ABN Amro has structured a circa €460 million refinancing for Round Hill Capital’s Dutch residential portfolio in the largest transaction of its kind in the Netherlands. The five-year facility, arranged and distributed by the bank as a private placing, covers 7,000 of Round Hill’s 9,000-strong portfolio of Dutch residential units.
2 min read · 06 October 2016
Mesa West Capital has written $67.7 million in loans across two separate Chicago deals, bringing the lender’s total originations into the local market to $750 million.
2 min read · 05 October 2016
The US CMBS delinquency rate resumed its upward climb in September, rising 10 basis points following declines in August, according to Trepp’s monthly report.
2 min read · 05 October 2016
The Deka Realkredit Klassik debt fund has purchased a senior $25 million tranche of a commercial real estate loan that was used to refinance One New York Plaza in Manhattan earlier this year.
1 min read · 05 October 2016
The UK’s seven most important banks and building societies have completed their latest round of stress tests and submitted their results to the Bank of England.
2 min read · 05 October 2016
Capital One Multifamily Finance has provided an $89.25 million Freddie Mac loan to the company that owns the housing community Windsor Park in Queens, New York City.
1 min read · 05 October 2016
Citizens Bank has provided a $90.6 million loan for the acquisition of a group of senior housing facilities that are part of The New Jewish Home in the New York City borough of The Bronx.
2 min read · 05 October 2016
The majority of European real estate lenders remain willing to finance UK commercial property despite the country’s Brexit vote, according to new research by Cushman & Wakefield, which also showed that margins have increased and loan-to-value (LTV) ratios have dropped across Europe.
3 min read · 04 October 2016
Pan-European logistics developer P3 Logistic Parks has closed a €1.4 billion refinancing of its portfolio in the largest real estate financing this year, and ahead of a potential sale of the business. The company has put three seven-year facilities in place, bringing in new lenders, and providing capital to take advantage of future opportunities.
2 min read · 04 October 2016
Lodha Group has secured development finance for one of its two flagship London residential projects with alternative lender Cain Hoy Enterprises. Cain Hoy is refinancing a pbb loan witha £78 million bespoke finance package for development of Lincoln Square, the recently renamed New Court, 48 Carey Street, WC2 which is to be redeveloped as 202 apartments.
3 min read · 04 October 2016