Finance

5000 Richmond Street

DH Property Holdings Obtains $175M for Philly Logistics Project

Walker & Dunlop arranged the financing for the last-mile development.

24 River Road. Image courtesy of CommercialEdge

Thor Equities Lands Refi for New Jersey Industrial Asset

Thorofare Capital provided the $26.6 million loan.

Office Properties Income Trust Secures $77M in Mortgage Loans

The financings align with the company’s plans to merge with Diversified Healthcare Trust.

Tishman Speyer, Silverstein Close $330M Refi for Manhattan Office Tower

The new loan replaces a previous $300 million debt commitment.

2 & 4 Westchester Park Drive. Image courtesy of JLL

Northpath Secures $18M Refi for 2 Office Buildings

JLL arranged the loan through Centreville Bank.

Terra Property Trust, Western Asset Mortgage Join Forces

Mavik Capital Management will externally manage the credit-focused REIT.

FourFoutyFour South Flower. Image courtesy of Coretrust Capital Partners.

Transaction Highlights: July 2023

A coast-to-coast roundup of noteworthy office and industrial deals.

One Eleven

Lincoln Property Lands $41M for Orlando Tower

Morgan Stanley provided the five-year loan.

503-511 Broadway

HSR Corp. Lands $58M for Manhattan Office Building

Morgan Stanley provided the fixed-rate loan.

100 Forge. Image courtesy of Boylston Properties

Boylston, J.P. Morgan Secure $150M for Boston Life Science Asset

Northwestern Mutual provided the note, which will retire a construction loan.