Finance
Landmark Philly Tower Lands $80M Refi
PCCP provided the note for the historic building, which was once the city’s tallest.
CRE Bank Loans Mount a Comeback
What to expect from terms and underwriting at commercial banks for the rest of 2021.
Transactions: July-August 2021
A coast-to-coast roundup of noteworthy office and industrial deals.
Pinnacle Financial Doubles Down on $1B Nashville Yards
The company will serve as the megadevelopment’s exclusive banking partner.
Midtown Manhattan Tower Scores $148M Loan
The office refinancing marks PCCP’s fifth New York City deal in nine months.
Nuveen Real Estate, NexCore Team on $620M Deal
The coast-to-coast portfolio includes a wide range of medical office and life science facilities.
Elion Partners Closes $500M Industrial Fund
Real Estate Fund V has already deployed 60 percent of its equity commitments in coastal markets.
Opportunities, Risks in Today’s Commercial Mortgage Financing
MetroGroup Realty Finance’s Ivan Kustic gives a detailed picture of the capital markets’ current landscape.
Paramount Refis Manhattan Landmark for $860M
The 1.7 million-square-foot Midtown office building has been refinanced with two tranches.
Phoenix Industrial Park Lands $29M Refi
BKM formed a joint venture with TC US Partners to recapitalize the multi-tenant business center.