Bank of America
KBS REIT Snares $1B Financing Commitment
BofA, Wells Fargo and U.S. Bank were the joint lead arrangers of the three-year facility, which marks the largest single financing transaction in the company’s history.
Kidder Mathews Adds New San Diego VP
Veteran broker Peter Quinn has joined Kidder Mathews’ San Diego office. In his new role, he will be responsible for the company’s investment properties.
HCI Acquires Tampa Office Asset
Gramercy Property Trust disposed of the 68,867-square-foot property located in Tampa’s Westshore business district. Bank of America North America is the sole tenant under a long-term lease.
Franklin Street Closes Major Credit Facility Expansion
The recast of the existing unsecured credit facility into the $1 billion facility is accompanied by a $200M private placement and extension of term loans.
BofA Sells NC Office-Industrial Portfolio
Alidade Capital acquired the four buildings, which offer more than 400,000 square feet of space within The Park—Huntersville, one of Charlotte‘s largest mixed-use developments.
Grandbridge Names New Head of Miami Team
Alex Haw’s background includes balance sheet originations, CMBS, debt capital markets and workouts in the real estate and energy sectors.
HFF Arranges Refi of Boston Hotel Portfolio
The commercial real estate services firm landed a 10-year CMBS loan for Distinctive Hospitality Group’s refinancing of three properties in the city’s suburbs.
Griffin-American REIT Acquires MOB Portfolio
The Fairfield County Medical Office Building Portfolio comprises two medical office buildings located in Stratford and Trumbull, Conn. Encompassing 80,000 square feet, the portfolio is 94.6 percent leased to 15 tenants.
Bank of America Grows in San Jose
Completed in 2001, Century Plaza II is a LEED Gold certified building ideally situated on 2.9 acres in Silicon Valley. The property is fully leased.
Entrada Snags DFW Office/Industrial Portfolio
HFF orchestrated a loan through Bank of America Merrill Lynch for the acquisition of the half-million-square-foot collection of seven properties.