Debt & Equity Archives - Page 51 of 148

Distribution center lands equity deal

REW September 4, 2019 September 4, 2019

by REWSeptember 4, 2019September 4, 20193212

Cushman & Wakefield has secured the construction financing and joint venture equity for DeBartolo Development’s construction of a state of the art 350,000-square-foot high-bay distribution building located at 725 Elm St. in Bridgewater, MA. Located at the interchange of Interstate 495 and Route 24, PNC has been tapped as the...

Debt & Equity Featured

Beacon Capital recaps 575 Fifth with $309M loan

REW September 4, 2019 September 4, 2019

by REWSeptember 4, 2019September 4, 20192487

TPG Real Estate Finance has provided the finance against 370,000 s/f of office space at the 522,346 s/f building in midtown.

Debt & Equity

ACRES antes up $35M for mixed-used LIC property

REW September 4, 2019 September 4, 2019

by REWSeptember 4, 2019September 4, 20192063

ACRES Capital Corp. originated a $35 million loan to complete the construction of 23-20 Jackson Avenue, a nine-story, 82,000 s/f mixed-use property located in Long Island City, New York. The loan carries a term of 24 months and is sponsored by veteran local real estate developer, The VOREA Group, led...

Debt & Equity

Square Mile funds $167M Atlanta office building financing

REW September 4, 2019 September 4, 2019

by REWSeptember 4, 2019September 4, 20192387

Square Mile Capital Management originated a $167 million loan secured by Salesforce Tower, an office building located in the Buckhead submarket of Atlanta, GA. The loan was made to a joint venture between KKR and Banyan Street Capital, and it includes acquisition proceeds as well as funds for future leasing...

Debt & Equity Residential

Zillow board okays share inducements for new employees

REW September 4, 2019 September 4, 2019

by REWSeptember 4, 2019September 4, 20192210

Zillow Group, Inc. announced that on August 27, 2019, the compensation committee of its Board of Directors granted equity awards to purchase an aggregate of 535,011 shares of its Class C stock to compensate 286 new employees under the company’s 2019 Equity Inducement Plan. Shares authorized by the compensation committee...

Debt & Equity

Cannabis breathalyzer biz raises $30M

REW September 4, 2019 September 4, 2019

by REWSeptember 4, 2019September 4, 2019812

Hound Labs Inc., creator of the world’s first dual marijuana and alcohol breathalyzer, announced the closing of a $30 million Series D financing round to accelerate manufacturing and commercial availability. Intrinsic Capital Partners, which funds life science and technology-focused businesses in the emerging cannabis industry, led the round. The announcement...

Deals & Dealmakers Debt & Equity

NJ multifamily draws lenders’ interest

REW July 24, 2019 July 24, 2019

by REWJuly 24, 2019July 24, 20192493

Cushman & Wakefield’s Equity, Debt & Structured Finance (EDSF) team advised on a $60 million construction loan for Phase I of a 13-acre, multifamily development in Bogota, NJ. PCD Development, of New Providence,a subsidiary of PCD Capital, LLC, along with its partners at Saber Real Estate Advisors, are building a...

Debt & Equity

Natixis refinances 10 Jay as new tenants sign up

REW July 17, 2019 July 17, 2019

by REWJuly 17, 2019July 17, 20192579

Newmark Knight Frank arranged a $205 million floating-rate loan for the refinance of 10 Jay Street in Brooklynon behalf of Glacier Global Partners and Triangle Assets. The NKF team was led by Dustin Stolly and Jordan Roeschlaub, vice chairmen and co-heads of Debt & Structured Finance, along with Dylan Kane,...

Debt & Equity Finance

JBA arranges $38M deal for new Greenpoint rental

REW July 10, 2019 July 10, 2019

by REWJuly 10, 2019July 10, 20193475

Jonathan Aghravi of JBA Equities announced that his team has secured a $38 million loan for ground-up construction at 30 Kent Street, an 80-unit residential property with retail on grade to be developed in Greenpoint, Brooklyn. Construction is slated to take approximately two years to complete. The new 11-story, 86,067...