Deutsche Bank’s €679.9m CMBS – DECO 2014-BONN - has been sold at a margin of 199 basis points. The loan is secured against 29 German offices owned by IVG
Starwood Waypoint Residential Trust has issued its first securitization collateralized by income-producing single-family homes, bringing the total issuance among the SFR asset class to $7.2bn.
The offering marks the 13th SFR deal since the asset class launched in November of last year.
Subsidiaries of Spirit Realty Capital have issued $510m of mortgage notes under the real estate investment trust company's Spirit Master Funding securitization platform.
The net-lease mortgage notes, rated A+ by Standard & Poor's, consist of $150m of Class A-1 notes and $360m of Class A-2 notes.
SunTrust Bank and Principal Global Investors provided $72.3m in financing to High Street Realty Company for the acquisition of the Cobb West Business Park in Austell, Georgia.
SunTrust provided a circa $61m senior mortgage loan, while Principal Global Investors contributed an $11m mezzanine loan.
Northwestern Mutual has provided a $92m loan to A&B Properties for the refinancing of the Pearl Highlands Center in Honolulu, Hawaii.
The 10-year fixed rate loan carries a 4.2% interest rate.
Bank responds to demand for Shariah-compliant finance
Private equity firm looking to pile into Spain
A new player in the European real estate debt market has bought the mezzanine debt secured against three UK business parks formerly owned by MEPC, Real Estate Capital can reveal. Highbridge Principal Strategies, owned by JP Morgan Asset Management, has taken just under £75m of a £335m whole loan secured against the regional assets that […]
Real estate debt funds targeting Europe have already raised more capital in 2014 than in any year since the downturn, according to research from Real Estate Capital’s parent PEI Media Research and Analytics. In the first half of 2014 alone $9.97bn was raised by funds targeting Europe, accounting for 53% of all real estate debt funds […]
The Commercial Real Estate Finance Council Europe (CREFC) has submitted its response to the Bank of England’s discussion paper examining the availability of credit data in the UK Headed by chief executive Peter Cosmetatos, CREFC’s response advocates establishing a loan database for commercial real estate financings and suggests that this resource should use CREFC’s European […]