Bank of America has refinanced American Greetings Corporation One American Boulevard in Crocker Park in Westlake, Ohio, a suburb of Cleveland, according to data from Real Capital Analytics.
1 min read · 19 October 2016
ACORE Capital has provided a $82.5 million financing to Brack Capital Real Estate on its 107,000 sq ft mixed-use development at 627 Greenwich Street in the West Village neighborhood of Manhattan.
1 min read · 19 October 2016
JPMorgan Asset Management – Global Real Assets announced today that it is serving as investment manager for Samsung SRA Asset Management’s first US office mezzanine debt fund.
2 min read · 19 October 2016
HIG Capital is expanding the debt investment capability of its European real estate team with the hire of two new directors, Real Estate Capital has learned. The US-owned hedge fund has recruited Natale Giostra, formerly of CNM Estates, and Stelios Theodosiou who worked in Deutsche Bank’s London-based European special situations team.
2 min read · 19 October 2016
Austria-based banking group Raiffeisen has provided more than €50 million of debt to refinance the luxury Four Seasons Hotel Gresham Palace in Budapest, in a deal arranged by Cushman & Wakefield’s EMEA structured finance unit.
2 min read · 19 October 2016
German mortgage bank MünchenerHyp wrote €901.5 million of new commercial property lending in the year to 30 September 2016, down from around €1.3 billion in the same period last year.
1 min read · 19 October 2016
Cigna Investments has provided a $43 million acquisition loan to Pure Multi-Family REIT (Pure Multi) on the 368-unit Alexan Fairmount mid-rise apartment community in Dallas, Texas.
1 min read · 18 October 2016
Apollo Commercial Real Estate Finance (ARI) has provided a $130 million junior mezzanine loan to an undisclosed borrower on a 155-property US healthcare portfolio, bring the firm’s total financing on the portfolio to $1.05 billion.
1 min read · 18 October 2016
Goldman Sachs is providing a $304 million financing package for the $467.5 million acquisition of AMA Plaza in the River North area of Chicago, Illinois.
1 min read · 18 October 2016
Industrial property investor/developer SEGRO, as venture adviser to the SEGRO European Logistics Partnership (SELP), has launched a bond issue and agreed a new credit facility in order to refinance existing debt.
2 min read · 18 October 2016