Finance
Northpath Secures $18M Refi for 2 Office Buildings
JLL arranged the loan through Centreville Bank.
Terra Property Trust, Western Asset Mortgage Join Forces
Mavik Capital Management will externally manage the credit-focused REIT.
Transaction Highlights: July 2023
A coast-to-coast roundup of noteworthy office and industrial deals.
HSR Corp. Lands $58M for Manhattan Office Building
Morgan Stanley provided the fixed-rate loan.
Boylston, J.P. Morgan Secure $150M for Boston Life Science Asset
Northwestern Mutual provided the note, which will retire a construction loan.
Servicing, Defaults Dominate CREFC Discussion
The rapid increase in interest rates has left the commercial mortgage market to deal with fallout, said panelists at the CRE Finance Council’s Annual Conference in New York City.
MDH Partners Lands $90M Loan for Industrial Acquisitions
Situated in two key markets, the properties total 1.6 million square feet.
Tishman Speyer Lands $750M for Boston Project
Led by Otera Capital, the construction financing is reportedly the largest so far this year.
KPG Funds Secures $50M for Manhattan Office Building
Sabal Investment Holdings and GDS Brightstar provided the financing.