Finance
Lionheart Strategic Management Launches $250M Loan Acquisition Venture
In a partnership with Schroders Investment Management, the company will focus on transitional and distressed investments, addressing a greater need for liquidity following the onset of the COVID-19 pandemic.
PGIM JV Sells San Francisco Asset for $166M
Deutsche Bank provided acquisition financing, county records show.
KKR Closes 1st Asian Fund at $1.7B
With backing from a diverse pool of investors, the Asia Pacific fund is one of the largest to be raised in the region.
Barings, The Fallon Co. Recap Raleigh Office Project
The trophy tower will be part of the mixed-use Raleigh Crossing project downtown.
Ivanhoé Cambridge, PAG Launch $400M Logistics Venture
The companies, which have been strategic partners for several years, are eyeing opportunities in three of Japan’s largest metro areas.
Analysis: CRE and Washington’s New Agenda
Paul Fiorilla of Yardi Matrix on why the new balance of power in Congress presents a complex outlook for commercial real estate.
Westcore Buys 4.1 MSF Industrial Portfolio
The company received a $97.5 million loan from Walton Street Capital for the purchase.
LaSalle Investment Sells Seattle Logistics Asset for $73M
The three-building complex previously sold for $38.7 million in 2013.
Bernstein Real Estate Obtains $60M Refi for NYC Asset
Meridian Capital Group worked with a regional lender to arrange the five-year loan.
CMBS Performance Stable For Now: KBRA
December was the sixth consecutive month that delinquencies either declined or remained flat after peaking at 8.2 percent in June.