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Archive for the Category ‘Finance’

Wells Core REIT Acquires 201 KSF Maryland Office Building

Wells Core REIT Acquires 201 KSF Maryland Office Building

Wells Core Income REIT has acquired the Franklin Center, a 200,600-square-foot office building in the Baltimore submarket of Columbia, Md., from Principal Real Estate Investors.

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Snaps Up $167M in Skilled-Nursing Facilities

Griffin-American Healthcare REIT II picked up $166.5 million worth of commercial real estate from the partnership of Westport Capital Partners and Reichmann International Development in the form of 10 skilled-nursing facilities across the Southwest.

Walker & Dunlop Provides $164M in Freddie Financing for Connecticut Multi-Family Properties

Walker & Dunlop Provides $164M in Freddie Financing for Connecticut Multi-Family Properties

Walker & Dunlop L.L.C. has come through for Principal Management Partners with a $163.8 million loan package for the refinancing of a four-property apartment portfolio in Connecticut.

Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing

Scion Group, Arch Street Capital Get $52M in Acquisition Financing for Texas Student Housing

Aided by $52 million of financing placed by Holliday Fenoglio Fowler L.P., The Scion Group and Arch Street Capital Advisors have snapped up two student housing properties in Texas.

ULI: Emerging Trends in Europe Bearish for ‘12

ULI: Emerging Trends in Europe Bearish for ‘12

“Debt” is going to be the name of the game for the European real estate markets in 2012, according to Emerging Trends in Real Estate Europe 2012, the industry forecast published by PwC and the Urban Land Institute.

Morgan Group Refis Five Multi-Family Properties for $146M

Morgan Group Refis Five Multi-Family Properties for $146M

The Morgan Group, a company focused on development, construction and property management of luxury multi-family properties, has arranged financing of $146 million on behalf of its affiliated investment partnerships.

San Diego State Student Housing Refi’d for $56M Through AIG

San Diego State Student Housing Refi’d for $56M Through AIG

Acting on behalf of AIG, Holliday Fenoglio Fowler has obtained a $56 million loan for Sterling Collwood, a premier student-housing property near San Diego State University.

Griffin-American REIT II Makes $174M, 11-Property Pickup

Griffin-American REIT II Makes $174M, 11-Property Pickup

Continuing in its quest for “stabilized assets that show cash flow above and beyond rent,” according to president & COO Danny Prosky, the newly minted Griffin-American Healthcare REIT II has made an 11-property pickup for $174 million.

Nine-Property Seattle M-F Portfolio Gets $155M Freddie Refi

Nine-Property Seattle M-F Portfolio Gets $155M Freddie Refi

Financing to the tune of $155.3 million has been put in place for a 2,184-unit apartment portfolio in metropolitan Seattle by CBRE on behalf of owners Holland Partner Group and Invesco.

Canadian REIT CANMARC Buys Three Properties for $213M

Canadian REIT CANMARC Buys Three Properties for $213M

Less than two years after CANMARC Real Estate Investment Trust completed its initial public offering, there appears to be no end in sight to its shopping spree. The REIT has committed to the purchase of three commercial properties across Canada for a total $213 million investment.

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