French listed property company Société de la Tour Eiffel (STE) has signed a €210m revolving credit facility with four lenders to refinance existing debt and to expand.
BNP Paribas led the three-year RFC as mandated agent and joint arranger, alongside Crédit Agricole Ile de France, ARKEA Corporate & Institutional Banking and INVESTIMO.
Keynote speaker Peter Sotoloff, co-founder of Mack Real Estate Credit Strategies, and other panelists examine where we are in the commercial real estate cycle -- and when it will come to an end
Bank of America provided a $90 million loan to Paramount Group for the acquisition and repositioning of 670 Broadway, an office and retail building located in Manhattan’s Midtown South submarket.
Kennedy Wilson Europe Real Estate is to launch a second bond issue in a continuing drive to take advantage of the low cost of long-term senior debt.
The listed European investor announced the issuance of €300m of senior unsecured notes with a maturity of 10 years paying an annual fixed coupon of 3.25%.
Cain Hoy, the private investment company headed by former Heron director Jonathan Goldstein, is expanding its team after investing £1.3bn.
The company, which invests in both debt and equity, usually with partners, has made two hires in London and is looking to make a further senior hire in New York.
Prime Finance Partners provided a $178.5 million loan to Denver-based Northstar Commercial Partners for the acquisition of a diversified portfolio of 24 properties located in 12 US states.
Bank of China has placed an $85 million mortgage on a recently developed condo conversion project at 166 East 66th Street on Manhattan's Upper East Side, whose developers recently came under the scrutiny of the state’s Attorney General.
MetLife has provided an $89 million loan to Taconic Investment Partners to refinance an Apple Store-anchored low-rise building at 401 West 14th Street in Manhattan’s Meatpacking District.
German student housing developer Deutsche Real Estate Funds, (DREF), has completed a promised increase in a bond it issued against its portfolio in the summer.
DREF increased the volume of the Deutscher Studenten Wohn Bond by €33 million, to €77m, via a private placement with German insurance companies, at a coupon of 4.675%.
Berkadia has originated $235 million in loans via Fannie Mae to refinance two Gerson Bakar & Associates apartment properties in Aliso Viejo, California.