JLL arranges $296m refinancing for Chicago office tower
JLL Capital Markets has arranged a $296 million refinancing for 321 N. Clark, a 936,240-square-foot trophy office tower in Chicago's River North submarket. JLL worked on behalf of the borrower, a joint...
pbb provides €41m facility for Helsinki logistics centre acquisition
pbb Deutsche Pfandbriefbank has provided an investment facility of EUR 41 million to a property vehicle recently set up by Ness, Risan & Partners...
TPG Real Estate Partners closes TREP III fund at 3.7bn
TPG Real Estate Partners (TREP) announced its TPG Real Estate Partners III fund has secured over $3.7 billion of capital commitments and was oversubscribed....
Barclays to acquire UK mortgage lender Kensington for £2.3bn
Barclays Bank UK has agreed to acquire UK specialist mortgage lender Kensington Mortgage Company (KMC) for £2.3 billion. Barclays will acquire the residential mortgage lender...
HIG Realty provides €59m mezzanine financing to German storage platform
H.I.G. Capital's affiliate H.I.G. Realty has provided a €59 million mezzanine financing to Storage24, a German based business storage platform backed by 55 properties...
SL Green closes $510 million mortgage on 220 East 42nd Street
SL Green Realty Corp (NYSE: SLG), Manhattan’s largest office landlord, today announced that it has closed on a new $510.0 million mortgage financing secured...
ICSC applauds congressional letter to Treasury and Federal Reserve requesting assistance for CMBS borrowers
As the COVID-19 crisis continues to threaten the viability of the shopping center industry due to the closure of stores and restaurants, ICSC applauds...
Panattoni secures financing for Polish logistics project
Panattoni has secured a €67 million loan for the two-building Panattoni Park Poznań A2 project in Wielkopolska. The development is to be handed over...
Supermarket Income REIT completes debt refinancing
Supermarket Income REIT has completed a comprehensive debt refinancing exercise. The debt refinancing exercise involved the cancellation of two shorter-dated debt facilities, the reduction and...
UK logistics REIT secures new loan facility
UK industrial and logistics REIT Urban Logistics has secured a new loan facility. Urban Logistics entered into a £48 million loan facility with Aviva Investors....
