Finance
Development Financing Slowdown Is Real
With investors and lenders becoming more cautious, developers are feeling the pinch.
Gattuso Lands $290M for Philadelphia’s Largest Life Science Project
Scheduled for completion in early 2025, the development is worth more than $400 million.
Convexity Properties Lands $125M Loan for Nashville Mixed-Use
5 City Blvd is part of a master-planned development.
Maxxam Enterprises Gets $85M Loan for Los Angeles Retail Center
JLL secured the financing from TerraCotta Credit Fund LP.
San Diego Life Science Project Lands $203M
Longfellow Real Estate Partners plans to complete the campus in 2024.
Meridian Group Lands $81M for Virginia Industrial Project
Bank OZK and ACORE Capital provided the construction financing.
Another Interest Rate Hike: What’s Ahead for CRE
Industry experts weigh in on how the Fed’s move will affect markets in 2023.
BG Capital, FreezPak Logistics Get $73M for Philadelphia Project
OceanFirst Bank and Nuveen Green Capital provided the financing.
CapRock Lands $50M for LA-Area Industrial Project
A JLL Capital Markets team secured the non-recourse construction loan.
Broad Street Secures $80M JV Investment, Property Loan
Fortress Investment Group’s capital infusion will allow the firm to complete deals and retire debt.