Northwest

SL Green secured a $480m loan for its acquisition of Park Avenue Tower

The office owner obtained a financial boost for the expansion of its Park Avenue office portfolio.

Small bay industrial emerges as sector hedge

Lenders are gravitating toward properties where limited supply and resilient rent growth continue to drive strong credit opportunities.

PGIM closes $107.2m loan pair for AEW-backed multifamily assets

The Newark-based manager is refinancing existing PGIM mortgages linked to Class A properties in North Carolina and Washington State.

Starbucks headquarters set for $435m CMBS refi

The owners of Starbucks Center in Seattle have lined up an eight-year commercial mortgage-backed securities loan to refinance existing debt.

Mesa West funds $92.5m loan to refinance Seattle multifamily assets

The manager doubled down on the post-pandemic improvement in Seattle’s multifamily market.

Bridge Industrial taps Bank OZK, Mesa West consortium for $413m construction loan

Morgan Stanley Real Estate Investing was also a part of the group that funded the loan for sponsor Bridge Industrial.

Ready Capital’s Capasse: Broadmark acquisition sets the stage for expansion

The deal makes the New York company the fourth-largest US mortgage REIT.