NEW YORK CITY-Locally based ING Clarion Partners has secured $97.5 million for the refinancing of a seven-property industrial portfolio in Florida, New Jersey, Oregon and Texas. The Dallas office of Holliday Fenoglio Fowler LP arranged the five-year fixed-rate refinancing through a life insurance company.

HFF managing director John Rose worked exclusively on behalf of the borrower, ING Clarion Partners. HFF tells that they cannot provide any further information at this time regarding the specifics of the deal, but Rose tells that what is interesting about the deal was the fact that the portfolio was in several different states, and that even with some of the assets being damaged by the recent hurricane in Houston, “the lender and borrower were able to overcome those issues and move forward, based on the relationship they had.” Although he couldn’t disclose who the life insurance company was, he said that it is ING Clarion’s and the life insurance company’s third transaction together. ING Clarion did not respond to queries by deadline.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.