Finance
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.
Gantry Secures $10M Refi for Storage Asset
The new mortgage retires an $8.1 million construction note originated by Bank of the West in 2016.
Snap Sessions: Dealmaking During COVID-19
Aaron Appel, co-head of Walker & Dunlop’s New York Capital Markets Practice, offers insights into how to navigate today’s capital markets.
Walker & Dunlop Expands With Purchase of NYC Firm
The commercial real estate finance company has acquired Beler Advisory Group, a boutique agency established by an industry veteran and JLL alumnus.
Amazon Commits $2B to Clean Energy Fund
In addition to this arrangement, in February this year, Jeff Bezos pledged $10 billion of his own money to fight climate change via the Bezos Earth Fund.
Brookfield Takes $171M Manhattan Office Loan
Bank of America, the Midtown property’s tenant, provided the financing package.
Vornado Seeking Recap for 2 Trophy Towers
The Trump Organization owns a minority stake in 1290 Avenue of the Americas in Manhattan and 555 California Street in San Francisco.
SL Green Lands $510M Loan for NYC Office Tower
The REIT obtained mortgage financing secured by the trophy asset at 220 E. 42nd St., known as The News Building, and utilized the proceeds to repay its revolving credit facility.
JV Acquires Boston-Area Office Campus for $66M
Greatland Realty Partners and Breed’s Hill Capital have bought four buildings with the help of an acquisition loan secured by JLL Capital Markets.
Talonvest Secures $19M in Loans for Storage Properties
The firm represented two different companies and arranged an acquisition loan and two refinancing packages.