Finance
South Carolina Office Complex Secures $69M Refinancing
3650 REIT provided JFR Global Investments with a fixed-rate loan for a suburban business park in Greenville.
Douglas Development Obtains $147M Refi for Washington, DC Asset
Natixis originated the floating-rate loan for the East End property.
Longfellow Lands $178M Loan for Office-to-Lab Conversion
Mesa West Capital provided the financing for the purchase and repositioning of a two-building campus in San Mateo, Calif.
South Florida Office Asset Lands Financing Deal
With the assistance of JLL Capital Markets, Sterling Organization obtained a $19 million loan for a Class A property in Boca Raton.
JLL Income Property Trust Secures $650M Credit Facility
The REIT will use the funds to increase the size and quality of its portfolio.
JLL Income Property Trust Scores $49M for Phoenix Distribution Center
The REIT had acquired the 474,000-square-foot property for $91 million in February.
Canyon Partners Closes $650M Debt Fund
The fund targets senior and subordinate debt investments across all major property types.
Developer Lands $44M for Manhattan MOB Project
JPMorgan Chase provided financing for the 12-story development underway in Central Harlem.
Savanna Secures $264M in Financing for Brooklyn Project
The office and retail tower broke ground late last year and is being constructed to LEED Gold and Well Silver standards.
Harbert Management-Sponsored Fund Raises $521M
The final close comes courtesy of commitments from new and existing institutional investors in the U.S. and Europe.