
Owners CBRE IM and Brookfield in February lined up a $215m refinancing for the property via Nuveen and Torchlight Capital.
At least seven CMBS SASB office loans totaling around $8bn came to market from January to mid-March.
The loan will be backed by 93 shopping centers, totaling 10.5 million square feet.
Market sources believe transaction activity is unlikely to reboot until the end of Q1 2023 or later.
Despite widespread confusion and concern over the situation in Ukraine, most investment-grade REIT bond yields have remained attractive.
The university opted for a taxable bond financing with staggered maturities.
Anthem Development saw pricing drop by about 100 basis points due to lender competition.
The partners are planning a luxury hotel near the MGM Grand Detroit.
The partnership will allow the Los Angeles-based lender to expand its lending and fundraising platforms.
The firm will retain servicing rights on the financing, which is part of a $108m financing package.