Finance
NoVA Distribution Facility Lands $18M in Financing
The 487,897-square-foot asset is fully leased to CVS Caremark Corp. and consists of three buildings: a main building housing a warehouse and offices, an aerosol storage facility and a truck repair facility.
San Jose Office Building Trades for $50M
Menlo Equities sold a 180,000-square-foot building in Milpitas, Calif., to Nazareth Enterprises. At the time of sale, the asset was fully leased to Johnson & Johnson Vision.
2017 Executive of the Year Awards Nominations
Commercial Property Executive is putting together the ballot for this year’s Executive of the Year awards, and we want your input!
JLL Lends a Hand in Iconic NYC Hotel Sale
Highgate and the Rockpoint Group are the new owners of the 168-key Royalton in the heart of Midtown Manhattan.
Miami Metro MOB Lands $31M Loan
Berkadia arranged for a three-year, floating rate bridge loan provided by Silverpeak Argentic, for the 186,000-square-foot Jupiter Medical & Technology Park.
Geolo Capital JV Scores $80M for Seattle Mid-Rise
PCCP provided the senior loan for the 12-story, mixed-use project that includes a 155-key Thompson Hotel and 93 apartment units.
Westwood Financial Snags $171M for Retail Portfolio
HFF lined up the insurance-company financing for 1 million square feet of properties spanning seven mostly Southern states.
SF Amazon Building Lands $15M Refi
HFF placed a 10-year loan with Principal Commercial Capital on behalf of The S.Hekemian Group. The 40,000-square-foot industrial asset is part of a $50 million project underway.
New Disney Resort Scores $218M in Construction Financing
The capitalization comprises both senior and mezzanine debt and was arranged by a partnership of Walker & Dunlop Miami and SRF Ventures Inc.
Bloomfield Capital Funds Retail Loan
A Nashville, Tenn., real estate development firm sponsored a $3.2 million senior bridge loan for the refinance and renovation of a 30,000-square-foot retail center in greater Nashville.