Finance
CMBS Delinquencies Decline As Forbearance Increases: Trepp
The decreasing overall national rate follows significant spikes in May and June.
CBL & Associates, PREIT Bankruptcies Show Coronavirus Toll
The retail property owners have filed for Chapter 11 protection after rent collections suffered during the pandemic.
Alliant Credit Union Provides $30M in Loans for Storage Portfolios
The company originated three senior notes for three separate portfolios in Michigan and South Carolina.
LDK Ventures Acquires 350 KSF Boise Warehouse
PCCP LLC provided a $19.4 million financing package for the acquisition, remodeling and lease-up of the vacant facility.
New York Life Real Estate Investors Closes Fund at $500M
The debt vehicle is expected to originate almost $1 billion in senior bridge financing.
Capstone Closes St. Louis MHC Portfolio Sale
The new owner financed the acquisition of Eagle Creek and Cedar Hill Estates with a $5 million loan from Benefit Street Partners Realty Trust.
Colliers Arranges Suburban Indianapolis Office Sale
Vice President Alex Cantu and Director Alex Davenport negotiated on behalf of the seller, Ambrose Property Group.
Anchor Health Makes Inland Empire MOB Investment
Cushman & Wakefield assisted the seller of the two-building, 42,857-square-foot property in Temecula, Calif.
Plymouth Industrial, Madison International Form $150M Equity JV
The partnership’s first investment will be a 28-property portfolio in Memphis, Tenn.
TerraCap Buys Suburban Dallas Office Park
Prime Finance provided a $28 million financing package for the acquisition of the almost 200,000-square-foot property.