Home Featured
Featured
Investec Bank Structured Property Finance has provided a £26 million stretch senior loan to infrastructure group Balfour Beatty to finance the development of a student accommodation scheme in Glasgow.
Clearbell’s director responsible for debt structuring, Nisha Raghavan, has left to join expanding European private equity firm EQT.
At Clearbell, the UK opportunistic investment manager headed by Manish Chande, Raghavan reported to partner and chief financial officer Sally Doyle-Linden.
The Class X noteholder in four distressed Titan Europe CMBS deals has lost its High Court action to recover millions of pounds of additional interest.
The multifamily investor, in partnership with MSD Capital, secured the financing on its acquisition of a 1,004-unit apartment portfolio in suburban Baltimore, Maryland, Real Estate Capital has learned.
While the transaction has above average concentrations of hotel loans, which are more likely to default, it also has an overall lower than average loan-to-value, according to Fitch.
The US CMBS delinquency rate inched up a single basis point in April to 4.23 percent following a 7 bps jump in March.
Apollo Commercial Real Estate Finance (ARI) reported $328 million in new debt investments for the first quarter of the year.
Bank of America Merrill Lynch (BAML) is marketing its second German CMBS deal of the year, in what would be Europe’s second public CMBS issue of 2016 so far.
ING Real Estate Finance and LBBW have jointly underwritten a £400 million refinancing of the City of London’s Salesforce Tower, the building formerly known as the Heron Tower.
TD Bank announced this week that its Commercial Real Estate (CRE) Group closed more than 300 financing transactions totaling $5.1 billion in 2015.