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The term loan provides funding for the merger deal as well as financing to pay off LaSalle's current outstanding debt balances and other transaction closing costs.
Mack-Cali/Roseland's luxury residential property combines industrial elements with modern style, while furthering Port Imperial's status as a holistic lifestyle-oriented community.
The Galveston-Clear Lake corridor is booming and resort amenities such as a public access lagoon, along with housing and retail, will attract residents and visitors to this area north of Galveston.
The Silicon Valley-backed company, founded by Rami Zeidan, a hotel and real estate executive and Yury Yakubchyk, a software entrepreneur, has raised $70 million in funding to date between venture and real estate capital.
President Trump may sign an executive order giving opportunity zone investments additional preferences in federal loan and grant funding, says Christopher Coes, vice president of land use and development, Smart Growth America.
High levels of US consumer and business confidence are being fueled in part by low unemployment rates and rising wages both of which continue to have positive effects on the demand for US hotel room night demand.
Real estate investors use 1031s or like-kind exchange strategies to maintain strong portfolios, apply more capital towards current real estate opportunities and maximize tax savings.
More US building owners and investors can turn energy waste from existing assets into guaranteed, bankable revenue streams, thereby gaining substantial financial upside while cutting carbon emissions.