Brian Share News Today

Ares Industrial Real Estate Income Trust just landed a $220 million refi from KKR for a 2.1 million-square-foot industrial portfolio.

Investment firm Fundrise has secured a $125 million loan to refinance an industrial portfolio in the southwest U.S.

A joint venture of Century City-based LaTerra Development and New York-based Clarion Partners has received $90 million in financing for The Louise, a mixed-use project in Los Feliz. The newly constructed project has 246 residential units and 20,487 square feet of ground-floor retail. 

Clarion Partners and LaTerra Development secured a $90 million loan from PGIM Real Estate for The Louise, a luxury community in Los Angeles.

LaTerra Development secured $143.5 million in combined bridge debt for a pair of newly constructed multifamily projects in Los Angeles.

Westcore landed $73.3 million of acquisition financing from CrossHarbor Capital Partners to purchase an industrial park in Glendale, Ariz.

Falcon Park 303 — Phase I was acquired for $81.7 million by an affiliate of Cohen Asset Management, Inc.

Cushman & Wakefield arranged the refinancing for the Greenwood Village, Colo., property. Barings has secured a refinancing for its 387-unit community in Greenwood Village, Colo.

Cushman & Wakefield helped in the procurement of $53.55 million in construction financing for Northern Parkway Logistics Center.

CRG, the Chicago-based real estate development firm, announced the sale of Building E at The Cubes at Glendale for $82.6 million.