Finance
Brookfield Scores $465M Downtown Los Angeles Office Refi
The loan on the 50-story Gas Company Tower marks the investor’s second CMBS refinance in the city center in the past six months.
Orange County Industrial Park Receives $21M Refi
The new note retires a $19.1 million acquisition loan that Rabobank originated in 2016.
CapRock Closes $250M Industrial Value-Add Fund
Including co-investment vehicles, the commitments enable the company to acquire as much as $1 billion in assets.
Drawbridge Realty Completes $149M Refinancing
The loan is secured by four fully leased office properties in Southern California and Austin, Texas.
Southeast Denver Office Building Sells for $63M
United Properties’ Inova II is part of the 700,000-square-foot Inova Dry Creek development in Centennial, Colo.
3650 REIT Closes First Tranche of $950M Investment Vehicle
CalSTRS is a lead investor in the fund’s $580 million initial closing.
New $600M Partnership to Target E-Commerce Assets
ElmTree Funds has joined forces with Guggenheim Investments to acquire industrial properties across the U.S., with a focus on last-mile and logistics facilities.
JV Kicks Off $100M MOB Fund
Chestnut Funds and Anchor Health Properties have launched their second fund as their current $50 million vehicle completes its investment period.
Blackstone, LBA Logistics Recap $1.6B in Industrial Assets
The portfolios comprise 71 properties totaling 9.5 million square feet.
Onicx Development Lands $22M Refi for Tampa-Area MOB
Berkadia secured the financing for the 86,770-square foot property in Trinity, Fla.