REFI-NALLY

No, we're not psychic (check our fantasy baseball team if you don't believe us): last week, when we told you that life companies are back lending, we didn't know a big life refi would close yesterday.
Through Quadrant Real Estate Advisors, AXA Equitable Life Insurance Co did a $70M, 10-year non-recourse mortgage loan for Forest City's 855 N Wolfe St in East Baltimore. It replaces a $61M construction loan and has a fixed interest rate below 6%. The 278k SF building is next to the Johns Hopkins School of Medicine and is home to Lieber Institute for Neuroscience Research, Champions Biotechnology, and Siemens.

Continue reading this story with a free account

Log in or register
Sign up for more articles like this
Subscribe to Bisnow's Baltimore Newsletters
Related Stories

Inside The Nationwide Jockeying For Opportunity Zones 2.0

GTIS Partners Rebrands As Brightshore Capital, Launches $250M Debt Platform

Data Center Spills 5,000 Gallons Of Fuel Into New Jersey River

Hines And Rialto Close Office Credit Fund At $1.1B

Chipotle Adding Hundreds Of New Locations Worldwide

'Beyond A Routine Wobble': 10-Year Treasury Clears 5% Ahead Of Key Fed Meeting

Downtown Atlanta Improvement Group Picks Food Bank Chief As Next Leader

Trump's DEI Crackdown Is Creating New Risks For Landlords That Lease To The Government

Airbnb Launches $250M Fund To Invest In Affordable Housing

Brookfield Buys Minority Stake In Hyperscale Data Center Developer AREP

Judge Dismisses Suit Alleging Alexandria Misled Investors Over Portfolio Strength

How Companies Can Eliminate Shadow AI And Gain Value From Artificial Intelligence Tools