Finance
Douglas Emmett Commits More Deeply to CRE Fund
In a deal worth $95 million, the REIT brought its ownership stake in an existing unconsolidated real estate entity to nearly 90 percent.
Miami Retail Center Scores $26M Refi
Saber Real Estate Advisors received a 10-year financing for the Class A, 109,961-square-foot building in Sunset Harbor.
Upcoming Boston Hotel Lands $75M in Financing
JLL worked on behalf of Olshan Properties and its joint venture partners to secure the loan for the new 212-key Canopy by Hilton rising in the city’s downtown.
TPG Sells Atlanta-Area Business Park
The company sold the five-building industrial facility for $19 million after six months of ownership.
Selig’s $530M Mixed-Use Atlanta Tower Gets Funding
Cushman & Wakefield arranged construction financing and equity investment for the Midtown development, which will feature office, hotel and residential space.
Seattle Office Park Lands $110M Refi
Lionstone Investments and Talon Private Capital will use the loan to retire a $77.5 million existing financing from Prudential Financial.
Manhattan Mixed-Use Project Lands $79M Financing Deal
Real Estate Equities Corp. secured a combination of senior and mezzanine debt for its 10-story project in Greenwich Village.
Monmouth Lands Larger, Extended Revolving Credit Facility
The New Jersey-based net-lease industrial REIT negotiated a total of $300 million in unsecured credit, along with an accordion feature, extended maturities and interest-rate swap.
Ryan Cos. Gets $55M for Phoenix Office Asset
The LEED Gold building in the Camelback Corridor sold for a record $306 per square foot.
New Jersey Retail Center Scores $32M Refi
The Hampshire Cos. owns the asset, Veterans Square Town Center, which is anchored by a ShopRite store.