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ING Capital LLC closed $402 million in financing for Paramount Group to fund its acquisition of Market Center, a two-building 753,000-square-foot class-A office complex located at 555 and 575 Market.
The loan facility has a maturation date of November 2026 and an accordion feature to increase the availability of funds to $500 million, subject to closing conditions.
Round Hill's first US investment was The Exchange at North Haven, an inner suburban apartment community located in the Brookhaven/Chamblee neighborhoods of Atlanta.
Dallas-based Crow Holdings Industrial reports that in addition to this property, the firm currently has a five-million-square-foot development pipeline less than 18 months after commencing regional operations.