Finance
Pittsburgh Trophy Asset Lands $69M Recap
The transaction includes a ground lease bifurcation sale and leasehold financing.
Salt Lake City Luxury Hotel Secures $78M Refi
The asset incorporates the adaptive reuse of a historic train station.
Nuveen JV Closes $43M C-PACE Loan for Maryland Hotel
It’s the largest such financing in state history.
Redfearn Lands $48M for Jacksonville Portfolio
The mortgage is part of a larger financing package backed by assets in seven Florida markets.
Industrial Demand Turns the Corner in Q1
A Savills report predicts stronger demand for the rest of the year, but energy is a wild card.
Vornado JV Lands $161 million for Manhattan Asset
The property sits within the Meatpacking District.
National CORE Lines Up $103M for Inland Empire Hotel Revamp
The debt package comprises multiple tax-exempt funding sources.
Brookfield JV to Land $1.9B for Manhattan Tower
The deal is set to close at the end of this month.
Trepp Connect Special Report: Uncertainty Is Certain
Commercial real estate’s selective recovery continues despite a greater chance for risk.
Soloviev Group Lands $1.8B for Manhattan Office Tower
After stabilization, this 50-story property is expected to achieve a $3.9 billion market value.