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Lloyds Bank has appointed a new head of UK regions for its commercial real estate unit.
Mesa West Capital has originated a $56.8 million first mortgage loan to the owners of the Northbridge Centre, a Class A office building in West Palm Beach, Florida.
The refinancing includes a new $41.7 million loan that has been consolidated with an existing $20 million consolidated loan from May of 2014.
Cornerstone Real Estate Advisers has provided an £87 million loan to PPHE Hotel Group to refinance the Park Plaza Victoria hotel in London.
The bank provided the three-year, floating-rate loan with two one-year extensions to R.D. Olson Development.
Natixis Real Estate Capital has provided a $101 million financing on a 21-floor commercial condominium in Lower Manhattan.
Bank of America has led the $123 million financing of Rubenstein Partners and Vision Real Estate Partners’ $136 million acquisition of the Warren Corporate Center in Warren, New Jersey.
Manufacturers and Traders Trust Company (M&T Bank) has provided $76.54 million to refinance the debt on a mixed-use development going up on the Upper East Side of Manhattan.
The owners of the Sony Building at 550 Madison Avenue in Manhattan are reportedly seeking about $1.4 billion to refinance the existing debt secured when they purchased the property in 2013.
Rockport Mortgage Corporation has provided $170.54 million in financing on a federal affordable public housing project in the Lower East Side of Manhattan, Real Estate Capital has learned based on city property records.
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