Al Barbarino
AEW Capital Management has provided a whole loan totaling $105m to Crescent Heights for the acquisition of Burnham Pointe at Printer’s Row, a multi-family apartment community in Chicago, Illinois.
King Street Developers and joint venture partner The Carlyle Group have purchased a laboratory building in Waltham, Massachusetts for more than $104m with a $74.2m acquisition first mortgage loan from Wells Fargo.
New regulations under the Basel III capital regime will stall new development in the US by discouraging banks from financing construction, according to critics of the rules.
Boston-based real estate private equity firm Rockpoint Group has paid $327m for twin high-rise office towers at 75-101 Federal Street in The Hub, assuming with the record purchase a $210m securitized first mortgage loan from Morgan Stanley.
Amid a sustained jump in healthcare mergers, acquisitions and lending into the sector, KeyBank has provided a $74.25 loan to an investment group that purchased a rehabilitation and nursing center in Manhattan.
TPG Capital and Deutsche Bank have provided $200m to refinance the 150-room Mark Hotel on Manhattan's Upper East Side, city property records show.
The Federal Reserve’s latest Monetary Policy Report points to rapidly rising commercial property valuations amid stronger demand for loans and eased lending standards.
RealtyMogul.com has received $35m in Series B venture capital financing led by Sorenson Partners with additional funding from Canaan Partners.
A $116.5m loan backing the Fair Lakes Office Park in Fairfax, Virginia has been sent to special servicing due to imminent monetary default, according to research and data firm Trepp.
HSBC Bank has provided $62m in financing for Brack Capital Real Estate’s (BCRE) citizenM New York Times Square boutique hotel at 218 West 50th Street in Manhattan’s Times Square neighborhood, Real Estate Capital has learned.