Newmark Group has arranged a $400 million credit facility for PORT 32 Marinas to refinance its existing portfolio of coastal marinas, and to fund the future acquisition of marinas. Newmark’s Jordan Roeschlaub, Chris Kramer and Jonathan Firestone arranged the financing, which was provided by…
KISCO Senior Living obtained a $71.3 million refinancing of the Abbotswood at Irving Park, a senior living community in Greensboro. Berkadia’s Austin Sacco, Steve Muth, Garrett Sacco and Alec Rosenfeld of Berkadia Seniors Housing & Healthcare, secured the financing through…
A team of developers has obtained a $32.8 million loan to refinance Eastborough at San Marco, a new, stabilized 226-unit multifamily community in Jacksonville. Philip Rachels, Jeff Kinney and Connor O’Sullivan with CBRE Capital Markets’ Debt & Structured Finance in Jacksonville secured…
CBRE arranged a $171.4 million loan to refinance the “Southeast Grocery-Anchored Portfolio” (Portfolio), which includes eight properties located throughout Tennessee, Kentucky, Georgia and Florida. The portfolio totals nearly 1.2 million square feet of retail space and was 96.6% leased at…
CBRE Capital Markets’ Debt & Structured Finance group secured a $37.75-million loan to refinance 101 Redwood Shores, a Class A office building located in Redwood City. EVP Mike Walker and Brad Zampa of CBRE’s Northern California Capital Markets Institutional Properties team represented the sponsor, Diamond Investment Properties. A…
Galerie Living has obtained a $140 million refinancing of the Corso Atlanta, a 203-unit seniors housing community located at 3200 Howell Mill Road in Atlanta. Newmark’s Healthcare & Alternative Real Estate Assets group secured the 10-year Freddie Mac senior loan,…
Retail REIT Macerich has refinanced Queens Center in the borough’s Elmhurst neighborhood at highly favorable terms with a new $525-million loan bearing fixed interest of 5.37% and interest-only payments during the entire term. “5.37% is the lowest rate on a…
West Shore, with the help of Newmark, refinanced nine Class A, Garden-style multifamily properties across the Sunbelt. Three properties were in South Carolina, two in Florida, and one each in Georgia, Tennessee, Kentucky and Texas. The portfolio includes 2,806 units…
Tishman Speyer said Friday it had refinanced the Rockefeller Center campus via a $3.5-billion CMBS loan. Reportedly it’s the largest CMBS issuance ever for a single office asset. Bank of America and Wells Fargo served as co-lead managers on the…
CH Realty Partners secured a $50 million loan to refinance its 150,000-square-foot industrial facility in the Greenville-Spartanburg market. The facility, located at 260 Midway Dr. Union, South Carolina, was a build-to-suit designed for bio-tech company MycoWorks. The refinancing with 3650…
End of content
End of content
