Key Bank, Stockyards Bank, Main Source Bank, Associated Bank and Security Bank provided a portion of a $175 million financing package for Cityscape Residential’s development of four new apartment communities in Missouri and Kentucky, Real Estate Capital has learned.
Stockholm-headquartered Brunswick Real Estate Capital is making preparations to launch a second debt fund focused on commercial property in the Nordic countries.
Fitch projects US CMBS delinquencies will continue to fall -- another 2.5-3 percent rate drop by the end of 2016 -- after hitting a six-year low at the end of 2015.
Mesa West has raised $390 million towards a $750 million target for its latest debt fund, the Mesa West Real Estate Income Fund IV, Real Estate Capital has learned based on a filing with the US Securities and Exchange Commission.
CBRE Capital Markets’ Debt & Structured Finance team has originated its first Freddie Mac Small Balance Loan (SBL) securitization, delivering 60 loans totaling approximately $143 million.
Wells Fargo has provided $136.5 million in financing from Wells Fargo to Oak Street Real Estate Capital for the acquisition of a 1.3 million sq ft office portfolio.
Varde Partners has issued a CMBS to refinance a portfolio of secondary UK properties, and sold the bonds to Credit Suisse.
Walker & Dunlop closed a $1.27 billion refinancing for Holiday Retirement, the second largest operator of senior housing in the US, marking the largest financing in the lender’s history.
Asset manager Fortress Investment Group has acquired two portfolios of non-performing loans (NPL) with a combined face value of around €96 million, Real Estate Capital's sister title Private Debt Investor reported.
Apollo Commercial Real Estate Finance (ARI) announced a record year in 2015 with more than $1.1 billion in total investments.