Wildflower Lands $48M Refi for Queens Facility
Barings provided the loan for the 116,725-square-foot industrial property.
The post Wildflower Lands $48M Refi for Queens Facility appeared first on Commercial Property Executive.
Barings provided the loan for the 116,725-square-foot industrial property.
The post Wildflower Lands $48M Refi for Queens Facility appeared first on Commercial Property Executive.
MetLife Investment and Norges Bank Investment own the Washington, D.C., building.
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The collection includes more than 100 properties spread across the U.S.
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The capital remains one of the top markets for office sales, according to CommercialEdge.
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Three major financial services firms co-originated the debt.
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This move will support HPP’s balance sheet recapitalization.
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Here's how this South Florida area is becoming a magnet for tech, life sciences and innovation-driven industries.
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Arbor launched Proprietary Preferred Equity behind Freddie Mac Conventional Loans, an innovative program that lets borrowers simultaneously secure a senior loan and preferred equity.
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There are plenty of chances for you to win! We'll be accepting entries until Thursday, July 31.
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The collection previously traded four years ago for $230 million.
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The properties are spread across multiple states, including California, Florida, Texas and others.
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The industrial development comprises 1.2 million square feet.
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The previous owners purchased the property in 2012.
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The property traded for $410 per square foot.
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The properties are located between Baltimore and Washington, D.C.
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And what’s behind these shifts, according to JLL’s latest research.
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The borough registered some notable rebounds across most fundamentals, according to CommercialEdge data.
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Comerica Bank issued the note, according to CommercialEdge.
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The industrial asset’s sale price has nearly tripled over the past two decades.
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A pharmaceutical company will occupy the space, becoming the area’s largest biotech firm by square footage.
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