Finance
W&D Seals $96M FL Industrial Deal
The loan package covers 13 properties in Miami and Fort Lauderdale. Strong fundamentals make South Florida attractive to lenders.
HFF Closes Sale, Secures Financing for Austin Office Asset
The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.
Top Financiers on What Keeps Them Up at Night
Despite transactional and political uncertainty in the first half of 2017, the commercial real estate capital markets held strong, with plenty of capital and solid lending competition creating a robust financing environment for borrowers across all sectors.
Frisco Retail Center Lands Financing
Victory Real Estate Group arranged a non-recourse mortgage for Victory Shops at Eldorado. The 13,600-square-foot shopping center in Frisco, Texas, is currently fully leased by a donut shop, nail salon and dentist offices.
JV Acquires 110 KSF Portland Office Building
KBS Realty Advisors and True North Management Group purchased a 109,725-square-foot asset in downtown Portland, Ore. CBRE arranged a $26.8 million, three-year term acquisition loan.
HFF Secures $15M Loan for NJ Industrial Asset
The three-year, floating-rate loan through Malvern Federal Savings Bank is being used to cover acquisition and closing costs for a rail-served warehouse distribution building and adjacent 16-acre development site in South Brunswick.
JLL Secures $78M Refi for Texas Shopping Center
The financing provided by Goldman Sachs will be used to refinance an existing loan for the 466,950-square-foot shopping center located in Pharr.
Insite Pays $28M for Houston Office Asset
The 160,407-square-foot office property was completed by KDC in 2006 as the third in a series of speculative office buildings located in Tampa, Atlanta and Houston.
Texas Nursing Facilities Land $28M in Financing
The loan secured by Hunt Mortgage Group through the HUD LEAN program will be used to refinance eight skilled nursing facilities located in Texas.
Iconic Honolulu Office Asset Lands $75M Loan
TOPA Financial Center, a two-building office property, sits in the heart of downtown Honolulu. Newmark negotiated the financing on behalf of Duesenberg Investment Co., the owner of the asset.