Home BMO

BMO

Lloyds Commercial Real Estate has provided a £147.5m, five-year whole loan to Bank of Montreal (BMO) Real Estate Partners, formally known as F&C REIT, for the purchase of Parkgate retail park in South Yorkshire. The facility reflects a loan-to-value of 85% on the purchase price of £175m, which BMO paid to Hercules Unit Trust in August.
BMO Capital Markets, the investment banking arm of Bank of Montreal, has led a $200m syndicated financing for New Jersey-based Monmouth Real Estate Investment Corporation (MNR), a real estate investment trust.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination