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 […]
By Natalie Kostelni – Reporter, Philadelphia Business Journal Rubenstein Partners is moving forward with a $50 million repositioning of Chesterbrook, which is what the real estate company is now calling and branding the Tredyffrin business park it bought in the summer of 2019. The Philadelphia real estate company has five of the 14 buildings totaling 1.1 […]
By Cathy Cunningham Rubenstein Mortgage Capital, the debt investment arm of Rubenstein Partners, has provided a $29 million first mortgage for Reston Metro Center One, a 124,076-square-foot office property located in the Reston/ Herndon suburban submarket of Washington, D.C., Commercial Observer has learned. HighBrook Investors acquired the asset — at 12120 Sunrise Valley — via a note purchase and is […]
By Douglas Sams – Commercial Real Estate Editor, Atlanta Business Chronicle Real estate deals have slowed amid the Covid-19 pandemic, but at least two suburban Atlanta office developments are seeing a flurry of recent leasing transactions. In Alpharetta, financial services company Merchant e-Solutions has decided to relocate its headquarters to the sprawling Sanctuary Park project, where it will […]