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While the survey responses indicate a jump in demand for core assets, interest in "secondary, value-add and alternative opportunities" has declined.
Real estate debt manager Venn Partners has launched a new Dutch-focused mortgage lender and is seeking to lend €2 billion to residential buyers by 2018.
Blackstone has raised $2.05 billion for Blackstone Real Estate Debt Strategies (BREDS) Fund III, according to documents filed with the SEC.
Helaba had another very strong year in 2015, matching the €9.8 billion it lent on real estate in 2014 and comfortably exceeding its €8 billion target.
Deutsche Bank has provided $188.7 million in acquisition financing to SW Management for the acquisition of two apartment buildings on Manhattan’s Upper East Side, Real Estate Capital has learned based on city property records.
LAM Group broke ground on construction at the site, a few blocks south of the Empire State Building, in September. The hotel is set to open in 2018.
A new report from the ratings agency noted specifically that overbuilding poses a greater threat to US hotels backing CMBS than the ‘minimal’ threat from peer-to-peer home renting platform Airbnb.
Wells Fargo Bank has led the $750 million financing of the One New York Plaza office building in lower Manhattan.
A consortium of four banks has financed Morgan Stanley’s ‘Great Beauty’ portfolio of three historic office buildings in the centre of Rome with a €150 million loan.
Bank of the Ozarks and Terra Capital Partners have provided $84 million in financing for the construction of a residential condominium building at 30 Warren Street in Manhattan’s Tribeca neighborhood, split between a $65 million first mortgage and a $19 million mezzanine loan, respectively.
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