Finance

Capital Square Buys Southwest Florida MHC

The company financed the acquisition of the Harbor View community with a $3.6 million Fannie Mae loan.

SL Green Lands $600M Refi for Manhattan High-Rise Project

The construction loan will complete the redevelopment of 410 Tenth Ave. on the Far West Side into a Class A office building.

JLL Secures $24M Loan for Inland Empire Warehouse Buy

Marc Schillinger, Keith Rosso and Eric Boucher represented the borrower, an apparel manufacturer, in the Southern California deal.

Austin Storage Portfolio Changes Hands

Morgan Stanley Bank provided a $14.1 million loan for the purchase of the three properties that total 177,442 net rentable square feet.

NorthMarq Arranges Refi for Michigan Manufactured Homes

The $2.1 million Freddie Mac loan comes with a seven-year term and a 2.65 percent interest rate.

RFR Realty Scores $224M for Midtown Manhattan Buy

Column Financial provided financing for the office building occupied by Morgan Stanley.

CMBS Delinquency Rate Declines Again, Trepp Finds

The Trepp CMBS delinquency rate for August dropped to 9.08 percent from 9.6 percent in July.

Construction Financing and the COVID-19 Challenge

Project sponsors should expect tighter underwriting, higher cost of capital and more limited options.

220 E. 42nd St. Image via Google Street View

Transactions: September 2020

A selection of noteworthy deals announced between and March 10 and July 15.

For Lenders, Real-Time Analysis Mandates Caution: Q&A

Tauro Capital Advisors Senior Director Anthony Johnston on how lenders’ approaches to evaluating potential deals have shifted.