Category : Debt & Equity

Citigroup blows in with $48M for office portfolio purchase
Debt & Equity

Citigroup blows in with $48M for office portfolio purchase

REW
by REW1276
JLL Capital Markets team completed a $48.68 million loan to finance the acquisition of a portfolio of nine office buildings, totaling more than one million square feet, in Tulsa, Oklahoma. The group worked on behalf of Group RMC to place the loan with Citigroup Inc. Adam Schwartz, Aaron Appel, Keith...
NKF taps Barclays for $225M loan for Washington Hilton refinance
Debt & Equity

NKF taps Barclays for $225M loan for Washington Hilton refinance

REW
by REW1623
On behalf of Clearview Hotel Capital and Oaktree Capital Management, Newmark Knight Frank has arranged a $225 million floating-rate loan for the refinance of the Washington Hilton, located in the Dupont Circle submarket of Washington D.C. The Newmark Knight Frank team led by Dustin Stolly and Jordan Roeschlaub, Vice-Chairmen and...
Debt & Equity

Berkadia leads Morgan Properties into the record books with $688M acquisition loan

REW
by REW1603
Berkadia closed $688 million in acquisition financing for Morgan Property’s record purchase of a 10-property multifamily portfolio in Pennsylvania and Virginia. Morgan Properties, one of the nation’s largest and fastest growing multifamily investors, became Pennsylvania’s largest multifamily owner and operator following its $890.5 million acquisition of the Lantern Portfolio. The...
Debt & Equity

LOAN ZONE: Roundup of this week’s middle market loans

REW
by REW3405
● BERKADIA $19M for Brooklyn midrise Berkadia announced $19.6 million in financing for 240 Meeker, a mid-rise multifamily property in Brooklyn. Senior managing director Stewart Campbell, of the firm’s Manhattan office, secured the financing on behalf 240 Meeker Avenue Corporation. The 10-year, permanent Fannie Mae loan features a 4.37 percent...