Sacramento pension commits $50m to Wolff Credit Partners IV
The $15.5 billion plan holds $1.2 billion of real estate against an 8% target, IREI reports.
BX 2021-21M's $1.3 billion Blackjack loan enters special servicing
The trust is down to six properties and 1,842 units, with three months to sell, per Multifamily Dive.
Bridge Logistics buys 21.3-acre XPO terminal at half land value
The Santa Fe Springs site is fully leased to XPO; the price and lease term were not disclosed.
Lubert-Adler looks to sell 595,000 sq ft Philadelphia office
The Center City building is 99% leased with eight years of weighted average lease term; the report gives no asking price or loan terms.
Northmarq arranges $95.8M Voya refinancing for E&S Ring's 1,461 Southern California apartments
Six non-cross-collateralized loans replace existing debt on E&S Ring buildings in Brentwood, Culver City, Victorville, Los Feliz and Mid-Wilshire.