Finance
Ford Motor Co. Industrial Project Lands Financing
The 1 million-square-foot facility near Detroit is expected to create 150 jobs.
Rubenstein Partners Obtains $114M Refi for Atlanta Campus
The company had spent four years and $17 million to improve the six-building property.
Keppel Launches Data Center Fund for Asian, European Assets
The fund had its first closing with more than $500 million in investments and is aiming for $1 billion.
Logistics Property Co. Closes $1B Industrial Real Estate Fund
The new vehicle, already largely allocated, targets development opportunities in core metro areas nationwide.
Douglas Development Sells DC Office Asset for $106M
The buyer assumed a $75 million Pentagon Federal Credit Union loan as part of the deal.
USAA Real Estate Lands $72M Refi for Miami-Area Towers
With the assistance of JLL Capital Markets, the company obtained a four-year loan from Värde Partners.
LSC Development Lands $60M Refi for New York Storage Assets
The four-year, non-recourse bridge loan encumbers three facilities encompassing nearly 312,000 square feet on Long Island.
New Study Aims to Crack Cap Rate Code
The model is based on the unemployment rate and the flow of commercial mortgage debt, metrics that are a proxy for U.S. economic performance and capital flows into commercial real estate.
Report: Global Institutions Spend More on Real Estate
The annual survey by Hodes Weill & Associates and Cornell University also found that confidence by institutional investors was up for the third straight year.
CAM Investments Pays $81M for Phoenix Industrial Asset
The two-building, 603,903-square-foot industrial property in Mesa came online earlier this year.