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.
Tag: Dealmaker
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.
Dealmaker: Eastern Union Arranges $7M for Alabama Retail Center
Eastern Union, New York, arranged $7 million in financing for Baltimore-based CityWide Properties to acquire Crestwood Festival Centre, a shopping center in Birmingham, Ala.
Dealmaker: Mesa West Capital Provides $49M in Palm Beach County
Mesa West Capital, New York, provided $49.2 million in first mortgage debt to recapitalize Monteverde at Renaissance Park in Palm Beach County, Fla.
Dealmaker: Grandbridge Arranges $48M For Seniors Housing, Multifamily
Grandbridge Real Estate Capital, Charlotte, secured $47.9 million for seniors housing and multifamily properties in North Carolina, Minnesota and North Dakota.
Dealmaker: Berkadia Arranges $58M Construction Loan in Miami
Berkadia, New York, arranged $57.5 million in construction financing for Fourteen Residences Allapattah, a two-tower, 237-unit Miami apartment community.
Dealmaker: Rexford Acquires $339M in Industrial Assets
Rexford Industrial Realty, Los Angeles, acquired seven industrial properties for $338.9 million.
Dealmaker: Capital One Closes $30M Virginia Refinance
Capital One, McLean, Va., provided $29.4 million in financing to Fairfield Residential, San Diego, Calif., to renovate Grand Oaks Apartment Homes, a 216-unit affordable housing community in Chester, Va.
Dealmaker: JLL Secures $63M for Savannah Industrial Project
JLL Capital Markets, Chicago, arranged $62.8 million in construction financing for Phase I of Logistics 16 at Ottawa Farms, a three-building industrial facility in Savannah, Ga.