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MMCC Arranges $6.8M Acquisition Loan for Office Property in BaltimoreBALTIMORE — Marcus & Millichap Capital Corp. (MMCC) has arranged a $6.8 million acquisition loan for an office property located at 1520 S. Caton Ave. in Baltimore.
BioMed Hands Boston Lab, Office Property To LenderThe lenders on a two-building lab and office complex in Boston's South End have taken over ownership from life sciences giant BioMed Realty.
Beyond the Flight to Quality: The Office Questions That Aren’t Being AskedThe conversation surrounding office real estate often gets stuck on the same-old, same-old: remote work mandates, flight-to-quality trends, and peak interest rates.
Rialto, Hines Refi 295 Fifth With $229M LoanA joint venture consisting of PGIM, Tribeca Investment Group and Meadow Partners has landed a $228.9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neighborhood.
Landmark Textile Building Refinanced for $229MWalker & Dunlop, Inc. arranged $228.9 million in financing to refinance 295 Fifth Ave., a newly redeveloped, 19-story Class A office tower in Manhattan’s Midtown South submarket.
Representative imageAxonic Capital Receives $72M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — Investment management firm Axonic Capital has arranged a $72 million senior loan for the refinancing of the leasehold interest of 430 Park Avenue, a 19-story office building in Midtown Manhattan.
Hudson Bay Capital Supplies $60M Refi for Redeveloped N.J. Office CampusA joint venture between Somerset Development and HIG Capital has sealed a $60 million loan to refinance a repurposed New Jersey mixed-use office campus that will soon be home to sandwich chain Jersey’s Mike’s headquarters, Commercial Observer has learned.
StreetLights Advancing Apartment Venture at Former Plano Office CampusStreetLights Residential has secured $54 million in equity, along with $111.5 million in construction loans, for a new 22-story Plano apartment complex expected to open in 2029.
Slatt Capital Arranges Life Company Loan for Rohnert Park OfficesSlatt Capital arranged a $12,000,000 non-recourse acquisition loan for a 68,094-square-foot multi-tenant office building located at 5900 State Farm Dr. in Rohnert Park.
Revealed: The Banks Powering Private Credit's CRE Lending BoomMichael Lavipour still remembers the bank office where executives laughed him out of the room. It was 13 years ago, and the head of lending for Affinius Capital was on the hunt for a credit facility to support the investment management firm’s real estate...
Tristan Lends Goldman And Edge JV £340M To Complete London OfficeTristan Capital Partners has provided £340M in senior real estate debt to a joint venture between Goldman Sachs Alternatives and Edge Technologies to refinance the existing construction facility and fund the remaining costs to complete Edge London Bridge. Edge...
Jemal Equities Refinances D.C. Office Building With $27M CMBS LoanJemal Equities has landed a $27 million commercial mortgage-backed securities loan for 1750 H Street NW in Washington, D.C., Commercial Observer has learned.
JLL Arranges $352M Loan for Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — JLL has arranged a $352 million loan for the refinancing of 425 Lexington Avenue, a 750,000-square-foot office building in Midtown Manhattan.
MMCC Arranges Financing for Northridge OfficesMarcus & Millichap Capital Corporation (MMCC) arranged $5.7 million in financing for a 48,954-square-foot office property located at 9221 Corbin Ave. in the Northridge neighborhood of Los Angeles.
MMCC Arranges $5.7M in Financing for Office Property in Los AngelesLOS ANGELES — Marcus & Millichap Capital Corp. (MMCC) has arranged $5.7 million in financing for an office building located at 9221 Corbin Ave. in the Northridge neighborhood of Los Angeles.
Newmark Arranges $515M Refinancing of Midtown Manhattan Office BuildingNEW YORK CITY — Newmark has arranged the $515 million refinancing of 31 West 52nd Street, a 785,000-square-foot office building in Midtown Manhattan.
Rithm Capital Lands $515M Financing for Midtown Office TowerCushman & Wakefield and Newmark announced that their respective Equity, Debt & Structured Finance teams advised Rithm Capital in securing $515 million in fixed-rate financing for 31 W. 52nd St., a 29-story, 785,000-square-foot office tower in Midtown Manhattan.
Rithm Capital Chips In $73M To Refinance Midtown Office LoanRithm Capital Corp. is coughing up a pretty penny to refinance another substantial mortgage it inherited when it acquired Paramount Group last year.
Obra Supplies $31M Refi on Arizona Northrop Grumman-Leased Office PropertySilver Creek Development has secured $31.4 million of bridge debt to refinance a single-tenant office complex in suburban Phoenix, Commercial Observer has learned Obra Real Estate provided the loan for the developer’s 2021-built office property at 1715 West Elliot Road in…
Stonelake Lands $135M Refi on Domain TowerStonelake Capital has closed on a $135 million refinancing for Domain Tower 2, a 332,000 square foot office tower that rises 24 stories in Austin’s Domain district. The loan was issued by Barings. Commercial Search reports JP Morgan held the previous, 2023-originated debt.