Finance
Jacksonville Office Complex Commands $30M
Berkadia arranged the acquisition financing on behalf of the new owner. Summit at Southpoint was 82 percent leased at the time of sale.
Manhattan’s Park Avenue Plaza Receives $75M Loan
A partnership between Fisher Brothers and Sungate Park Avenue Trust owns the 1.2 million-square-foot Class A office building located in the heart of the Plaza District.
DealPoint Merrill Secures Financing for Cleveland Giant Eagle
The $6.6 million loan will be used for the redevelopment of the shopping center. DealPoint Merrill arranged the sale of the same property earlier this year.
TerraCap Acquires Dallas Office Tower
CBRE arranged the transaction on behalf of the seller, a joint venture between Frontier Equity and Artemis Real Estate Capital Partners.
Midtown Manhattan Tower Receives $125M Financing
Pearlmark will use the proceeds from the loan to refinance the LEED Silver-certified Tower 56, as well as cover the costs of future leasing efforts.
Inside the Deal: How Buyers and Brokers Met Diverse Challenges
A pair of recent transactions created challenges and solved problems for buyers, sellers and their advisers.
A New Route for the Decade Ahead
The moderate economic growth after the recession along with risks of a downturn and stricter immigration policies are just some of the reasons why investors should plan their long-term strategies thoroughly.
Commercial Lending’s Crowded Sandbox
What to expect as new capital sources compete for business and interest rates inch upward.
Transactions: September 2018
The following is a list of transactions that were announced over the months of June and July, 2018.
More Commercial Mortgages for Regional, Local Banks: When Is Enough?
Yardi Matrix Director of Research Paul Fiorilla assesses the risks some financial institutions face at this late stage in the economic recovery.