Finance

Portland’s Historic American Bank Building Lands Refi

With the assistance of JLL Capital Markets, Lionstone Investments and ScanlanKemperBard secured a loan from CIBC, paving the way for the expansion and stabilization of the creative office building.

Washington Prime Group Secures Amendments to Its Credit Facilities

Pressed like its retail sector peers by COVID-19 fallout, the company arranged covenant relief through the third quarter of next year.

Gantry Secures $11M Refi for Bay Area Office Building

Principals Robert Slatt and Jeff Wilcox, along with Senior Associate Charlie Kokernak secured the 10-year loan.

How Will Crowdfunding Weather the Market Slump?

As he anticipates a flood of crowdfunded opportunistic commercial real estate deals, GowerCrowd Founder Adam Gower discusses the impact of COVID-19 on the business.

CBRE Arranges $27M Refi for Los Angeles Assets

Vectra Management Group is the sponsor of the two office properties, which total 70,740 square feet.

JLL Lands Financing, Leasing Deal for 1.4 MSF Dallas-Area Industrial Park

The firm arranged a construction loan and equity partnership for Gruene Real Estate Partners and Weber & Co.’s development of Intermodal Commerce Park.

Columbia Pacific Advisors Arranges Refi for Louisiana Manufactured Homes

The $15.5 million loan will refinance the existing mortgage at Gulf Stream Manor in Lake Charles.

Philly Office Project Lands $187M Construction Loan

The Class A tower will rise in the Center City neighborhood and encompass 305,000 square feet.

CLOSED: 2020 Executive of the Year Awards Nominations

Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input. The deadline to submit is August 11!

JV Lands Funding for 1 MSF Dallas-Area Logistics Project

Bandera Ventures has teamed up with Invesco Real Estate to build a spec industrial development in Fort Worth, Texas.