Finance

Nashville-Area Industrial Building Lands $18M Loan

Mission Capital refinanced existing debt on a fully occupied, recently upgraded industrial property, Interchange Business Center, a 792,000-square-foot building in La Vergne, Tenn.

Industrial

Belay Investment JV Bets $70M on Portland

Belay Investment Group and L&L Investment Partners plan to purchase and reposition Portland office, multifamily and mixed-use properties. As its first investment, the JV acquired an asset comprising two 1940s-era warehouses in the city's Guild’s Lake submarket.

Industrial

NorthMarq Capital Buys SLC Mortgage Banking Firm

The Utah-based Western Capital Realty Advisors has completed more than $4 billion in commercial real estate debt and equity transactions. This acquisition marks NorthMarq’s 37th office.

Office

Regions

Change City

Natixis Provides $35M Financing for Retail Center Acquisition

Colliers International arranged the financing used for the purchase of a 276,333-square-foot shopping center in Arlington Heights, Ill. The loan will be granted in two tranches.
Chicago 26 June 2017 11:20
Santa Ana Office Park Trades for $32.8M

Benchmark Holdings purchased Alton Deere Plaza from TA Associates Realty. At the time of sale, the two-building, 185,245-square-foot property was 96 percent occupied.
Los Angeles 23 June 2017 12:40
Houston Office Tower Lands $164M Refi

JLL’s Tom Melody and John Ream procured the mortgage on behalf of the joint venture ownership, while Goldman Sachs provided the financing.
Houston 23 June 2017 09:12
Will Lenders Roll Out the Welcome Mat for Hotel Investors?

Insights on what's ahead for the hospitality sector in the capital markets, from a finance veteran and president of the Continental Partners mortgage banking firm.
National 22 June 2017 17:29
Disneyland-Area Sheraton Lands $21M Financing

Continental Partners has secured a five-year, fixed-rate loan for the 285-key Sheraton Garden Grove-Anaheim South Hotel. The financing will also serve to pay off a mezzanine loan.
Orange County 22 June 2017 14:48
Non-Traded REITs: Go Mainstream or Die

Fundraising for the sector fell in 2016 due to the combination of impending regulatory changes and lackluster performance, notes Yardi Matrix Associate Director of Research Paul Fiorilla. The sector must continue to lower fees and improve liquidity to attract new investors.
National 21 June 2017 15:43
Texas Shopping Center Lands $13M Refi

JLL secured the loan for Forum at Soncy, a 64,914-square-foot, Class A retail center in Amarillo. The retail asset is currently 93 percent leased.
South 20 June 2017 15:12