Finance

Denholtz Properties Expands Florida Footprint

The firm secured $20.6 million in financing from BankUnited for the acquisition of Deerfield Corporate Park.

Innovo Property Group Closes $438M Recap in Queens

The firm brought in a Hong Kong-based equity partner for a 830,000-square-foot mixed-use asset.

Central Business Park. Image courtesy of Avison Young

Avison Young Brokers Sale in Growing Submarket

The firm’s Florida Capital Markets Group handled the sale of two multi-tenant industrial buildings totaling 59,687 square feet and located in Coral Springs.

Twain Financial Secures Financing for Chicago Historic Building

The $18 million in Federal Historic Tax Credits will help restore the former Chicago & North Western Railway Company Building.

DSC Procures $138M Loan for Maryland Portfolio

Citizens Commercial Banking served as the lead-left bank and administrative agent for the transaction.

Shorenstein Properties Obtains $350M for Iconic Manhattan Address

Barclays provided the refinancing for 1407 Broadway, a 43-story office building designed by Ely Jacques Kahn and developed in 1950.

Sonnenblick-Eichner Lines Up $55M Refi for LA Assets

The fixed-rate first mortgage financing is secured by three office buildings and a retail property within the Continental Park mixed-use development in El Segundo, Calif.

Dunhill JV Buys Dallas Luxury Hotel

Starwood Property Trust provided the buyer with more than $80 million via a three-year, fixed-rate loan.

John Manning, Principal, Avison Young

Q&A: Why We Shouldn’t Expect a Downturn

Avison Young Principal John Manning takes us through the ups and downs of the capital markets in 2019 and explains why he is optimistic about next year.

Nashville Office Portfolio Lands $89M Refi

The Arkansas Teacher Retirement System JV’s two Class A towers comprise more than 400,000 square feet in the city’s West End.