New York Life Insurance Company
Cardinal Point Soars Into South FL
CalSTRS traded the Class A, LEED Silver office building for nearly $50 million. The buyer plans to renovate the asset, which was built in 1983.
Preferred Apartment Communities Buys NC Office Tower
The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.
Hines JV Refinances Orange County Office Campus
The $144 million financing package will be used to retire existing debt and fund leasing efforts for the 452,203-square-foot Class A office asset.
HFF Arranges Loan for Mixed-Use Raleigh High-Rise
The residential and grocery-anchored retail property will be developed in two phases and will include 445 units, 61,000 square feet retail space and 257,000 square feet parking space.
Berkadia Secures $136M Financing for 2 FL Properties
The Yard at Ivanhoe is a mixed-used project in Orlando, being developed by Real Estate Inverlad, while Grand Boulevard Sandestin is a 469,000-square-foot town center located in Miramar Beach.
Downtown Ft. Lauderdale Office Asset Trades for $41M
The 342,465-square-foot property is currently 42 percent leased and is subject to a long-term ground lease owned by New York Life Insurance Co.
Pair of DC Office Buildings Receive $165M Financing
KeyBank Real Estate Capital has secured a seven-year loan for two refurbished Class A office assets in Washington, D.C.
Frost Bank Tower Lands $123M Refi
Earlier this year, the 33-story office property in Austin won The Outstanding Building of the Year Award for the Southwest region in the 1 million square feet category.
Denver Office Building Trades for $37M
Amstar purchased a seven-story, 131,000-square-foot property in the Cherry Creek submarket of Denver. The company is planning to invest nearly $2 million in various upgrades.
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