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Bank of the Ozarks has provided $83.5m in construction financing to McSam Hotel Group for the development of a hotel at 346-354 West 40th Street, city property records show.
Westbrook Partners has refinanced its high-profile Dolphin Square residential estate in Westminster, London with two financiers, Real Estate Capital can reveal.
Scottish Widows is the latest insurer to begin investing in commercial mortgages to help fund its pension liabilities, Real Estate Capital can reveal.
Mesa West Capital has provided a $27.4m loan to The Bascom Group and Oaktree Capital Management for the acquisition of an apartment building in Henderson, Nevada.
East West Bank has provided $44.6m in construction financing to The Integral Group and equity investor Argosy Real Estate for the construction of Eviva Mission Bay, a 129-unit multifamily community in San Francisco, California, Real Estate Capital has learned. The deal carries an approximate 78% loan-to-cost based on the project’s estimated $57.4m price tag.
TIAA Henderson Real Estate’s lending business has completed three UK loans totalling £200m, Real Estate Capital can reveal.
LaSalle Investment Management is to start lending against real estate in the Benelux region.
Laxfield Capital and JC Rathbone Associates are collaborating to offer a new debt advisory service to real estate borrowers in the UK and Europe.
Germany’s commercial real estate market is fiercely competitive and oversupplied with debt.
Deutsche Bank has released pricing guidance for its DECO 2015-HARP CMBS, the first secured by Irish collateral since 2006.
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