Finance
Transactions: February 2025
A coast-to-coast roundup of noteworthy office and industrial deals.
Fed Leaves Interest Rates Alone
“We don’t feel like we need to be in a hurry to make any adjustments,” Fed Chair Powell said.
BKM Recapitalizes Las Vegas Industrial Center for $154M
The company partnered with StepStone Real Estate on the transaction.
Blue Owl JV Obtains $2.3B for Data Center Project
J.P. Morgan provided the financing in a deal arranged by Newmark.
DLC Management Lands $44M for Columbus Retail Duo
The financing package was provided by two banks in separate transactions.
Brennan Recapitalizes 1 MSF Portfolio Near Philly
High demand and tight supply continue to make the area an attractive market for existing industrial facilities.
Hines JV Obtains $191M for Research Triangle Development
New York Life Real Estate Investors provided the financing.
A New Dawn for CRE Investing?
Amid encouraging signs, some uncertainty lingers, according to panelists at a LaSalle Investment Management event.
Realterm Makes Lending Debut
The firm’s first loan finances an industrial outdoor storage portfolio.
AREP Gets Loan Extension on Philly Office Tower
The transaction also provides the owner with an increased lease funding line for the property.