Beztak

Beztak Properties | October 15, 2018

Beztak Properties has secured an $87 million loan from PGIM Real Estate Finance on Aldingbrooke, a 667-unit garden-style community in the Detroit area. The new mortgage retires a prior, $70 million CMBS loan originated in 2011, according to Yardi Matrix....

Bisnow LLC | January 16, 2020

Invesco Real Estate recently acquired Bravern Office Commons, which is fully leased to Microsoft, for $585M. The complex includes 305K SF of retail occupied by Jimmy Choo, Louis Vuitton and others, and a seven-level subterranean parking garage with 3,134 stalls. Two residential towers include 455 units. NKF’s co-Head of U.S. Capital Markets Kevin Shannon, Vice Chairman Nick Kucha, Senior Managing Director Michael Moll, Executive Managing Directors Ken White, Rob Hannan and Tim O’Keef...

Business Wire | January 15, 2020

MRI Software, a global leader in real estate software solutions, announces that funds managed by Harvest Partners, LP, a leading private equity firm, are making a substantial strategic investment in the company. Harvest Partners joins existing investors TA Associates and GI Partners as institutional shareholders in MRI. At the same time, TA Associates is also making a significant new investment in the business. These investments will enable MRI to bolster innovation across its end-to-end offerin...

WORLD PROPERTY JOURNAL | January 14, 2020

Based on the Mortgage Bankers Association's 2020 Commercial Real Estate Finance Outlook Survey, following what is expected to be a record year of lending in 2019, commercial and multifamily mortgage originators anticipate 2020 to be another strong year. Nearly two-thirds of the top commercial/multifamily firms (64 percent) polled expect originations to increase in 2020, with one-in-six (16 percent) expecting an overall increase of 5 percent or more across the entire market. When forecasting ...