Finance
National Instruments Sells Austin Office Asset for $35M
The buyer is a discretionary institutional commercial real estate fund formed in 2012, represented in its first foray into the market by Madison Marquette.
Multi-State Office Portfolio Scores $455M in Financing
Brookwood Financial Partners utilized the funds to recapitalize 27 properties totaling more than 4 million square feet of suburban space.
Las Vegas Mixed-Use Moves Ahead With $150M Loan
Mosaic Real Estate Investors provided the construction loan for Matter Real Estate Group’s first phase of its UnCommons development. Plans call for office, retail space, restaurants and a residential component.
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JV Acquires Cincinnati Retail Space
Konover South, Zucker Investment Group and Truett Realty Group purchased a 3,651-square-foot ground-floor space located around Hyde Park Square.
Metro Self Storage Scores $123M in Refis for 22 Assets
Talonvest Capital Inc. arranged the loans in two separate notes that each featured a 3.19 percent interest rate and 10 years of interest-only payments.
Brooklyn Mixed-Use Asset Scores $76M Acquisition Loan
Isaac Hager of Cornell Realty Management and developer Lipa Rubin purchased the hotel and multifamily asset, which was completed in 2016.
San Diego Convenience Center Changes Hands
Capstone Advisors sold the roughly 15,000-square-foot retail center. CBRE represented both parties in the deal and secured acquisition financing.
Mesa West Provides $72M Loan for Dallas-Area Office Campus
Equus Capital Partners purchased the 300,000-square-foot Legacy Place and intends to renovate the property’s two identical buildings.
Downtown Raleigh Office Tower Lands $80M Refi
Heritage Properties secured the M&T Bank financing for One Glenwood. The deal closed immediately after the company obtained a $73 million construction loan for its Bloc[83] project.