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The CRE Finance Council (CREFC) announced the launch of the CREFC Women’s Network, aimed at enhancing the visibility, profile, and advancement of women in the commercial real estate finance industry and CREFC programming.
About $200m worth of multifamily, small balance loans (SBL) originated by Greystone are slated to be bundled together and securitized as Freddie Mac SB Certificates in October, Real Estate Capital has learned.
Specialist lender Amicus Finance has launched a £100m securitisation backed by short-term commercial and residential property loans. The issue is believed to be the first securitisation in the UK market made up entirely of short-term loans made for the acquisition, refurbishment and development of UK real estate.
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 […]
A $116.5m loan backing the Fair Lakes Office Park in Fairfax, Virginia has been sent to special servicing due to imminent monetary default, according to research and data firm Trepp.
After dropping sharply in May, the June delinquency rate for US commercial real estate loans in CMBS moved in the opposite direction, according to data and research firm Trepp.
Natixis Real Estate Capital has provided $66m to Manhattan-based Bauhouse group for the purchase of three NYLO full service boutique hotel properties in Irving, Plano,(both in Texas) and Warwick, Rhode Island.
The success of Fundrise -- and debt crowdfunding in general -- relies not on iconic buildings, but rather in areas that have been largely “ignored” by mainstream lenders, said company co-founder and president Daniel Miller this week at the National Association of Real Estate Editors (NAREE) annual conference, held at the InterContinental Miami.
Deutsche Bank has refinanced the Ritz-Carlton Half Moon Bay in Half Moon Bay, California with a $115m mortgage loan and served as co-lead arranger of a $750m unsecured credit facility provided to the borrower, Strategic Hotels & Resorts. The five-year Half Moon Bay loan bears interest at a floating rate of LIBOR plus 240 basis points and has two one-year extension options.
Spain's bad bank, Sareb, is selling a €561m portfolio of resort assets and loans, the legacy of developer Polaris World. Project Birdie includes three golf courses, two five-star hotels and 2,146 residences and land in Murcia.
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