Finance
Sacramento Storage Property Receives Refi
The new mortgage will retire a loan provided by Exchange Bank in 2016.
Dekel Capital Orchestrates $35M in Financing for Las Vegas Office Asset
The firm raised joint venture equity and secured first mortgage debt for Moonwater Capital’s acquisition of the NV Energy Pearson Building.
CIM Group Lines Up $96M Loan for Phoenix-Area Office Asset
The firm provided bridge financing for the 500,000-square-foot Galleria Corporate Center, which has become a favorite for the tech sector.
Central Nashville Storage Asset Receives Refi
The new origination replaces an $11.8 million loan from Synovus Bank taken in 2014 for a five-property portfolio in the market.
Massachusetts Data Center Sells for $16M
The new owner financed the purchase with a $10.4 million loan from Cambridge Savings Bank.
KKR Closes Fund With $950M in Commitments
Like its predecessor investment vehicle, KKR Real Estate Credit Opportunity Partners II will focus on the acquisition of new-issue conduit CMBS.
New Jersey Industrial Park Lands $104M in Construction Loans
Cushman & Wakefield arranged the funding for Advance Realty Investors and Greek Development, which are planning a 3.2 million-square-foot project in metro Philadelphia.
The Partnership for Small Business Relief Proposes Enhanced SBA 504 Loan Program
Liberty SFP’s Alex Cohen on a plan to bring much-needed financial support by fine-tuning the SBA 504 program.
Walker & Dunlop Arranges $16M Loan for Flex Asset
Director Jacob Cohen assisted the borrower in obtaining the financing from Alliant Credit Union in Jacksonville, Fla.
1031 Exchange FAQ
CPE answers essential questions on Section 1031 of the U.S. tax code and what it can mean for your real estate portfolio.