Cohen Financial, a national real estate capital services firm, today announced that Brandon Harrington, Cohen financial director in the Phoenix office, and his team — Matthew Steffen, vice president; and Rachel Saxelby, analyst — closed more than $100M in commercial real estate financings in 2Q 2013.
The majority of the transactions the team closed was multi-family and Class A office properties.
Select transactions secured by the Phoenix office in the second quarter include:
>> $35M in debt and equity financing for two Class A office properties, one on the East Coast and one in the Midwest;
>> $20M total for multi-family properties in Phoenix;
>> $14.35M acquisition financing for a 81,875 SF, 5-story Class A medical office property in Phoenix.
“The second quarter offered a window where rates were very attractive, we identified aggressive sources of capital for each class of assets and executed quickly to secure the best terms for our clients,” Harrington said.