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BELLEVUE, WA-The 10-year, fixed-rate loan from the New York State Teachers Retirement System will be used to pay off this November the construction loan funded in December by a syndicate of banks led by Bank of America and US Bank. In addition, Cigna Investments recently made a $33-million equity commitment in the eventual 1.4-million-sf project.
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.
July 18, 2025
A big rent spike could happen if the supply continues not to meet the demand.
July 18, 2025
Vista and Vallejo were in the top 10 for sales volume.
July 18, 2025
Completions totaled 108,200 units from April to June, well below Q3 2024, when 159,000 units were delivered.