Bloomberg Name: MSC 2020-HR8
Suburban Minneapolis HQ Property Sells for $52.125Mln; Gets $26.6Mln Loan
Virtus Real Estate Capital has paid $52.125 million, or $110.13/sf, for the UnitedHealth Group Optum Campus, a 473,325-square-foot office complex in the Minneapolis suburb of Eden Prairie, Minn. The Austin, Texas, investment manager, which pursues investments in niche properties, particularly ...
INITIAL PRICING: Morgan Stanley Capital I Trust, 2020-HR8
Class Amt $mln Sub Level% Avg Life (yrs) Rating Fitch Rating DBRS MStar Rating Moody's Pricing % Yield% Final Pricing (bp) Bnch mark A-1 11.10 30.00 3.03 AAA AAA Aaa 100.000 0.9209 +70 swaps A-SB 16.50 30.00 7.26 AAA AAA ...
About
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
