Finance
Crow Holdings, Panattoni Secure $252M for Seattle-Area Megaproject
PCCP LLC provided the construction financing.
Healthpeak Properties, Physicians Realty Trust Strike $21B Merger Deal
The transaction is expected to close in the first half of 2024.
Dallas Facility Lands Financing for $110M Redevelopment
InterBank provided the loan for the property’s makeover as a life science facility.
Dismal Lending Year to Turn Up in ‘24
Columnist Lew Sichelman takes a close look at projections from the Mortgage Bankers Association.
3650 REIT Provides $72M Retail Acquisition Loan
The financing supports Cane Cos. Management’s acquisition of a suburban Sacramento power center.
IDS Lands $84M for LA Industrial Property
PGIM provided the post-close acquisition financing.
Big V Secures $125M Refi for Nashville-Area Shopping Center
JLL Capital Markets arranged the five-year loan.
Office Shows Biggest Uptick in CMBS Special Servicing
The rate for this asset category just hit a peak that it hasn’t reached since 2017.
Columbus Pacific Lands $40M Refi for Orange County Retail Asset
Morgan Stanley provided the loan.
Debt Markets Remain Open to the Data Center Industry, Says EdgeCore SVP
The asset class is a CRE bright spot, according to data center finance expert Julie Brewer.