Finance
Granite Buys 1 MSF Greater Atlanta-Area Industrial Facility
The REIT also upsized its credit facility to $1 billion and extended its maturity date by five years.
Silicon Valley Office Asset Trades for $35M
An entity affiliated with Vien Thao Media acquired the six-building property in Milpitas, Calif.
Duke Realty Refinances $1.2B Credit Facility
The industrial REIT’s amendment and restatement agreement includes new terms that allow for a potential increase of as much as $800 million.
WeWork Merger Highlights Real Estate SPAC Surge
The flexible office giant aims to go public using an increasingly popular maneuver in the property and proptech industry.
Analysis: Big Government Spending Creates Opportunities, Worries for CRE
Yardi Matrix Research Director Paul Fiorilla and leading economists look inside the recent and forthcoming “go-big” packages.
Norvin Healthcare Lands $39M Loan for Philadelphia MOB
CIT Group arranged the financing for the Navy Yard property.
TerraCap Pays $31M for Phoenix Industrial Asset
BKM Capital Partners sold the 225,400-square-foot property after nearly six years of ownership.
American Ventures Launches $1B Distressed CRE Fund
The investment manager’s new vehicle will target deeply discounted assets valued at above $50 million.
Virtus Buys Houston-Area MOB
The firm’s second acquisition in the market is a 90,014-square-foot property in Sugar Land.
PGIM JV Buys Microsoft-Leased Campus for $169M
In a partnership with Talon Private Capital, the company borrowed $200 million from a consortium of 13 lenders to fund the acquisition.