Category : Finance

CBRE Advises on $1.7B Portfolio Recapitalization and Debt Financing of Eight Inpatient Hospitals in Massachusetts
Debt & EquityFinance

CBRE Advises on $1.7B Portfolio Recapitalization and Debt Financing of Eight Inpatient Hospitals in Massachusetts

REW
CBRE advised on the successful equity recapitalization and debt financing of a $1.7 billion portfolio consisting of eight inpatient general acute care hospitals located in Massachusetts. CBRE advised Medical Properties Trust, Inc. (“MPT”) (NYSE: MPW) to first source a new equity partner to recapitalize the assets, and then CBRE sourced...
Marcus & Millichap Capital Corporation Arranges $17.4M Financing for Construction of Senior Housing Property in River Falls, WI
Finance

Marcus & Millichap Capital Corporation Arranges $17.4M Financing for Construction of Senior Housing Property in River Falls, WI

REW
Marcus & Millichap Capital Corporation (MMCC), a leading provider of commercial real estate capital markets financing solutions, has procured $17,424,900 million in financing for the construction of Sycamore of River Falls, a senior housing property at 706 Sycamore Street in River Falls, Wisconsin. The financing was exclusively arranged by MMCC’s...
Rabina closes on $540M Construction Financing Package for 520 Fifth Avenue
Finance

Rabina closes on $540M Construction Financing Package for 520 Fifth Avenue

REW
Rabina, a multi-generational, family-owned and operated real estate investment and development firm based in New York, announced today the closing of a half-billion-dollar construction financing package for 520 Fifth Avenue, the first post-pandemic – and tallest – building in Manhattan to weave together luxury residences, boutique commercial office space, world-class...
Ardian Real Estate raises €1.2bn for second fund
Finance

Ardian Real Estate raises €1.2bn for second fund

REW
Ardian, a world-leading private investment house, today announces it has raised €1.2bn for its second real estate fund (AREEF II), confirming its leading position at a time of strength for the European real estate market, as changes in the way people live and work drive new investment opportunities. The fund...
King & Spalding Hires Structured Finance Partner David Ridenour
Finance

King & Spalding Hires Structured Finance Partner David Ridenour

REW
King & Spalding has added David Ridenour, a structured finance and securitization partner, to its Corporate, Finance and Investments (CFI) practice group in Washington, D.C. Ridenour represents issuers, borrowers, sellers, lenders, funds, purchasers and financial institutions in a variety of securitization and structured lending transactions. His practice is focused on...
CBRE Arranges $14.83 Million Sale of 91,476 SF Class A Industrial Building
Finance

CBRE Arranges $14.83 Million Sale of 91,476 SF Class A Industrial Building

REW
CBRE today announced it has arranged the sale of a 91,476 sq. ft. flex/R&D industrial building located at 16 Elizabeth Drive in Chelmsford, Massachusetts. The Shearwater Companies, based in Southern New England, acquired the two-story, Class A asset for $14.83 million.  The CBRE team of Scott Dragos, Chris Skeffington, Doug...
Coinweb & Coldwell Banker partner to tokenize real estate
Finance

Coinweb & Coldwell Banker partner to tokenize real estate

REW
Coinweb continues its mission in delivering blockchain technology to traditional businesses with the global real estate brand Coldwell Banker. Development has already begun on the platform, with a product release in beta planned for Q3 2022.  The project will see Coinweb develop and support cross-chain token issuance pertaining to both...
ERG Promotes Ryan Lewis TO Managing Director
Banking and FinanceFinanceFunds and Finance

ERG Promotes Ryan Lewis TO Managing Director

REW
ERG Commercial Real Estate has promoted Ryan Lewis from Senior Advisor to Managing Director at the Long Island-based investment sales, finance and property management firm. In his new role Lewis will be responsible for managing the commercial sales and investment team, handling deal flow, broker training and helping to successfully close deals whether they...
AMAC Acquires 1800 Alton for $32.5M Showcases Strength in Miami Retail
FeaturedFinanceRetail

AMAC Acquires 1800 Alton for $32.5M Showcases Strength in Miami Retail

REW
AMAC has acquired 1800 Alton, a trophy urban retail center in Miami Beach for $32.5 million from Saber 1800 Alton, LLC. Acquired in partnership with Daniel Neary, a Miami Beach real estate developer, the property is prominently located in Sunset Harbour at the intersection of Alton Road and 18th Street with great...
Deals & DealmakersFinanceLeases

Simone Development Companies Signs New Medical Office

REW
 Simone Development Companies has announced that Phelps Hospital – Northwell Health has signed a 4,658-square-foot office lease at the firm’s 1034 North Broadway property in Yonkers, NY. The property is now fully leased, at 100% occupancy. Ownership was represented by Jillian Reiner of RM Friedland while the tenant was represented by...