Federal Capital Partners (FCP) has closed FCP Realty Fund III, L.P. (Fund III), a $512.1 million fund targeting multifamily, commercial properties and structured opportunities throughout the Eastern US.
Greystone, a real estate lending, investment and advisory company, has provided $42.6 million in total Fannie Mae Delegated Underwriting and Servicing (DUS) loans for two apartment communities in Phoenix, Arizona.
Blackstone Mortgage Trust (BXMT) has provided a $145.5 million non-recourse, floating-rate loan to The Generation Companies and partner StepStone Group Real Estate for a portfolio of 23 select service, extended stay hotels.
CBRE Capital Markets’ Debt & Structured Finance a $140 million loan from Morgan Stanley for the refinance of Huntington Center, a 37-story, 907,010 sq ft Class A office tower in Columbus, Ohio, Real Estate Capital has learned.
Following the $14 billion fine the US government hurled at Deutsche Bank (DB), sending its stock price plunging last month, Kroll Bond Ratings Agency (KBRA) issued a searing rebuttal of the US Department of Justice (DoJ) and its handling of the fine.
CBRE Capital Markets has arranged one of the largest multifamily transactions of 2016, placing $500 million of Freddie Mac financing on Strata Equity Group’s $720 million acquisition of a 24-property portfolio spanning four US states.