Finance
GREEN Act Advances in Congress
The bill includes support for renewable energy industries as part of the next pandemic relief package.
How Job Losses Impact Manufactured Home Production
An expected slowdown in shipments in several states across the country may affect the sector’s dynamics and deepen the affordable housing crisis.
CMBS Delinquencies Multiply, Report KBRA and Trepp
Two new reports from companies tracking the CMBS sector indicate that delinquencies are rising sharply and that the numbers will likely worsen in July.
XPO Logistics Sells Nashville Shipping Terminal
The buyer of the nearly 100,000-square-foot property financed the acquisition with a $14.6 million loan from Traditional Bank.
Bellwether Arranges $294M in Financing for Nationwide MHC Portfolio
Senior Vice President MJ Vukovich and Assistant Vice President Ghazy Grijalva arranged the five Fannie Mae loans.
Angelo Gordon’s $1.5B Fund Targets European Assets
The company will use the equity commitments to pursue off-market, value-add deals across all property types.
BioMed Realty Lands $165M in Financing for Bay Area Asset
With the assistance of Newmark Knight Frank, the company secured a loan for its fully leased life sciences building in Emeryville, Calif.
Hunt Real Estate Capital Provides $24M Financing for Phoenix-Area Manufactured Housing
The three properties encompass 519 single- and double-wide homes as well as RV rental space.
Can Mezzanine Loans Spur Hospitality’s Rebound?
Driftwood Capital CEO Carlos Rodriguez Sr. on solutions for an industry in pressing need of rescue capital.
Host Hotels & Resorts Amends $2.5B Credit Agreement
The REIT altered terms of its $1.5 billion revolving credit facility and two $500 million term loans to preserve liquidity and bolster flexibility at a challenging time for the hotel industry.