KeyBank
For KeyBank, It’s Location, Location and Credit
Andrew Lucca, head of the bank’s Income Property Group, on why market and submarket value will weigh more when accessing debt going forward.
Western Alliance Grows at Phoenix’s CityScape
Following the bank’s second expansion in less than two years, the downtown high-rise is close to full occupancy.
LaSalle Investment Sells Seattle Logistics Asset for $73M
The three-building complex previously sold for $38.7 million in 2013.
Cedarwood Cos. Debuts 1st Clearwater Storage Property
The developer financed the project with a $6.6 development loan from KeyBank in 2019.
Plymouth Industrial Closes $300M Unsecured Credit Facilities
The unsecured $200 million revolving facility and $100 million term loan have an accordion feature for an additional $200 million of borrowing capacity.
Mapping the New Lending Landscape
Insights from capital markets leaders on what to expect during the most challenging climate for real estate finance in recent memory.
Talonvest Arranges $56M in Loans for Self Storage Assets
The company brokered funds for 1784 Capital Holdings, Strategic Storage Trust IV and The William Warren Group.
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.
Solar Frontier Americas Secures Financing for Mustang Two Solar Project
The solar facility is currently under construction on a 1,400-acre site in Kings County, Calif., and is slated to begin commercial operation in 2020.
CoreSite Boosts Borrowing Capacity to $1.2B
The multi-lender arrangement extends the data center REIT’s debt maturity profile and expands its credit facility.