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Private Real Estate Daily

from Private Wealth Daily

The edition as it went to readers: 5 stories.

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The lead

Hut 8 closes $1.07 billion revolver above its $7.5 billion project debt

The four-year senior-secured facility adds bank liquidity at the parent while River Bend and Beacon Point campus construction runs on nonrecourse project financing.

The Wrap

Brixmor and Everview agree to take Slate Grocery REIT private at $13 a unit

The all-cash offer values the grocery-anchored landlord at $2.3 billion, with Brixmor taking 23 centers and a joint venture taking the other 92.

Deals

Regal Ventures, Snowball, Devli JV buys Windsor, Conn. industrial asset

The 186,603-square-foot building at 600 Day Hill Road is fully leased to the Spencer division of Howden USA Companies, a Chart Industries subsidiary, through November 2034.

Fundraising

Inland Securities promotes Dan Gawley to senior vice president, private capital, for Southern California

The 12-year Inland veteran takes over distribution of DST, 721 exchange and opportunity zone programs in a territory that has raised $1.66 billion in equity over a decade.

Sectors

infinitSpace picks downtown Los Angeles for first U.S. flex location

The Europe-based operator will manage roughly 32,000 square feet at 612 S. Broadway for an owner that keeps the building, and is targeting 30 new U.S. locations over the next 24 months.

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