Finance
Macerich Lands $540M Refi for Kings Plaza in Brooklyn
The company has aggressively updated and re-tenanted the 1 million-square-foot regional center since it purchased the property in 2012.
Miami-Area Office Building Gets $13M Refi
The bridge loan was arranged by NorthMarq and has a five-year term, with three years of interest-only payments.
NorthMarq Arranges Financing for Utah Office Portfolio Acquisition
The company received $19.4 million in financing for the acquisition of three office buildings in Provo.
Class A Houston Office Building Changes Hands
Buyer Rycore Capital financed the acquisition of the 155,000-square-foot property with a $17.3 million loan secured by JLL.
Orlando Resort Trades for $21M
The property, which includes 396 guestrooms and a water park, sold for $21 million.
PAG Investments Buys Hartford-Area Retail Property
The Stop & Shop-anchored shopping center is 3.7 miles southwest of downtown Simsbury.
JV Scores Largest Construction Loan in Fort Lauderdale History
Madison Realty Capital provided $210 million for the development of Broward County’s first five-star project.
Bay Area TOD Receives $336M Loan
JLL arranged the joint venture equity and construction loan for the development of Gateway at Millbrae Station, a mixed-use project in Millbrae, Calif.
Virginia Storage Facility Receives $12M Financing
Working on behalf of Compson Development, Talonvest Capital arranged the loan to refinance a 599-unit storage property.
Kentucky Industrial Development Receives Financing
Trez Forman Capital provided the loan for the construction of a 776,820-square-foot spec project in Walton.