Royal Bank of Scotland (RBS) has provided Empiric Student Property with £30.63 million of development finance to fund the construction of a portfolio of UK student housing schemes.
1 min read · 07 September 2016
Helaba has provided an €86 million loan to Frankfurt-based investor and asset manager Kintyre Investments to refinance a shopping centre in the German city of Oberhausen.
1 min read · 07 September 2016
The US CMBS delinquency rate decreased for the first time since February, falling eight basis points in August to 4.68 percent, according to Trepp’s monthly report.
1 min read · 06 September 2016
New York Community Bank has provided $52 million in loans to refinance an apartment building at 315 Central Park West on Manhattan’s Upper West Side.
1 min read · 06 September 2016
A trio of European banks have provided a €210 million term loan to refinance a Polish mall owned by Blackstone’s European retail platform.
1 min read · 06 September 2016
Public sector pension fund the Greater Manchester Pension Fund (GMPF) has bought a portfolio of performing real estate loans with a face value of around £30 million secured by property developments in North West England.
2 min read · 06 September 2016
German landesbank Helaba has formally opened a representative office in Stockholm as it aims to capture more business in the Nordic region.
2 min read · 06 September 2016
French real estate investment trust (REIT) Cegereal has agreed a €525 million refinancing with a club of European banks led by Aareal and Natixis.
1 min read · 05 September 2016
The Loan Market Association (LMA) has published a new recommended form of intercreditor agreement for use in real estate financing deals.
2 min read · 05 September 2016
Wells Fargo has provided a $145 million agency financing to the Brodsky Organization on the 430-unit Enclave at the Cathedral apartment building in the Morningside Heights neighborhood of Manhattan.
1 min read · 02 September 2016