Sumitomo Mitsui Trust Bank has provided a $160 million loan on a large development site on the Upper West Side of Manhattan, Real Estate Capital has learned based on city property records.
New York Law School has completed $142 million in bond financing on its 185 West Broadway building after narrowly escaping disaster when a deadly crane collapsed just outside its doors in Manhattan earlier this month, Real Estate Capital has learned.
ING Real Estate Finance (REF) had a post-crisis record year of lending in 2015 with a total of €9.5 billion of new debt provided during the period.
Manufacturers and Traders Trust Company (M&T Bank) has provided a $36.4 million mortgage to refinance a commercial property in Manhattan’s Meatpacking District.
Royal Bank of Scotland has provided a £145 million loan to Airport Industrial Property Unit Trust (AIPUT), managed by Aberdeen Asset Management.
Varde Partners has issued a CMBS to refinance a portfolio of secondary UK properties, and sold the bonds to Credit Suisse.
Asset manager Fortress Investment Group has acquired two portfolios of non-performing loans (NPL) with a combined face value of around €96 million, Real Estate Capital's sister title Private Debt Investor reported.
With less than 48 hours remaining until voting closes for Real Estate Capital’s 2015 awards, time is running out to have your say on the stand-out companies and deals of last year.
Colony Capital has held a first close for its fourth real estate debt fund, Colony Distressed Credit & Special Situations Fund (CDCF) IV, Real Estate Capital sister title PERE reported.
Carr Properties has secured a $53 million loan for the acquisition, planned demolition and redevelopment of an office building site in Bethesda, Maryland.