U.S. companies are beginning to switch from LIBOR to SOFR as an interest rate benchmark, reports The Wall Street Journal. Forbes looks at 2021’s wealthiest real estate tycoons. These are among today’s must reads from around the commercial real...

U.S. companies are beginning to switch from LIBOR to SOFR as an interest rate benchmark, reports The Wall Street Journal. Forbes looks at 2021’s wealthiest real estate tycoons. These are among today’s must reads from around the commercial real...

The company entered into an amended mezzanine debt facility with a $3 billion limit.

Asian institutional investors in particular have shown a strong appetite for U.S. industrial portfolios.

The $600 million seven-year loan will be benchmarked to the Secured Overnight Financing Rate.