News

CBRE snags stake in experiential-oriented design specialist

CBRE has acquired a 50% interest in Streetsense, a privately-held strategy and design company, as part of a broader push


NY Life lends $226.8m on New York-area retail

New York Life Real Estate Investors has originated a $226.8m financing package for five retail centers in New Jersey and

Philadelphia CBD lures suburban tenants

Philadelphia’s CBD office market has seen an influx in office tenants moving from the suburbs and other nearby cities. “In



Prescient launches multifamily investment sub

Prescient, a technology design platform that aims to reduce the time and cost of constructing multi-unit housing, has launched a


ShopOne secures $325m senior credit facility

ShopOne Centers REIT, a private real estate investment trust that focuses on grocery-anchored shopping centers, has closed on a $325m


LaSalle raises £804m for debt fund

LaSalle Investment Management has raised £804m in the final close of its latest real estate debt fund, boosting its commitments


Clarion Partners launches DC office sale 

Clarion Partners has launched the sale of 1440 New York Avenue NW in Washington, D.C., and is hoping to garner bids of


Rubenstein, Northpoint renovate suburban D.C. towers

Rubenstein Partners and Northpoint Realty Partners have completed a significant redesign and renovation of 2461 Eisenhower Avenue, an office and


Will rising CLO market replace floating-rate CMBS?

Commercial real estate collateralized loan obligations could eventually replace the floating-rate commercial mortgage-backed securities market – as long as interest


Värde Partners markets two performing loan portfolios

Värde Partners is marketing a $48m sub-debt portfolio along with a $31.4m senior mortgage loan portfolio, via HFF. “These are well-performing loan portfolios


CMBS rally drives mortgage rates tighter

A rally in the commercial mortgage-backed securities market has pushed mortgage rate spreads tighter, according to Cushman & Wakefield’s equity,


News in brief: TH Real Estate snags New York mixed-use

TH Real Estate snags New York mixed-use TH Real Estate has acquired the office and retail condominium units of 86


PGIM lends $275m on SF multifamily

PGIM Real Estate Finance, the commercial mortgage finance business of PGIM, has provided two new loans totaling $275m to refinance




Square Mile lends $136m on SoCal multifamily refi

Square Mile Capital Management has originated a $136m bridge loan to refinance Jefferson Platinum Triangle, a 400-unit multifamily property in


VEREIT to sell Cole Capital

VEREIT has struck a deal to sell Cole Capital to an affiliate of CIM Group, according to a press release.


California owner locks in low-cost apartment debt

G.H. Palmer, a Beverly Hills-based commercial real estate company, has obtained a $266.7m loan to refinance debt on a four-property


Investors circling Los Angeles’ Television City complex

A handful of well-capitalized investors are reportedly circling around the CBS Television City complex in Los Angeles, which CBS Corp.


DMG lines up N.J. construction loan

DMG Investments has lined up a $71.6m construction loan from AIG for a luxury New Jersey condo development. The investment