Finance
PEBB, Tortoise Properties Buy R&D Center Near West Palm Beach
The new owners plan to upgrade the 16-acre campus, including the development of a new 50,000-square-foot building.
SHVO-Led JV Lands $210M for Manhattan Building Acquisition
JLL Capital Markets has secured the financing from LoanCore Capital LLC.
Los Angeles Office Project Lands $59M Loan
UBS Realty Investors provided construction financing for a 74,055-square-foot development near the Westside.
JOSS Realty’s $139M Silicon Valley Acquisition
The company is the new owner of Creekside @ 17, a Class A property in Campbell, Calif.
Lehigh Valley Industrial Park Lands $111M in Financing
Acting on behalf of an institutional joint venture, JLL Capital Markets placed a loan with Wells Fargo.
Nuveen Industrial Fund Raises $660M
The company has announced the first close of its U.S. Cities Industrial Fund, after participating in the purchase of a 100-building portfolio from Blackstone last year.
Q&A: Broadshore Ready for Opportunity to Knock
Co-CEO Bleecker Seaman III discusses lending strategy following the launch of the company’s Special Situations Debt Group and the challenges to consider going forward.
Dilweg Cos. Cashes In on Sarasota Office Sale
A joint venture purchased the 247,947-square-foot property and plans to invest up to $10 million in upgrades.
Qualified Opportunity Zone Fund Closes at $465M
Cresset Partners and Diversified Real Estate Capital are riding the wave of the successful capital raise with the launch of a follow-on vehicle.
Should the Rising Deficit Worry CRE Executives?
The climbing deficit was a frequent topic at the National Association for Business Economics annual economic policy conference.