Finance
Google Regional HQ Gets a Financial Boost
Sterling Bay Cos. has refinanced a 10-story building that will serve as Google’s new regional headquarters.
Richard Walter: Banks are Back
Richard Walter, head of Bank Assetpoint and senior managing director, Promotory Interfinancial Network LLC, provides a perspective on banks’ interest in providing construction financing to commercial real estate.
Jason Mattox: Finding Investment Opportunities
Behringer COO Jason Mattox offers insights into where the real estate investment firm is finding opportunity and how it is achieving a competitive edge.
JANUARY ISSUE: Favorable Economy Drives 2015 Construction
Commercial building is on track to increase 15 percent in 2015, and multi-family housing to grow 9 percent in dollar value and 7 percent in units, says a recently released report by Dodge Data & Analytics.
Ivanhoe Cambridge, Callahan Capital Buy 2 Seattle Office Buildings for $280M
The deal gives the Montreal-based investment firm about 13 percent of downtown Seattle’s Class A office market.
CRE Investors Set Sights on Secondary and Sunbelt Markets
JLL’s Marisha Clinton says secondary markets such as Phoenix and Philly are gaining traction with investors seeking higher yields and now, they’re even turning their eyes toward the tertiaries.
Oyster Development, Tricon Get $144M in Financing for San Francisco Condo, Retail Development
A joint venture between Oyster Development Corp. and Tricon Capital will receive $143.5 million in financing for Rockwell, a new condo development located at 1634-1690 Pine St. in San Francisco.
Bucksbaum, Steiner Get $165M in Financing for Cincinnati Suburb Retail Center
A joint venture between Bucksbaum Retail Properties and Steiner + Associates, along with financial partner Mount Kellett Capital Management, received $165 million in construction financing for Liberty Center, a 626,791-square-foot retail town center development in Liberty Township, a northern Cincinnati suburb.
CBRE Secures $100M Loan for Netflix HQ in Silicon Valley
The Debt & Structured Finance team of CBRE Capital Markets has secured a $100 million construction loan for The Grove, in Los Gatos, Calif.
Metropolis Investment Holdings Gets $150M Loan for San Francisco Skyline Landmark
JLL’s Capital Markets has secured $150 million in refinancing for 345 California Center in San Francisco’s financial district.