Cantor Commercial Real Estate (CCRE) has reemerged from a near-five-year hiatus as a CMBS sponsor to become the first of 2016 with Cantor Commercial Real Estate CFCRE 2016-C3 Mortgage Trust.
Debt fund manager Tyndaris Real Estate closed six new loans in the final quarter of 2015 and has made three hires including Imo Skrzypczyk from Bank of America Merrill Lynch.
New York-based investment firm Cerberus Capital Management (Cerberus) has announced the hire of David Abrams from Apollo Management.
Los Angeles-based Thorofare Capital has provided an affiliate of Arciterra Group with a $32.5 million floating rate commercial mortgage for the acquisition of Castleton Square & Commons, a 256,582 sq ft shopping center in Indianapolis, Indiana, Real Estate Capital has learned.
Cornerstone Real Estate Advisors provided $260 million in construction financing for the West Hollywood EDITION Hotel & Residences, a luxury hotel and condominium development located in West Hollywood, California.
Nearly all individuals (98 percent) who responded to the CRE Finance Council’s annual Market Outlook survey expect CMBS spread volatility to continue in 2016, reflecting a range of geopolitical and other concerns.
US CMBS issuance ended 2015 just over $101 billion, a post-recession first, according to data from research firm Trepp. That may provide some solace after 2014 failed to hit the triple digits as many had hoped, but the final tally is also significantly lower than many early predictions for 2015.
Private equity firms Patron Capital and Electra Partners have bought the home reversion equity release business of residential landlord Grainger for £325 million.
Capital markets regulation is at the top of US commercial real estate debt specialists’ minds as we enter 2016.
Lenders to property ended the year broadly happy after finding plenty of deals to finance during 2015.