Home Featured
Featured
Cain Hoy, the private investment company headed by former Heron director Jonathan Goldstein, is expanding its team after investing £1.3bn.
The company, which invests in both debt and equity, usually with partners, has made two hires in London and is looking to make a further senior hire in New York.
Bank of China has placed an $85 million mortgage on a recently developed condo conversion project at 166 East 66th Street on Manhattan's Upper East Side, whose developers recently came under the scrutiny of the state’s Attorney General.
MetLife has provided an $89 million loan to Taconic Investment Partners to refinance an Apple Store-anchored low-rise building at 401 West 14th Street in Manhattan’s Meatpacking District.
German student housing developer Deutsche Real Estate Funds, (DREF), has completed a promised increase in a bond it issued against its portfolio in the summer.
DREF increased the volume of the Deutscher Studenten Wohn Bond by €33 million, to €77m, via a private placement with German insurance companies, at a coupon of 4.675%.
Berkadia has originated $235 million in loans via Fannie Mae to refinance two Gerson Bakar & Associates apartment properties in Aliso Viejo, California.
Trepp expects a 60 basis point drop in November's US CMBS delinquency rate thanks to the anticipated resolution of a $3 billion securitized loan tied to Blackstone’s purchase of Stuyvesant Town-Peter Cooper Village.
Bank of America has provided an $86.8 million loan to Harbor Group International for the acquisition of Orchard Pond, a 63-building apartment complex in Gaithersburg, Maryland.
Colliers International (Colliers), the US-based real estate services firm, has won its case at the Court of Appeal in London, with a unanimous verdict that its valuation of a German mixed-use property at €135 million in 2005 was correct.
The latest case was the result of an appeal by Colliers following a High Court ruling last year that that it had over-valued a complex mixed-use property in Nuremberg, Germany, by €32 million.
Bank of America Merrill Lynch and Citi have closed the syndication of a €325 million Deutsche Interhotels loan in an oversubscribed deal, Real Estate Capital can reveal.
The syndication is one of a string that big banks are working on closing before the year end. Financial market volatility over the summer has not put off the deepening pool of banks, institutions and debt funds that want to buy CRE loans, they say.
M&G Investments has appointed senior originator Lynn Gilbert as head of senior real estate lending after the departure of Paul Dittmann.
Gilbert has stepped into the role which Dittmann had filled for the last four years since joining the insurance giant’s CRE debt investment team in 2011.