Deals - National

Capital One Provides $311M to Recap MOB Portfolio
The financial services company came through for the borrowers—an institutional investor and a joint venture between Kayne Anderson Real Estate Advisors and MB Real Estate Healthcare—arranging two loans for the recapitalization of 28 medical office buildings totaling 1.5 million square feet.
Healthcare
CIT to Leave Reverse Mortgage Business
The sale of Financial Freedom, CIT’s reverse mortgage servicing business, and its $900 million portfolio is expected to close in the second quarter of 2018.
Finance
Grocery-Focused REIT Completes $1B Sponsor Buy
Phillips Edison's transaction has created the largest REIT exclusively focused on grocery-anchored shopping centers. The new entity has an enterprise value of roughly $4 billion.
Finance

News

Medical Office Portfolio Commands $230M

Deals

CenterSquare Spins Off from BNY Mellon