The real estate crowdfunding platform Sharestates has surpassed $1.3 billion in capital commitments after securing up to $500 million each from a private equity fund and a private real estate fund.
1 min read · 15 September 2016
Hong Kong-based Regal Real Estate Investment Trust (Regal REIT) has announced that its wholly-owned subsidiaries, Bauhinia Hotels Limited and Rich Day Investments Limited, have secured a HK$5.5 billion (€632 million; $710 million) revolving loan facility with nine local and international banks and financial institutions.
2 min read · 14 September 2016
Greystone has provided a $45 million bridge loan to Ilan Investments on its acquisition of the 444-unit Tampa Woods Apartments community in Tampa, Florida.
1 min read · 14 September 2016
DRC Capital has hired Trevor Homes (pictured) from Islamic property bank Gatehouse to head its senior mortgage lending in the UK and Europe, Real Estate Capital has learned.
2 min read · 14 September 2016
Natixis Real Estate Capital has provided a $132 million CMBS loan to Rentar Development Corporation for the refinance of Rentar Plaza in the Middle Village neighborhood of Queens, New York.
1 min read · 13 September 2016
Deutsche Bank provided a $62.5 million loan to Menlo Equities to refinance Irvine Crossings, a 395,673 sq ft, single-story datacenter and technology property in Irvine, California.
2 min read · 13 September 2016
Independent real estate debt fund manager Aeriance Investments has written £160 million of loans across 15 deals during 2016 to date, it has reported. The firm said this takes total underwriting across its four funds to £1.35 billion since inception.
2 min read · 13 September 2016
Non-core real estate loans and lender-owned properties with a face-value of €24.4 billion have been sold in Europe this year, according to the first loan sales report to be published by Federico Montero (pictured) since his move from Cushman & Wakefield to investment banking firm Evercore.
4 min read · 13 September 2016
Vornado Realty Trust has completed a $675 million refinancing on the trust’s iconic 3.6 million sq ft Merchandise Mart (MART) retail and office building near downtown Chicago.
2 min read · 12 September 2016
Thorofare Capital has provided nearly $135 million in short-term first mortgage debt in the past 60 days, including a $38.5 million loan to revamp a creative commercial complex in Seattle, Washington, Real Estate Capital has learned.
3 min read · 12 September 2016
