Finance
Thorofare Capital Provides $24M Loan for Los Angeles Portfolio
The company worked on behalf of Hakim Holdings to secure financing for the acquisition of a two-property portfolio in Beverly Hills, Calif.
CalSTRS Lands $992M Loan for 7 MSF Portfolio
The pension fund relied on JLL Capital Markets to arrange financing for the 17-property collection of office, industrial and multifamily assets.
Coronavirus Fallout for North American CRE Firms to Vary
Some sectors are poised to weather the impact of COVID-19 while others will be under substantial strain, according to DBRS Morningstar.
Lightsource BP Secures Financing for 260MW Solar Project
Impact Solar, a project of Swinerton Renewable Energy, is already under construciton in Lamar County, Texas.
Lexington Realty Obtains Refi for Connecticut Retail Center
Newmark Knight Frank secured a $29 million loan through UBS for Naugatuck Valley Shopping Center in Waterbury, Conn.
NorthMarq Arranges Refi for Omaha Office Property
West Dodge Hills is a Class A office building that offers underground parking, a health club and workout center.
TA Realty Closes $1.2B Fund
Realty Associates Fund XII attracted a diverse group seeking to invest in a range of value-add property types in leading markets across the U.S.
Terra Group Lands $45M Refi for South Florida Retail Center
The 150,000-square-foot property is the second phase of the 47-acre Pines City Center in Pembroke Pines, Fla., a mixed-use and lifestyle venue that also includes luxury apartments.
Denver-Area Office Portfolio Gets $70M Refi
JLL Capital Markets secured a five-year, non-recourse loan from a national bank.
As Unemployment Mounts, GDP Forecast Takes Big Drop
An update on how the pandemic is affecting the job market, oil prices, manufacturing and other aspects of the economy.