Finance
Jadian Capital Exceeds $400M Target With First Fund
The alternative investment firm closed its inaugural fund with more than $650 million in commitments from a variety of investors, including state and corporate pension funds.
SL Green JV Lands $1.3B Construction Loan
In a joint venture with the National Pension Service of Korea and Hines, the company is redeveloping One Madison Avenue in New York City’s Midtown South.
Bridge Investment Pays $57M for Tampa Office Building
The purchase of the 253,922-square-foot property marks the firm’s return to the metro Tampa Bay market.
Suburban Sacramento Mixed-Use Asset Receives $19M Refi
Voya Financial originated the loan, which encumbers 189,229 square feet of retail and 1,263 self storage units.
Empire State Realty Obtains $180M Loan for NYC Tower
Estreich & Co. arranged the mortgage financing for 250 W. 57th St., a 26-story building in Midtown Manhattan.
What Real Estate Could Expect From the Next Administration
Industry experts are keeping an eye on affordable housing, pandemic relief and other hot topics.
AllianceBernstein Launches European Debt Platform
The launch is a partnership with Lacarne Capital and aims for both direct lending and secondary participations in a variety of commercial real estate investments across Europe.
MDH Partners Lands $84M in Post-Acquisition Financing
The six-property industrial portfolio includes assets in Miami, Atlanta, Phoenix, Bradenton, Fla., Greensboro, N.C., and Memphis, Tenn.
JLL Brokers $12M Boston Warehouse Sale
Managing Director Brett Paulsrud and Associate Sam Campbell secured acquisition financing for buyers Oliver Street Capital and Bain Capital Real Estate.
Nuveen Real Estate Secures $94M for Industrial Portfolio
Allianz Real Estate provided the financing for a 1.5 million-square-foot collection of properties in Chicago, Denver and Los Angeles.