CIBC Supplies $102M Refi for SkyREM Industrial Portfolio

Real estate investment firm SkyREM has secured $101.8 million to refinance a 1.9 million-square-foot industrial portfolio across the East Coast, Commercial Observer has learned. CIBC provided the nonrecourse financing, which carries an initial three-year term with two one-year extension options. JLL Capital Markets’ Peter Rotchford, Steven Binswanger and Lucas Borges arranged the transaction on behalf […]