Finance
ACORE Capital Provides $182M Refi for DC’s Portals III
The owner of the mixed-use property will use the loan to refinance an existing loan, lease up available spaces and fund capital improvements.
Newmark Knight Frank Arranges $200M Refi for Manhattan Property
The company’s Debt and Structured Finance team facilitated the recapitalization of two connected office buildings totaling more than 220,000 square feet.
Fed Cuts Interest Rates for Second Time in 7 Weeks
The central bank announced the decision following weeks of pressure from the Trump administration.
Amerant Chips In $49M Loan for Brooklyn Building
The company—Mercantil Bank until a few months ago—served as administrative agent and provided the financing for a newly developed retail and office property.
CBRE Secures $37M Loan for Miami Asset
Senior Vice Presidents Paul Ahmed and Amy Julian, together with Senior Financial Analysts Andrew Chilgren and Mackenzie Fry, arranged the financing.
Chelsea Warehouse Conversion Project Receives Financing
JBA Equities arranged the $56 million mortgage, which will be used for the structure’s transformation into an office building with ground-floor retail.
Blackstone Bags $450M Logistics Loan
New York Life Real Estate Investors provided the financing for the 5.4 million-square-foot industrial portfolio.
Hudson Advisors Sells Chicago-Area Office Building
The new owners financed the acquisition of the 141,186-square-foot asset through a $9.6 million loan from Calmwater Capital.
Blackstone Closes Largest Real Estate Fund Ever Raised
Blackstone Real Estate Partners IX has raised $20.5 billion in total capital commitments, with the largest investment placed in Global Logistic Properties’ U.S. industrial portfolio.
Angelo Gordon Raises $1.3B for Asia Fund
The alternative investment firm will target value-add and development opportunities primarily in Japan, South Korea, Hong Kong and mainland China.