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• Pacific Partners Residential Secures $40 Mil in Construction Money for Two Res Developments
9/10/21
Pacific Partners Residential, an Idaho-based multifamily development firm, has obtained $39.65 mil in construction financing for the development of Redpoint Apartments, a 192-unit market-rate multifamily community in Redmond,...
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• Riaz Capital Introduces Its Third Opportunity Zone-Compliant Development Fund
9/06/21
Riaz Capital, a Bay Area-based development and management company, has unveiled its latest opportunity zone-compliant development fund, focused on housing for the Bay Area’s underserved urban workforce.
The Ozone III fund,...
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• Bay Area Industrial Campus Lands $220 Mil Refi
9/03/21
Pacific Commons South, a 1.9 msf property in one of the top-performing industrial markets in the San Francisco Bay Area, has just been refinanced with a new loan for $220 mil. The property, owned by a venture between Overton ...
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• InTrust Property Group Buys 208 Res Units in Glendale, AZ
9/01/21
InTrust Property Group recently picked up two multifamily properties totaling 208 units in Glendale, AZ. Acquisition of the properties, the Sunflower and Veranda Apartments, was financed with a loan of $29.36 mil.
Located at...
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• Tower Capital Arranges Over $100 Mil in Financing on Four Build-for-Rent Developments
8/26/21
Tower Capital arranged nearly $108 mil in combined financing for four single-family, build-for-rent (BFR) developments in two states. The larger of the transactions involve Empire Group’s development plans in Metro Phoenix fo...
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• Dansons LLC Buys 204k sf Scottsdale Office Property
8/25/21
Dansons LLC has acquired Gainey Ranch Corporate Center II, a 203.6k sf, Class A office property in Scottsdale, AZ. The purchase was financed with a new loan for $29.175 mil that was arranged by JLL.
Gainey Ranch Corporate Ce...
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• BH Properties Provides $5 Mil in Debtor-In-Possession Financing to California Nevada Methodist Homes
8/24/21
BH Properties has provided continuing care, senior living housing owner and operator California Nevada Methodist Homes (CNMH) with $5 mil in debtor-in-possession (DIP) financing to fund day-to-day operations until regulatory ...
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• Student Housing Project at Washington Community College Lands $32 Mil Refi
8/17/21
A newly completed, privately-built, off-campus student housing mixed-use project adjacent to Edmonds College, a community college in Lynnwood, WA, was just refinanced with a new loan for $32.5 mil. The financing was arranged ...
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• Singerman Real Estate and Darnell Capital Secure $23 Mil for Development of a Senior Housing Community in Rolling Hills Estates
8/13/21
Singerman Real Estate and Darnell Capital have obtained $23 mil in construction financing for, a to-be-built, 87-unit, assisted living and memory care community. The project is located in Rolling Hills Estates, on the Palo Ve...
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• Washington Holdings Buys 378k sf San Jose R&D Campus
8/09/21
Seattle-based real estate investment firm Washington Holdings has acquired RioTech R&D Park, a Class A R&D campus in San Jose. The property is centrally located in the North San Jose submarket with immediate access to mass tr...
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• Gantry Arranges $120 Mil of Financing in Four Self-Storage Deals
8/02/21
Gantry arranged $120 mil of new commercial mortgages in four transactions across nine self-storage assets. Permanent loan solutions were tailored to each asset, which were each unique in their phase of construction, redevelop...
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• Commercial Real Estate Financing Briefs
7/22/21
GANTRY - Mitchell Zeemont and Tony Kaufmann with Gantry secured a $44.25 mil loan for a single-tenant life sciences building located in the East Bay’s Emeryville submarket. The 67k sf building is 100%t occupied by a publicly ...
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• Archway Capital Expands Its Lending Platform and Its Exec Team
7/20/21
Archway Capital has expanded its lending platform to include first mortgage debt, mezzanine capital, as well as preferred and CO-GP equity between $3 mil and $15 mil secured by performing and non-performing residential and co...
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• Pico Rivera Retail Center Lands $23 Mil in Financing for Renovation Work
7/15/21
Crossroads Plaza Shopping Center, a 140.2k sf, grocer shadow-anchored retail center in Pico Rivera, is about to undergo a significant renovation that will include the construction of an additional 12k sf of shop space. The wo...
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• San Mateo Office Campus Lands $159 Mil in New Financing
7/13/21
Clearview Business Park, a six-building creative office campus located in San Mateo, was refinanced with a $159.3 mil loan originated by Square Mile Capital Management LLC. The loan was made to Hines and an institutional join...
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• Mesa West Capital Originates $187 Mil on Trio of Res Properties
7/09/21
We’ve got $187.5 mil in first mortgage financing deals on communities in Chicago, IL; Phoenix, AZ and Portland, OR to report. The three financings were all originated by Mesa West Capital.
In one of the deals, Mesa West Capi...
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• Rexford Industrial Realty Increases Borrowing Capacity of Revolving Credit Facility by $200 Mil
7/02/21
Rexford Industrial Realty has exercised the accordion option of the company's existing unsecured revolving credit facility and increased the borrowing capacity by $200 mil, from $500 mil to $700 mil. All other material terms...
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• Commercial Real Estate Financing Briefs
6/30/21
CBRE - Mark McGovern and Brian Cruz of CBRE’s debt and structured finance team have arranged a $28 mil loan for the refinancing of 500 Ygnacio, an office property in Walnut Creek. Located at 500 Ygnacio Valley Rd, the 105.5k ...
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• Trion Properties Launches Its Third Multifamily Investment Fund
6/25/21
Trion Properties has announced the launch of Trion Multifamily Opportunity Fund III LLC, its third investment fund vehicle. The fund, which will target $75 mil in equity to deliver $175-200 mil in buying power, will primarily...
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• American Life Lands New Financing of $122 Mil on Seattle Office and Hotel Asset
6/25/21
American Life Inc has secured $122.7 mil in refi money on 255 South King Street, a 717.7k sf office and hospitality asset in Seattle. The loan was arranged by Cushman & Wakefield and provided by PCCP.
255 South King Street i...
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