Goldman Sachs has launched Logistics UK 2015, a £646m CMBS of a loan secured on Blackstone Logicor UK assets.
The transaction securitises 95% of a single Goldman £680m refinancing loan to Logicor, secured by 42 logistics assets located mainly in the Midlands and Yorkshire.
AEW Capital Management has provided a whole loan totaling $105m to Crescent Heights for the acquisition of Burnham Pointe at Printer’s Row, a multi-family apartment community in Chicago, Illinois.
King Street Developers and joint venture partner The Carlyle Group have purchased a laboratory building in Waltham, Massachusetts for more than $104m with a $74.2m acquisition first mortgage loan from Wells Fargo.
The Royal Bank of Scotland (RBS) has disposed of £1.7bn of real estate loans made by its Irish subsidiary Ulster Bank.
Deutsche Bank and Apollo Global Management have jointly bought a commercial real estate loan book for £400m.
New regulations under the Basel III capital regime will stall new development in the US by discouraging banks from financing construction, according to critics of the rules.
HSBC Bank provided $110m in first mortgage loans to New York-based Westbrook Capital for the acquisition of a majority stake in two Washington, DC, office properties. The bank provided $83m for 1325 G Street NW and $27m for the Colorado Building at 1341 G Street NW, located two blocks away from the White House in the heart […]
CaixaBank and ING have provided a total of €87.3m to Spanish REIT Lar Espana Real Estate for its purchase of the El Rosal shopping centre in Ponferrada, northwest Spain.
CaixaBank’s loan, which is the bulk of the total, is for 15-years.
Boston-based real estate private equity firm Rockpoint Group has paid $327m for twin high-rise office towers at 75-101 Federal Street in The Hub, assuming with the record purchase a $210m securitized first mortgage loan from Morgan Stanley.
Amid a sustained jump in healthcare mergers, acquisitions and lending into the sector, KeyBank has provided a $74.25 loan to an investment group that purchased a rehabilitation and nursing center in Manhattan.
TPG Capital and Deutsche Bank have provided $200m to refinance the 150-room Mark Hotel on Manhattan's Upper East Side, city property records show.