Capital One
Gramercy Lands $400M Syndicated Term Loan
Capital One also was the sole lead arranger, sole book runner and administrative agent. The loan has replaced a previous $175 million term loan that was closed in December 2015.
Report Explores Technology’s Role in CRE Trends
Possibilities include wi-fi ads, multi-building green planning, even drone high-rises. The bank’s latest report details what’s still to come and what the industry’s disruptors will be.
Capital One Provides $311M to Recap MOB Portfolio
The financial services company came through for the borrowers—an institutional investor and a joint venture between Kayne Anderson Real Estate Advisors and MB Real Estate Healthcare—arranging two loans for the recapitalization of 28 medical office buildings totaling 1.5 million square feet.
ASB JV Nabs Brooklyn Warehouse Complex
The two-building industrial asset is located in Brooklyn’s Sunset Park neighborhood and includes 21,000 square feet of surface parking.
Medical Office Portfolio Commands $230M
MedProperties Holdings is the new owner of 17 multi-state Harrison Street health-care assets totaling 620,000 square feet. The transaction marks the company’s single-largest acquisition in terms of purchase price, number of properties and total square footage.
Disruption in the Middle Market: CRE Report
A survey of senior company executives found that commercial real estate firms are more likely to be among those less prepared to deal with “disruptive” technologies.
Capital One Shells Out $46M for Office Campus Acquisition
Earlier this year, U.K.-based AstraZeneca sold its U.S. headquarters in New Castle County to an affiliate of Delle Donne & Associates in a deal valued at $50 million, or $48.47 per square foot.
LA-Area MOB Lands $51M Refi
Capital One secured the loan on behalf of TriStar Realty Group. The 120,000-square-foot asset is the first new medical office building to open in the area within the last 20 years.
Suffolk to Head Construction of Coney Island Development
The company was tapped by Cammeby’s to oversee construction of a 42-story residential tower, parking, a 50,000-square-foot community facility and more than 100,000 square feet of retail space.
Carter Validus Grabs Largest Data Center in Connecticut
In addition to the data center, the REIT bought four health care facilities in Illinois and Texas, the purchase price for all five properties being over $141 million.