Finance
What to Expect From Deutsche Bank’s Reorganization
As an overhaul gets under way at the financial services giant, capital markets insiders size up what’s ahead for the company’s commercial real estate lending.
Converted Brooklyn Creative Office Receives $205M Refi
Newmark Knight Frank arranged the floating-rate loan for the refinancing of the historic—and recently repositioned—building on the East River in DUMBO.
Whitman Family Lands $550M Financing for Miami Retail Project
HFF has arranged the loans through MetLife Investment Management. The funds will be used to expand the 463,100-square-foot Bal Harbour Shops luxury property.
Portland Mixed-Use Project Moves Ahead With $460M Loan
George Smith Partners secured the financing for BPM Real Estate Group from an affiliate of Mosaic Real Estate Investors. The 35-story development will bring a five-star hotel, office, residential and retail space.
Chinese Coworking Giant Seeks US IPO
Beijing-based UCommune is reportedly aiming to raise as much as $200 million through the offering, as China’s flexible office sector shows signs of overheating.
Denver-Area Hotel/Convention Center Lands $800M Refi
The loan package covers a potential expansion of the $795 million Gaylord Rockies Resort & Convention Center in Aurora, Colo., which opened in December 2018.
Q&A: JLL’s Ulbrich on HFF Buy and Beyond
Christian Ulbrich sets the stage for JLL after its acquisition of HFF and shares his expectations for the capital markets in the context of a possible economic slowdown.
JV Acquires Raleigh-Area Power Center for $53M
Collett Capital and Long Warf Capital purchased the 321,000-square-foot retail asset. HFF arranged acquisition financing on behalf of the borrower, which plans to upgrade the property.
“Darth Vader Building” in Downtown WPB Sells for $98M
CBRE brokered the sale of the Class A, 294,000-square-foot office tower that last traded in 2016. Northbridge Centre underwent complete renovations worth $15 million.
Seattle Mixed-Use Project Moves Forward With $31M Loan
The eight-story building will consist of 71 residential units, 11,000 square feet of office space, ground-floor retail and one level of underground parking.