The transactions include three care homes in England and a newly opened facility near Bilbao, all secured on long-term lease agreements.
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A joint venture consisting of PGIM, Tribeca Investment Group and Meadow Partners has landed a $228.9 million loan to refinance a newly-renovated 19-story office tower in Manhattan’s Midtown South neighborhood. Rialto Capital Management, as part of a joint venture partnership with Hines, supplied the floating-rate, interest-only bridge debt for the sponsorship’s 295 Fifth Avenue property…
Mariner, the Overland Park, Kan.-based national registered investment advisor that manages more than $630 billion in client assets, has entered a five-year partnership with technology provider Humanity Labs to scale an artificial intelligence workforce representing more than 700 full-time equivalents across its operations. Humanity Labs founder and CEO Andrei Pop describes his company and its…
Ashburn, Virginia, is in the heart of America’s “data center alley.” Over the July 4 weekend, diesel generators at a Digital Realty data center switched on as temperatures spiked. Dark smoke floated above ACC9, one of dozens of data centers clustered in Ashburn and nearby cities, according to a video and photos from July 3…
The Tampa Bay Water’s Regional Surface Water Treatment Plant Expansion will add up to 12 million gallons per day of treatment capacity to the Tampa Bay region’s wholesale system. The expansion areas are in blue in the rendering.Tampa Bay Water Tampa Bay Water’s underlying rating was downgraded to AA from AA-plus by S&P Global Ratings,…
Today is a half day for financial markets, which is a typical feature of a federal holiday weekend. Because tomorrow is fully closed, the big jobs report (normally a Friday affair) was instead released this morning. It ended up helping rates move lower. The jobs report (officially “The Employment Situation”) measures new jobs created (or…
Holders of bonds issued for the Donald W. Wyatt Correctional Facility will take a haircut under terms of a Chapter 11 bankruptcy settlement.Bloomberg News A detention center in Rhode Island used to house detainees of Immigration and Customs Enforcement and the U.S. Marshals Service has filed for bankruptcy, saying it cannot afford to pay off…