Bank of America
DivcoWest Buys $610M Menlo Park Office Portfolio
Eastdil Secured provided the buyer with more than $320 million in acquisition financing from Bank of America.
World’s Biggest Banks’ Uneven Ways in Project Financing
Between 2016 and 2018, 33 large U.S. and European banks provided more than $1.9 trillion to fossil fuel companies. Yet at least two leading lenders will stop funding such projects after 2019.
Inland Private Capital Sells Albuquerque Office Building
After a decade of ownership, the REIT sold the 76,768-square-foot property for $9 million.
Seattle Office Park Lands $110M Refi
Lionstone Investments and Talon Private Capital will use the loan to retire a $77.5 million existing financing from Prudential Financial.
Investcorp, Schnitzer West Sell Denver Office Portfolio for $78M
The two Class A office buildings previously traded in 2016 for a little over $60 million.
Industrial Logistics Properties Scoops Up $350M in Financing
The fixed-rate mortgage is secured by 11 industrial properties totaling about 8 million square feet.
Katten Leases 125 KSF at Historic NYC Building
The law firm will occupy five floors of the 516,300-square-foot office tower in Midtown Manhattan.
Baltimore Office Building Trades for $99M
Inland Private Capital Corp. sold the Bank of America-occupied asset in the suburb of Hunt Valley.
Hines Sells North Florida Office for $42M
The newly constructed, 120,407-square-foot development in Jacksonville is McKesson Corp.’s headquarters. The company signed a full-building lease in 2018.
Park Hotels Lands $950M in Financing for Chesapeake Acquisition
The previously announced merger between the two REITs is expected to close by the end of the month.