UK property company Shaftesbury has turned to the bond market to raise £285 million of capital.
2 min read · 10 October 2016
Walker & Dunlop has provided a $469 million financing to Cortland Properties on 13 of its multifamily properties in Texas, Georgia and Florida.
1 min read · 07 October 2016
Amsterdam-based fund manager Amvest has refinanced its Dutch residential property fund with a €700 million facility provided by three banks.
1 min read · 07 October 2016
The investment management arm of French insurance firm AXA is raising follow-on capital for its real estate lending strategy, Real Estate Capital has learned.
2 min read · 07 October 2016
JPMorgan has syndicated the mezzanine tranche of a circa €200 million whole loan which it underwrote for Lone Star’s €328 million acquisition of property company Centrice, in June.
2 min read · 07 October 2016
ING Real Estate Finance has increased its lending to Dutch client Woonhave by almost 50 percent to finance the acquisition of a residential portfolio in Rotterdam. Woonhave used the facility, enlarged from €112 million to €169 million, to buy the assets from Dutch private investor Van der Vorm.
2 min read · 07 October 2016
Ares Commercial Real Estate Corporation provided a $159 million senior loan commitment collateralized primarily by self-storage properties across a multi-state area, which brought total senior loan commitments for Q3 to approximately $605 million, with $577 million of initial funding.
2 min read · 06 October 2016
Kroll Bond Rating Agency (KBRA) noted in its monthly report that overall CMBS deal volume has increased the last three months, while the strong credit worthiness throughout the conduit market the third quarter may deteriorate.
2 min read · 06 October 2016
It was a relatively small deal but it may have signalled something big. This summer, Pembrook Capital Management stepped in with a $16.6 million loan to support the acquisition of the Mark Twain Hotel in Chicago by NHP Foundation, a New York-based not-for-profit real estate corporation.
3 min read · 06 October 2016
Real estate loan servicer and debt adviser Situs is setting up a valuation appraisal business in Europe in another expansion move under new owner Stone Point Capital. The Houston-headquartered firm has hired Taco Brink of Altus Group to set up the European operation, which will be badged under the ‘Situs RERC’ brand.
2 min read · 06 October 2016
