Finance
Kennedy Wilson Lands $300M Equity Investment
The strategic move is in the form of a perpetual preferred equity investment in the company by affiliates of Eldridge Industries.
Cardinal Point Cashes In on Tampa’s Growing Industrial Demand
JLL orchestrated the $47.1 million sale of the 580 Corporate Center in Oldsmar, Fla., and arranged financing for the buyer.
MetLife Funds $125M Long Island Office Refi
The joint venture ownership has invested millions of dollars to upgrade the complex in Lake Success, N.Y.
5 Forces Directing CRE Capital Flows
Investors are driven in part by the reinvention of real estate, said Allianz’ Karen Horstmann at the New York University Schack Institute’s annual Women in Real Estate Symposium.
BPM Buys 2 California Office Assets for $120M
In two separate transactions, the company acquired a 117,739-square-foot asset in San Jose and a 109,948-square-foot building in Aliso Viejo.
Few Economists See Downturn Despite Waning Growth Outlook
Most participants at the National Association of Business Economists meeting in Denver were sanguine about the prospects for the U.S. economy.
Atlanta Office Asset Scores $21M Refi
NXT Capital secured the financing for a Class A property in the Cumberland/Galleria submarket.
Tampa Industrial Park Sells for $16M
The asset contains nearly 185,000 square feet across six buildings. Colliers International represented the seller in the transaction.
LaSalle Arranges $220M in Loans for Blackstone
The three mezzanine loans were used to refinance European portfolios of last-mile logistics and other industrial assets, comprising more than 250 properties.
Homewood Suites Jacksonville Changes Hands
A joint venture acquired the 117-key extended-stay hotel for nearly $15 million as part of a larger, 18-property portfolio deal.