Finance
New Jersey Cold Storage Project Lands $34M in Financing
JLL Capital Markets arranged the loan for a build-to-suit facility on the border of Elizabeth and Newark.
New Jersey Spec Warehouse Lands Construction Loan
The Class A industrial building in Hamilton Township will replace a retail center.
LabCentral Lands $22M for New Shared Lab Project
The funds support space for biotech startups at an MIT innovation hub in Cambridge, Mass.
Lionstone Investments Closes Latest Value-Add Fund at $745M
Surpassing its initial target, the company re-engaged the investors from its previous fund and added new overseas partners.
C-PACE Builds Resilience in Tough Times
New developments, additional markets and retroactive loans point to wider availability of the green financing option this year.
Rockpoint Group, Industry Veteran Form Industrial Partnership
The firm is joining forces with Benjamin Harris, formerly CEO of Blackstone’s Link Logistics Real Estate, to invest in assets in high barrier-to-entry locations across the U.S.
Portland’s Historic Bank Block Obtains $51M Refi
With the assistance of CBRE, an entity owned by Westport Capital Partners has refinanced the creative office property in the heart of the city’s tech hub.
Velocity Financial Lands $375M in New Funding
The financing consists of a $175 million term loan and a $200 million warehouse facility.
HIG Realty Closes $98M West Dallas Redevelopment Loan
J. Small Investments acquired Pegasus Park from Exxon Mobil in 2015 with plans to develop an innovation hub.
STAG Industrial Boosts Credit Facility Capacity by $250M
The REIT, which specializes in single-tenant industrial properties, also refinanced a $300 million unsecured term loan.