Finance

CREFC, NCREIF Seek Participants for First Debt Fund Index

The groundbreaking tool would be the first to benchmark private debt performance.

Oaktree, Veleta Form CRE Lending Platform

The new joint venture will provide loans of as much as $20 million, with a focus on alternative assets.

Lisa Pendergast of CREFC

CREFC’s Lisa Pendergast on What’s Next for CRE CLOs

The organization’s executive director assesses how market conditions could impact issuance in the coming quarters.

Edge Fund Advisors, HSBC Land $590M for Manhattan Tower

The recently renovated trophy property is in the heart of Times Square.

Howard Hughes Sells $210M Stake in Chicago Trophy Tower

This marks the second-highest valuation on record for an office building in the city.

CRE Lenders Shift Focus to Alternative Assets

Traditional lenders no longer view data centers, medical office and life sciences as risky.

Transaction Highlights: April 2022

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

10 World Trade, Boston

JLL Arranges $543M Financing Package for Boston Project

Boston Global Investors is spearheading the development of 10 World Trade Center in the city’s Seaport District.

Sonnenblick-Eichner Secures $276M for LA Chargers HQ

CTL Capital provided the construction and permanent financing.

Portobello America build-to-suit facility in Baxter, Tenn.

Oak Street Funds $90M Manufacturing Facility in Tennessee

Avison Young negotiated the build-to-suit, sale-leaseback transaction on behalf of Brazil’s leading ceramic tile manufacturer.