Greystar has selected a frontrunner to fund its £700m of ongoing student accommodation purchases in central London, Real Estate Capital can reveal.
New York Life Real Estate Investors has provided a $260m loan to finance two office buildings at the heart of a 1.27m sq ft complex called The Water Garden in Santa Monica, California.
Steven Doherty has joined CBRE Capital Markets as senior vice president to head the firm’s expanded Debt & Structured Finance practice in the greater Philadelphia region.
Aviva Commercial Finance has provided a £130m loan for West End specialist property firm Shaftesbury. The 15-year loan is secured against properties in Shaftesbury’s Carnaby Street estate, owned by one of its subsidiaries. The facility has a fixed interest rate of 3.2% throughout the term equating to between 130 and 140 basis points over the […]
Commercial real estate debt outstanding grew at the fastest quarterly rate in seven years in the fourth quarter of 2014, according to a new report from the Mortgage Bankers Association (MBA).
Outstanding debt increased from the third quarter by $48.9bn, or 1.9 percent, to $2.64tr. The previous record was a 3.7 percent increase between the third and fourth quarters of 2007. Three of the four major investor groups were responsible for the hike.
MetLife Real Estate Investors has completed its first loan in Ireland, Real Estate Capital can reveal.
The first CMBS backed by Irish assets since 2006 is expected to come to the market this week, Real Estate Capital can reveal.
BB&T Real Estate Funding has provided a $40m loan to Optimum Asset Management for the redevelopment of the historic Park Central Hotel in Miami Beach, Florida.
The three-year, floating-rate, senior real estate construction loan will be used to convert three existing Art Deco buildings – the 1939 Art Deco Park Central Hotel, the Imperial Hotel and Heathcoat Apartments – and a .15-acre development site and turn them into a new 135-room hotel under the Park Central Hotel name.
Freddie Mac has put $1.039bn of non-performing residential mortgage loans up for sale.
Blackstone is searching for close to £1bn of new debt to refinance the UK and French portfolios of its Logicor industrial platform, Real Estate Capital can reveal.