Bank of America
Merrill Lynch’s New Jersey Campus Commands $95M
American Real Estate Partners and Independencia Asset Management have sold the three-building property they had owned since 2013.
Atlas Capital Group Closes Los Angeles Value-Add Acquisition
Formerly occupied by Bank of America, the 315,000-square-foot office building in Pasadena, Calif., will be repositioned as a multi-tenant property.
CMBS Late Payments Starting to Mushroom
The scope of delayed payments is expected to increase for loans secured by certain asset types, according to data released by the CRE Finance Council.
Hanley Investment Closes Minneapolis Retail Deal
Executive Vice Presidents Jeff Lefko and Bill Asher assisted the seller, TOLD Development Co.
Americold Refinances $1.2B+ Unsecured Credit Facility
The transaction expands the REIT’s borrowing capacity and reduces its cost of capital, while extending debt maturities and increasing liquidity.
Lightsource BP Secures Financing for 260MW Solar Project
Impact Solar, a project of Swinerton Renewable Energy, is already under construciton in Lamar County, Texas.
Simon Property Boosts Credit Revolver to $6B
The company’s move comes in the context of a very active first quarter for both acquisitions and development.
Avison Young Closes $20M Los Angeles Retail Sale
Principals Chris Maling and David Maling worked with both the buyer and seller of the nearly 130,000-square-foot property.
Pier 1 Files for Bankruptcy, Looks for Buyer
In the process, the home furnishings retailer will close as many as 450 locations.
DC Office Portfolio Scores $31M Loan
Savills represented the borrower and secured a 10-year CMBS mortgage from Bank of America.