JC Rathbone Associates (JCRA), the debt advisory and hedging specialist, has agreed a new debt capital markets (DCM) collaboration with independent corporate broking house Peel Hunt.
3 min read · 18 October 2016
The five-year sterling swap, the benchmark for many UK commercial real estate property loans, has risen steadily in the last three weeks, pushing up costs for borrowers. According to hedging specialist JC Rathbone Associates, the five-year swap was only 0.46 percent on 27 September but had risen to 0.75 percent yesterday (17 October). The climb […]
3 min read · 18 October 2016
JPMorgan Chase is the lender on a $46.55 million financing to Unico Properties on three-property Platte Street Portfolio and an adjacent office development site in Denver, Colorado, county records show.
1 min read · 17 October 2016
Mesa West Capital has provided KBS Realty Advisors with a $90.5 million first mortgage loan to recapitalize its recent all-cash acquisition of Stonebridge Plaza I & II, a 386,000 sq ft Class A office campus in Austin, Texas.
1 min read · 17 October 2016
The storm ripped through the southeastern US states last week, beginning with heavy winds and torrential rain, then leaving behind massive flooding throughout the region in its aftermath, with a death toll of at least 45 so far.
1 min read · 17 October 2016
The Macquarie Group and Torchlight Investors have provided a $56 million refinancing to Presidio Companies on the 429-room Sheraton Forth Worth Hotel in Fort Worth, Texas.
1 min read · 17 October 2016
Prudential Mortgage Capital Company a $66.5 million loan to refinance 900 G Street, a 112,635 sq ft, nine-story boutique office building in Washington, DC’s East End.
2 min read · 17 October 2016
Federal Capital Partners (FCP) has closed FCP Realty Fund III, L.P. (Fund III), a $512.1 million fund targeting multifamily, commercial properties and structured opportunities throughout the Eastern US.
2 min read · 17 October 2016
Greystone, a real estate lending, investment and advisory company, has provided $42.6 million in total Fannie Mae Delegated Underwriting and Servicing (DUS) loans for two apartment communities in Phoenix, Arizona.
1 min read · 17 October 2016
The report, which Trepp presented to the Federal Reserve Board of Governors recently, states that the agency now expects only 20 percent of these loans to experience losses, compared to the 50 percent prediction that many institutional lenders and rating agencies had voiced.
2 min read · 17 October 2016
