Finance
Bronx Industrial Project Gets $305M Boost
Innovo Property Group and Square Mile Capital Management will use the financing to build the largest logistics facility in New York City.
Kimco Strengthens Balance Sheet With $375M Loan
The shopping center REIT now has about $800 million in cash on hand to help get through the Covid-19 crisis.
Home of 1st New York Apple Store Gets $75M Refi
Crédit Agricole provided the financing package for Centurion Realty’s 28,000-square-foot SoHo building.
Transactions: April 2020
A selection of noteworthy deals announced between January 2 and March 4.
Houston Office Tower Lands Refi
JLL arranged the refinancing of Two CityWestPlace in the metro’s Westchase submarket.
Q&A With CBRE’s Brian Stoffers
CBRE’s global president of Debt & Structured Finance weighs in on the capital markets’ current environment and recent actions by the Fed.
Construction Costs Continue to Rise in 2020
Even before challenges presented by the coronavirus pandemic, high construction costs were making some deals impossible to pencil.
Marcus & Millichap Acquires Dallas Finance Firm
The brokerage heavyweight is growing in the Southwest with the acquisition of debt and equity specialist Metropolitan Capital Advisors.
Howard Hughes Corp. Lands $137M Loan for Houston Asset
The company secured the financing for one of the two high-rises within The Woodlands Towers at The Waterway in The Woodlands, Texas.
Philadelphia Grocery-Anchored Retail Center Lands Refi
AXA Equitable Life Insurance Co. provided the five-year, fixed-rate loan.