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CPE’s February 2020 Must-Reads
Catch up on our most important stories, interviews and rankings for last month.
CIM Group Breaks Ground on First Phase of 2.7GW Solar Project
Westlands Solar Park is located in a designated Opportunity Zone in California’s San Joaquin Valley in western Fresno and Kings counties.
Los Angeles Office Project Lands $59M Loan
UBS Realty Investors provided construction financing for a 74,055-square-foot development near the Westside.
JOSS Realty’s $139M Silicon Valley Acquisition
The company is the new owner of Creekside @ 17, a Class A property in Campbell, Calif.
Lehigh Valley Industrial Park Lands $111M in Financing
Acting on behalf of an institutional joint venture, JLL Capital Markets placed a loan with Wells Fargo.
Nuveen Industrial Fund Raises $660M
The company has announced the first close of its U.S. Cities Industrial Fund, after participating in the purchase of a 100-building portfolio from Blackstone last year.
Chicago Industrial Portfolio Commands $154M
In one of the metro’s largest such deals this year, Venture One sold a collection of 28 properties across 11 of the metro’s 19 submarkets.
Lincoln Property Kicks Off 4.5 MSF Phoenix Project
The first phase of the Glendale industrial park includes 1.3 million square feet and has a $115 million price tag.
Q&A: Broadshore Ready for Opportunity to Knock
Co-CEO Bleecker Seaman III discusses lending strategy following the launch of the company’s Special Situations Debt Group and the challenges to consider going forward.
Fed Cuts Interest Rates as Virus Impact Spreads
The Federal Reserve joined the real estate industry in bracing for the COVID-19 crisis.