Returns from UK senior debt stabilised in the first three months after the Brexit vote according to CBRE, but more volatility is likely in the coming months. In its latest quarterly UK debt prospects report, the firm said its forecast for annualised gross returns from five-year lending in the third quarter 2016 was 3.1 percent, unchanged from Q2 2016.
2 min read · 17 October 2016
New lending to UK commercial real estate dropped by 13 percent during the first half of 2016, reflecting the slowdown in investment activity across the market, the latest De Montfort University report on commercial property lending shows.
5 min read · 16 October 2016
Columbia Sussex Corporation has secured $70 million of floating-rate financing for the acquisition of the Hyatt Regency Denver Tech Center, a 451-room full-service hotel located in Denver, Colorado.
1 min read · 14 October 2016
The private multifamily and healthcare properties lender has provided four fixed-rate agency loans with 30-year amortization schedules since the beginning of September.
1 min read · 14 October 2016
Blackstone Mortgage Trust (BXMT) has provided a $145.5 million non-recourse, floating-rate loan to The Generation Companies and partner StepStone Group Real Estate for a portfolio of 23 select service, extended stay hotels.
1 min read · 14 October 2016
A government crackdown on a for-profit college accreditation agency last month has increased the default risk of $400.6 million in CMBS loans backed by for-profit colleges, a new report from Morningstar Credit Ratings shows.
2 min read · 14 October 2016
Man Group has acquired Aalto Invest Holdings, which the London-based investment manager said will allow for the launch of a new private markets business.
3 min read · 14 October 2016
CBRE Capital Markets’ Debt & Structured Finance a $140 million loan from Morgan Stanley for the refinance of Huntington Center, a 37-story, 907,010 sq ft Class A office tower in Columbus, Ohio, Real Estate Capital has learned.
2 min read · 13 October 2016
Independent Bank has provided a $25.77 million acquisition loan to Taurus Investment Holdings on the 220,693-sq ft Pyramid office building in San Antonio, according to property records.
2 min read · 13 October 2016
Chicago-based real estate investment management firm Heitman has reportedly launched a new real estate debt fund, Heitman Core Real Estate Debt Income Trust.
2 min read · 13 October 2016
