Deutsche Bank
Turnbridge JV Acquires Mixed-Use Long Beach Asset
The new owners are planning to retain all current tenants of the property while pushing forward with a redevelopment strategy.
Brookfield Scores $465M Downtown Los Angeles Office Refi
The loan on the 50-story Gas Company Tower marks the investor’s second CMBS refinance in the city center in the past six months.
Beyond Meat Inks 281 KSF Lease in Los Angeles
Valued at $178 million, the lease involves the makeover of a vintage industrial property.
PGIM JV Sells San Francisco Asset for $166M
Deutsche Bank provided acquisition financing, county records show.
Aligned Closes $1B Credit Facility—With Green Strings Attached
The terms of the facility are pegged to the data center provider’s performance on sustainability metrics.
Silicon Valley Office Asset Obtains $155M Refi
Sansome Partners and Hunter Properties have secured CMBS debt for the second phase of the 1.7 million-square-foot Coleman Highline development that is fully occupied by streaming platform Roku.
5 Markets With the Greatest Vacancy Loss
Metro-level vacancy rates dropped by at least 170 basis points, more than four times the national average.
Willis Tower Achieves LEED Platinum
The property owner plans to wrap up $500 million in capital improvements to the country’s second-tallest office building early next year.
Newmark Knight Frank Secures $130M Loan for Fort Lauderdale Resort
A brokerage team secured the floating-rate financing for the 481-key property formerly known as The Yankee Clipper.
Landmark San Francisco Tower Draws $350M Loan
On behalf of Kylli Inc., JLL arranged the refinancing of a historic 580,000-square-foot office property in the city’s Financial District.