Finance
FCP Sponsors $12M Opportunity Zone Industrial Deal
Baker Development Corp. will build the 325,000-square-foot property in the Phoenix suburb of Goodyear. Fintech platform EquityMultiple raised $2.4 million from its accredited investors for the transaction.
Agave Holdings Lands $100M Loan for Metro Miami Project
The financing covers the initial phase of The Plaza Coral Gables, the first large mixed-use development in Coral Gables, Fla., which will comprise office, multifamily and retail space.
Orlando-Area Office Building Trades for $15M
Exeter Property Group has purchased the Class A, 92,127-square-foot asset in Seminole County. CBRE negotiated the deal on behalf of the seller.
Q&A: Discipline Is Key in the Era of Flexible Capital
Admiral Capital Group Co-Founder Daniel Bassichis discusses the changing capital stack and how investors can manage risk in this competitive, late-cycle economy.
Denver Trophy Tower Lands $220M Loan
HFF worked on behalf of Hines and its equity partner to secure the permanent financing for 1144 Fifthteenth St., the city’s first high-rise office development in more than 30 years.
East Bay Office Asset Sells for $115M
CIM Group was the seller of the 10-story Class A building, which last traded more than a decade ago as part of a portfolio deal.
Salt Lake City Retail Center Gets $97M Refi
Retail tenants at The Gateway, a 652,000-square-foot, mixed-use property in the city’s downtown, include Dave & Buster’s, Megaplex Theatres and Victoria’s Secret.
NYC Asset Lands $900M Refinancing
Stellar Management secured the financing for One Soho Square, a Class A office and retail asset in Manhattan the company purchased in 2012.
Economic View: Why You Should Watch the Yield Curve
Some key economic indicators show continued strength, but there is more to the story. Trends in the yield curve appear to presage leaner times ahead, advises Hugh Kelly, the veteran real estate economist and CPE columnist.
Refinancing Opportunities for CRE Investors
With lenders in the market in force, refinancing opportunities for CRE investors abound at aggressive pricing and attractive terms.