Finance
Transactions: November 2024
A coast-to-coast roundup of noteworthy office and industrial deals.
CMBS Issues Power Through Despite Rising Delinquencies
In a turbulent market, securitization is a port in the storm.
ULI Special Report: Bring on the Upcycle
Investors and non-bank lenders are ready for building, buying and selling to begin again.
Macerich Lands $525M for Queens Mall
The loan has the lowest refinancing rate the company has obtained since 2019.
Glenstar JV Recaps Chicago Office Complex in $62M Deal
This property will get about $16 million in capital improvements.
Grandview Partners, TRG Land $100M for Dallas Industrial Park
Delivered this summer, the buildings total more than 1.6 million square feet.
ULI, PwC Release 10 Emerging Trends for 2025
Concerns over interest rates and the cost of capital have moderated but still top the list of respondents’ economic worries.
Stream Realty Secures $63M for Chicago-Area Portfolio
JLL Capital Markets arranged the financing for the fully leased properties.
Cologix Raises $1.5B for Data Center Development
The build-outs will total 650 MW of capacity.
RED Development JV Secures $227M Refi for Dallas Tower
Salesforce and Invesco are among the property’s tenants.