pbb Deutsche Pfandbriefbank has provided a €40m facility to French developer Sadev 94 for its Ivry Confluences regeneration scheme near Paris.
The long-term development facility will be used to finance infrastructure works such as highway construction and the building of public spaces at the 145-hectare site.
Los Angeles-based Canyon Partners Real Estate has provided a $133.7m senior construction loan to Property Markets Group (PMG) and joint venture partner S2 Development for the development of the Muse Residences in Sunny Isles Beach, Florida.
Grainger has secured a £580m refinancing facility from a syndicate of five banks at a margin of 170bps, a saving of 50bps on its current facility.
The Royal Bank of Scotland, HSBC, Barclays, Nationwide and Allied Irish Bank have refinanced their own existing facility.
Grandbridge Real Estate Capital closed $3.26bn in loan originations during first half of this year compared to $2bn last year, an increase of about 64 percent. Now the firm is aiming to originate as many as 800 loans worth $7bn by the end of this year, and in order to accommodate that growth the firm is looking to […]
JP Morgan Chase has led a $242.65m financing package to a consortium of New York City hospitals for the development of the The New York Proton Center -- the first proton beam therapy facility in New York State, Real Estate Capital has learned.
Cerberus Capital Management has bought a portfolio of mainly non-performing commercial property loans valued at almost €390m from Dutch bank Van Lanschot.
Cerberus is believed to have paid around €260m for the portfolio, or 66% of the face value of the portfolio.
While the recovery of US office markets has been uneven, improving fundamentals are having positive impacts on CMBS office loans, according to a new report from data firm Trepp.
The US Department of Treasury (DoT) has issued a request for Information (RFI) on the lending practices of marketplace lenders that could impact up-and-coming online CRE lenders like FundRise, Realty Mogul or Prodigy Network.
Loan servicer Situs and corporate financial advisor Duff & Phelps are targeting Ireland’s distressed loans portfolio market in a new joint venture.
The new business will offer ‘end-to-end’ loan management services for commercial property investors in the Irish market, which has been particularly active with sales of loans portfolios.
BNP Paribas has privately placed its €85m Lusso Srl CMBS, a securitisation of a loan backed by the luxury retail centre Sicilia Outlet Village in Sicily, Italy.