Finance
CRG Launches 2nd US Logistics Fund
The company plans to develop $1.5 billion of e-commerce and distribution facilities over the next three years, while targeting smaller and more diverse investors.
GCP Closes $2.3B Industrial Property Fund
The investment vehicle is said to be the largest ever of its kind for North American logistics assets.
Slate Asset Management Closes Latest Fund at Almost $600M
The fund also reached a key milestone in its $2.3 billion acquisition of Annaly Capital Management’s commercial real estate business.
Manhattan Warehouse Overhaul Lands $1.3B Loan
The historic West Chelsea asset received New York City’s largest construction financing package of the year.
Office Asset Near O’Hare Lands $148M Refi
Angelo Gordon and Glenstar Properties’ Chicago property recently underwent a major renovation.
Archway Capital Launches $150M Distressed Lending Program
The firm cited increasing borrower demand for debt and equity in complex transactions.
KDC Closes $800M Fund With New Partners
The move aims to bolster the company’s footprint in the corporate build-to-suit and mixed-use markets.
Rudin Closes $100M Refi in Lower Manhattan
The family real estate firm obtained the loan for its 1.2 million-square-foot FiDi office tower.
Hines Lands $159M Loan for Bay Area Office Asset
The firm’s most recent move in the region was securing financing for a business park in San Mateo, Calif.
JV Gets $296M Refi for Downtown Chicago Office Tower
JLL’s Capital Markets group secured the loan on behalf of Hines, American Realty Advisors and Diversified Real Estate Capital.