|
• Wood Investments Companies Secures $39 Mil in Refinancings on Two Idaho Retail Centers
8/15/23
Wood Investments Companies Inc has secured $39.1 mil in permanent loans for two prominent shopping centers in the Boise metropolitan area: Gateway Marketplace and CentrePoint Marketplace. Both shopping centers, situated in th...
|
• Kilroy Lands $375 Mil Financing on Del Mar Mixed-Use Campus
8/03/23
Here’s a quick brief on a major SoCal financing deal. Kilroy Realty Corporation has landed new financing of $375 mil on One Paseo, a world-class, mixed-use campus that spans across 36 acres located in San Diego’s vibrant subm...
|
• BWE Originates Freddie Mac Affordable Housing Financing on Five CA Properties
8/01/23
BWE closed five Freddie Mac Targeted Affordable Housing loans to refinance four affordable housing developments in El Dorado County, CA, and one in Sonoma County, CA. BWE’s Jon Killough and John Roberts originated the loans o...
|
• InTrust Property Group Locks Up $16.6 Mil Refi on Phoenix Res Property
7/31/23
InTrust Property Group has obtained $16.575 mil in financing for Sunset Sound Apartments, a 237-unit, garden-style apartment complex in Phoenix. The property is located at 2307 – 2323 East Van Buren St, just east of I-10.
Bu...
|
• Inglewood Owner Lands $24.5 Mil in Refinancings on Two Inglewood Properties
7/28/23
Two properties in the City of Inglewood were refinanced for a single investor in transactions totaling $24.55 mil. The properties area a single-tenant medical office building and a single-tenant industrial asset, both located...
|
• Newly Built AZ Res Community Refinanced with $53 Mil Loan
7/26/23
P.B. Bell has landed a $53 mil refi loan for Hangar at Thunderbird, a newly built 266-unit, 19-building apartment community in Glendale, AZ. The new financing was provided by PCCP LLC.
Hangar at Thunderbird is located at 153...
|
• Starpoint Properties Set to Begin Work on 245-Unit Multifamily Project in Mesa, AZ
7/19/23
Starpoint Properties has obtained $52 mil in construction financing for Dobson Station, a 245-unit multi-housing development set to deliver in 2024 in Mesa, AZ. JLL’s Jeff Sause, Wyatt Strahan and Elle Miraglia arranged the f...
|
• New Affordable Housing Project in L.A.’s Westlake North Area Lands $11.75 Mil in Permanent Financing
7/18/23
West Hollywood Community Housing Corporation has obtained $11.75 mil in forward permanent financing for Third Thyme, a 104-unit, affordable multi-housing community in Los Angeles. Third Thyme is situated on a 14.9k sf lot at ...
|
• Empire Group Secures $88.5 Mil for Development of 354-Unit BTR project in Phoenix
7/11/23
Tower Capital has arranged $88.5 mil in construction financing for a Build-to-Rent (BTR) community in the Phoenix market. The financing is for Village at Bronco Trail, a 354-unit project planned for development by Scottsdale-...
|
• Commercial Real Estate Financing Briefs
7/07/23
BANDON CAPITAL ADVISORS - Bryan Kenny with Bandon Capital Advisors arranged an $11.5 mil refi loan for a 3.11-acre covered-land industrial site with space for Industrial Outdoor Storage (IOS) in Costa Mesa, and secured $5 mi...
|
• BH Properties Introduces Affordable Housing Investment Initiative
7/07/23
BH Properties (“BH”) has launched a new investment initiative into affordable housing with a goal of ultimately building a $1 bil portfolio of assets. The new initiative will be led by veteran affordable housing executive Wi...
|
• Here’s a Quick Update on Two Hotel Financing Deals Worth Over $40 Mil
7/05/23
In recent hotel financing news, Tucson-based Khangura Development has obtained a $19.1 mil bridge loan for the Residence Inn by Marriott Phoenix Mesa East. The loan was provided by Dallas-based HALL Structured Finance.
Each ...
|
• Gantry Arranges $30 Mil in Two Recent Apartment Financing Deals
6/28/23
Here’s news of a couple of apartment financing deals, both arranged by Gantry. The deals – an acquisition loan in Tempe, AZ and a refi in Auburn, WA -- total $29.8 mil.
The larger transaction was a $17.7 mil acquisition loan...
|
• Prime Residential Lands $947 Mil Refi on L.A.’s Park La Brea Res Complex
6/27/23
Prime Residential has secured a $947 mil refi loan on Los Angeles’ historic Park La Brea, the largest apartment community on the West Coast. The financing, arranged by Newmark, is to retire existing debt. Freddie Mac expects...
|
• Dekel Capital Introduces Multifamily Credit Platform
6/23/23
Dekel Capital has launched a new credit platform offering multifamily owners and investors mezzanine and preferred equity capital between $2 mil and $10 mil for the acquisition and refinancing of assets throughout the United ...
|
• Bay Area Office Building Lands $11.3 Mil Refi
6/21/23
In a recent Bay Area office financing deal, a six-story, 83.6k sf multitenant tower in Berkeley was refinanced with a new permanent loan for $11.3 mil. The building, originally built in the 1960s, is currently home to more th...
|
• Riverside Shopping Center Lands $37 Mil in Financing
6/15/23
Regional Properties has obtained $37 mil in financing for Mission Grove Plaza, a 248.1k sf shopping center in Riverside. The property is located at 121 – 383 East Alessandro Blvd, east of I-215 at Trautwein Rd.
The 16-build...
|
• Blatteis & Schnur Secures $27 Mil to Build Spec Retail Project Along Santa Monica’s Third Street Promenade
6/14/23
Here’s news of a spec retail development along Santa Monica’s iconic Third Street Promenade. The three-story, 25k sf project is being developed by Blatteis & Schnur, who are replacing a 77-year-old mixed-used building that th...
|
• The McBride Cohen Company Secures $385 Mil in Debt and Equity for Construction of AZ Mixed-Use Project
6/14/23
The McBride Cohen Company has secured $385 mil in debt and equity for the construction of South Pier at Tempe Town Lake Phase I, a 737.6k sf, waterfront, trophy mixed-use project in Tempe, AZ. The development will include 724...
|
• Landmark Companies Lands $45 Mil for TX Res Development
6/14/23
Landmark Companies has secured $45 mil in construction financing for Arden at Corinth, a 296-unit multifamily project in Corinth, TX. The total project cost is $63.3 mil.
The project, a ground-up, Class A res development co...
|
Return to the Financing area