Finance
New Residence Inn in California Receives $41M Loan
Sonnenblick-Eichner has arranged mortgage financing for the extended-stay hotel in Walnut Creek that opened in December.
Gemini Rosemont Recaps 480 KSF Seattle-Area Office Campus
In a $240 million deal, the company brought in Beacon Capital Partners as a new equity partner at One Twelfth @ Twelfth in Bellevue, Wash.
Fuller Realty Partners Buys Houston Office Tower
The roughly 170,000-square-foot property traded for the first time in almost a decade.
PCCP, Crocker Buy 2 Orlando Office Assets
The joint venture paid in excess of $50 million for the Class A portfolio totaling 245,111 square feet.
NorthMarq Scores $185M Refi for Northrop Grumman Campus
The recently opened, 47-acre campus in Chandler, Ariz., manufactures launch vehicles for commercial and military customers.
Kathy Farrell Says Truist Will Be a Lending Force
Kathy Farrell, head of CRE lending at the bank that resulted from the merger of BB&T and SunTrust, talks capital markets and strategy.
Office Asset Lands Refi in Denver’s RiNo District
The new note will retire a $22.7 million loan from U.S. Bank.
Black Salmon JV Obtains $45M Loan for Orlando Tower
JLL Capital Markets arranged the financing for a 21-story office building in the city’s central business district.
Kimco Realty Sells 2 Phoenix Shopping Centers
The REIT traded the 307,000-square-foot portfolio for nearly $27 million, with the buyer securing acquisition financing from CIBC Bank.
Harbor Group Closes on $372M Jersey City Office Buy
The LeFrak Organization sold the 861,000-square-foot waterfront asset, with Morgan Stanley leading the $251 million acquisition financing.