Brightstar Financial, a UK-based specialist lender, has launched a new division called Sirius Private Clients that will focus on financings for high net worth (HNW) residential and commercial real estate transactions.
1 min read · 04 October 2016
BNY Mellon’s US real estate investment boutique, Amherst Capital Management, has hired Gabriel Boyar as a managing director of its CRE lending originations team.
1 min read · 03 October 2016
Damage from falling oil prices to the Houston, Texas office market has intensified, which could continue to deter lenders from America’s energy capital.
2 min read · 03 October 2016
Barings Real Estate Advisers (formerly Cornerstone Real Estate Advisers) has closed on its purchase of the mortgage banking subsidiary of Ares Commercial Real Estate Corporation, ACRE Capital, for $93 million.
2 min read · 03 October 2016
ACOFI, the Paris-headquartered fund manager, has secured approximately €420 million in commitments for PREDIREC Immo IV, its fourth CRE debt fund.
1 min read · 03 October 2016
Barclays has securitised £2.43 billion of granular UK property loans to free up capital, with £1.82 billion rated triple AAA. Barclays declined to comment on the deal, Griffon Funding, but it is understood the issue is for treasury management purposes and will be substantially held by the bank rather than sold in the market.
2 min read · 30 September 2016
Toys “R” Us is reportedly seeking $600 million to refinance 123 of its stores, primarily through a CMBS offering.
2 min read · 29 September 2016
The mood of the European property finance market was tested this week on London’s Pall Mall, as Real Estate Capital held our third Finance Forum: Europe. Professionals from an array of organisations joined us in the Georgian splendour of the Institute of Directors to discuss the big questions facing the industry.
3 min read · 29 September 2016
Resource Real Estate Funding has provided a $31.5 million acquisition loan to the Bascom Group on the 312-unit Trellis Park Crossroads Apartments in North Las Vegas, Nevada.
1 min read · 29 September 2016
German firm Caerus Debt Investments has launched a new real estate debt fund, with a target final close of €300 million, according to Real Estate Capital’s sister title, Private Debt Investor.
2 min read · 29 September 2016
