Iberia Bank
Jernigan Capital Lands Expanded, Extended Credit Facility
The self-storage owner/lender’s new credit facility adds $140 million to its predecessor’s total value, more than a year to its maturity and three new banks to the lending syndicate, all while trimming credit spreads.
TerraCap’s Value-Add Play Wins Big in Atlanta
The firm sold Chastain Center in Kennesaw, Ga., for $46.1 million, after spending more than three years renovating the property.
Ashkenazy Acquisition Closes $125M Deal in Suburban New York
The company had been eyeing the family-owned retail property for more than 15 years because of its location and tenant demand.
TerraCap Purchases Charlotte Office Portfolio for $59M
The three buildings contain nearly 340,000 square feet of Class A space in the city’s University submarket.
TerraCap Management Expands DFW Presence
Griffin Partners worked with CBRE to sell the roughly 368,000-square-foot, Class A Preston Park Financial Center in Plano, after more than a decade of ownership.
Nektar Therapeutics Trades AL R&D Facility
The building, constructed in 2000, is part of Huntsville’s Cummings Research Park and contains more than 50,000 square feet of office, laboratory, production and research space.
Mission Capital Arranges Acquisition Financing for Houston Hotel
The New York City-based company arranged a $15.3 million acquisition loan for the 120-key Staybridge Suites Houston—Medical Center in Houston.