Wells Fargo
C&W Secures $11M Loan for FL Business Park
The long-term, fixed-rate mortgage came with pre-payment flexibility and an interest-only period. The borrower, KEI Properties, purchased the asset for $14.5 million in 2016.
Miami’s 10 Tallest Office Buildings
Downtown Miami has grown into one of the largest financial districts in the U.S. According to Yardi Matrix data, the top 10 tallest office buildings are in Miami’s Brickell neighborhood.
Celebrating 30: Blackstone, Wells Fargo Make $23B Buy
We’re celebrating our 30th anniversary by highlighting some of the most significant events in commercial real estate’s history. This week: Blackstone and Wells Fargo’s mega-deal with GE Capital. Stay tuned for our weekly posts and follow along with us using the hashtag #CPETurns30.
Faros Lands $128M for 2 Pittsburgh Office Assets
HFF secured a five-year, floating-rate loan through Wells Fargo. The financing will be used for Nova Place, a 1.3 million-square-foot development, and 106 Isabella, a nearby vacant building.
HFF Closes Sale, Secures Financing for Austin Office Asset
The 251,143-square-foot building is situated along the Loop 360 corridor, within walking distance from San Clemente at Davenport and Davenport Village shopping centers.
Avison Young to Lease 250 E Ponce in Atlanta
The eight-story office tower is currently 84 percent leased to a diverse roster of tenants including Wells Fargo and Utility Associates.
Vornado Completes $500M NYC Refi
The 40-story office building is located in Midtown Manhattan at 330 Madison Ave. It’s the fourth Manhattan asset the REIT or an affiliate has refinanced in the last eight months.
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.
Quantum Capital Secures $50M Retail Refi
The loans will refinance a Walmart-anchored shopping center in Torrance, Calif. and four fully leased retail buildings in Beverly Hills, Calif.
HFF, Triad Close Sale of NC Office Portfolio
The two companies sold the four-building portfolio in the Greensboro area to a joint venture between CBL & Associates and a pension fund investor.
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