Newmark, New York, arranged a $210 million financing facility for a 904-key portfolio of four under construction and soon-to-be-delivered citizenM hotels.
Tag: Dealmaker
Dealmaker: Gantry Completes $267M Financing for Four Medical Office Facilities
Gantry, San Francisco, secured $267 million in permanent financing, including a construction-to-permanent loan, for a four-building portfolio of single-tenant medical office properties leased to the Department of Veterans Affairs.
Dealmaker: Institutional Property Advisors Completes Boca Raton Office Sale
Institutional Property Advisors, Ontario, Calif., sold a Boca Raton, Fla. office building for $9.5 million.
Dealmaker: Marcus & Millichap Completes $44 Million Multifamily Sale in Birmingham
Marcus & Millichap completed sale of The Hills at Hoover, a 320-unit multifamily asset in the Hoover submarket of Birmingham, Ala. The property traded for $44 million or $137,500 per unit.
Dealmaker: Northmarq Secures $27M for Office, Retail Properties
Northmarq, Minneapolis, secured $26.7 million to refinance office and retail properties in Virginia and California.
Dealmaker: Newmark Closes $53M Office Property Sale
Newmark, New York, sold Gilbert, Ariz., office property The Reserve at San Tan for $53.1 million.
Dealmaker: M&T Realty Capital Corp. Provides $99M in Utah, Virginia
M&T Realty Capital Corp., Baltimore, provided $98.6 million for multifamily properties in Utah and Virginia.
Dealmaker: Bellwether Enterprise Closes $24M in Minneapolis, Nashville
Bellwether Enterprise Real Estate Capital LLC, Cleveland, closed two loans totaling $23.6 million to finance an affordable transit-oriented housing development in Minneapolis and fully furnished short-term rental community in Nashville.
Dealmaker: GIC, Oak Street to Acquire STORE Capital in $14B Transaction
Singaporean sovereign wealth fund GIC and net lease investor Oak Street, Chicago, agreed to acquire net-lease real estate investment trust STORE Capital, Scottsdale, Ariz., in a $14 billion all-cash transaction.
Dealmaker: Sonnenblick-Eichner Arranges $82M in Key West
Sonnenblick-Eichner Co., Beverly Hills, Calif., arranged an $82.4 million fixed-rate first mortgage for the Ocean Key Resort & Spa in Key West, Fla.