays $93M for Phoenix-Area Campus

CrossHarbor Capital Partners provided more than $73 million in acquisition financing.

The Americana at Brand

Caruso Lands $450M for LA Mixed-Use

The financing retires a 10-year-old loan from MetLife.

5000 Richmond Street

DH Property Holdings Obtains $175M for Philly Logistics Project

Walker & Dunlop arranged the financing for the last-mile development.

24 River Road. Image courtesy of CommercialEdge

Thor Equities Lands Refi for New Jersey Industrial Asset

Thorofare Capital provided the $26.6 million loan.

Office Properties Income Trust Secures $77M in Mortgage Loans

The financings align with the company’s plans to merge with Diversified Healthcare Trust.

Tishman Speyer, Silverstein Close $330M Refi for Manhattan Office Tower

The new loan replaces a previous $300 million debt commitment.