Home Authors Posts by Samantha Rowan

Samantha Rowan

The property business of the German insurance giant closed a $234m loan in the US healthcare property sector in August.
The covid crisis has tempered issuance this year. But lenders are hopeful the market will revive as the US emerges from social restrictions imposed due to the pandemic.
The Los Angeles-based bridge lender will now also target first mortgages and mezzanine debt.
Debt providers including Hudson Realty Capital, ACRES Capital, Archway Capital and M360 Advisors have expanded, or are looking at ways to grow, their product offerings.
Multifamily
The firm has closed multifamily credit funds totalling more than $3.3bn this year.
The US federal programme, which expired in July, had helped to funnel international capital into commercial property financing deals in the country.
L&L Holding Company and Columbia Property Trust lined up $1.25bn of construction financing for their redevelopment of New York’s historic Terminal Warehouse from a blue-chip consortium.
The multifamily-focused vehicle, which had a $300m target, originates bridge loans, mezzanine debt and preferred equity on high-quality US properties.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination