Fortress Investment Group LLC has successfully completed refinancing deals totaling $708 million for its industrial outdoor storage (IOS) properties, marking a significant milestone in the commercial real estate sector. This refinancing includes a groundbreaking $493 million single-asset, single-borrower (SASB) commercial mortgage-backed securities (CMBS) loan and a $215 million balance sheet loan, with Deutsche Bank leading […]
Tritax EuroBox plc has exchanged contracts to sell its Gothenburg warehouse asset for SEK 385 million to a leading pan-European real estate investment manager. Key Points of the Disposal 1. Deal Price: – Headline sale price of SEK 385 million. – Broadly in line with the September 2023 valuation. – Conditional on approval under the […]
Stonepeak, a prominent alternative investment firm focusing on infrastructure and real assets, has successfully acquired a significant logistics portfolio in Chicago, Illinois, from CenterPoint Properties. This strategic acquisition comprises three assets totaling 1.7 million square feet, situated at North America’s largest inland port, significantly enhancing Stonepeak’s supply chain real estate holdings. The newly acquired portfolio […]
