Jubao Xie

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    While office buildings consume 19 percent of U.S. energy, according to the American Council for an Energy-Efficient Economy, other sectors are also seeking retrofit financing. But some property types are easier to finance than others.

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    In addition to receiving investments from Altus Group and Real Capital Analytics, the company named Doug Prickett as global CEO, overseeing the continued development and expansion of the Mango REIX and SiiLA products.

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    The new loan on the 280 Park Ave. office building, now 97 percent leased following its emergence from a sweeping $150 million renovation, replaces the $900 million refinancing secured in 2016.

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    The company purchased the 405-key hotel and plans on implementing a $25 million renovation program. CommonWealth Lodging Management, Lingerfelt's hotel management affiliate, will operate the hotel.

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    Newmark Knight Frank represented Industrial Property Trust in the leasing of Perris Distribution Center, a Class A industrial building slated for LEED Silver certification.

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