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Stock impact report

Cushman & Wakefield Arranges $72M Acquisition Financing for Seven-Asset Industrial Portfolio in Maryland

Cushman & Wakefield Ltd. Common Shares (CWK) 
Last cushman & wakefield ltd. common shares earnings: 2/27 04:09 pm Check Earnings Report
Company Research Source: Business Wire
BALTIMORE--(BUSINESS WIRE)--Cushman & Wakefield, a global real estate services firm, announced that it has arranged $72 million in acquisition financing on behalf of Camber Real Estate Partners (Camber) for an institutional quality industrial portfolio located in the Baltimore MSA. The floating-rate financing was provided by PCCP and supports Camber’s acquisition of a seven-building industrial portfolio totaling approximately 745,270 square feet located across infill submarkets in the greater Baltimore-Washington corridor.A Cushman & Wakefield Equity, Debt & Structured Finance team of John Alascio, TJ Sullivan and Mitch Rothstein arranged the financing on behalf of Camber and an institutional partner.“This financing reflects continued lender appetite for infill industrial assets located in supply-constrained markets with strong in-place cash flow and embedded future rental growth,” said Alascio, Vice Chair at Cushman & Wakefield. “These well-located assets continue to attract deep Show less Read more
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