August 24, 2021 – Private mortgage lending platform Rubenstein Mortgage Capital (RMC) has announced an amendment increase an existing loan to $70.5 million, which is secured by 8West, a Class-A office and retail mixed-use development in the West Midtown submarket of Atlanta. In 2019, RMC provided a $48.7 million senior construction loan commitment to the […]
August 20, 2021 Encompass Digital Media has renewed its 136,366 s/f lease at Shippan Landing for another six years. The transaction was announced by the property ownership, a joint venture of George Comfort & Sons and an affiliate of Rubenstein Partners, L.P. Financial terms were not disclosed. Encompass is a global managed services company focused […]
In major office markets across the country, potential tenants have been eyeing space more than at any time since the outbreak of the coronavirus pandemic over a year ago. Office demand in major U.S. markets jumped by 28% from February to March, according to a monthly report by VTS, a software provider for commercial real […]
BY MACK BURKE – FEBRUARY 26, 2021 Rubenstein Mortgage Capital, Rubenstein Partners’ lending arm that’s geared toward extending debt capital for transitional office properties, has provided a $42 million loan to a collection of Washington, D.C.-area owners to recapitalize an office building in the city’s downtown, Commercial Observer has learned. The financing is backed by the roughly […]
By Joshua Burd A division of Rubenstein Partners LP has closed $57 million in financing to the buyer of the 465,000-square-foot former Honeywell International building in Morris Plains. Rubenstein Mortgage Capital, a private mortgage lending platform, announced Tuesday that it was providing the first mortgage loan to an affiliate of Argent Ventures. The borrower used […]
