Starwood, which is led by Barry Sternlicht (pictured), is said to have been pondering whether to re-brand its real estate loan servicing and advisory businesses, LNR and Hatfield Philips International (HPI), ever since it acquired them in 2013.
3 min read · 25 August 2016
Bank of America has provided a $106 million acquisition loan on the eight-building Parkwood Crossing office park in a suburb of Indianapolis, Indiana, a source confirmed to Real Estate Capital.
2 min read · 25 August 2016
John Hancock Real Estate Finance Group has provided a $73 million loan on the 398-unit Vermella Harrison housing community in the northern New Jersey city of Harrison. The lender provided the 10-year fixed-rate loan to Russo Development.
1 min read · 25 August 2016
German landesbank Helaba wrote €4.9 billion of new business through its real estate segment during the first half of 2016, a drop of 6 percent from the same period last year.
2 min read · 25 August 2016
The European syndicated real estate loan market had its weakest first half of a year since 2013 during H1 2016, according to new figures compiled by financial data provider Dealogic.
2 min read · 24 August 2016
JLL Capital Markets has provided a $42.5 million agency loan on a 314-unit Millennium Six Pines multifamily in the Woodlands, Texas community north of downtown Houston.
1 min read · 23 August 2016
Starwood Property Trust is in talks to sell European real estate loan servicing and debt advisory firm Hatfield Philips International (HPI), which is led by chief executive Blair Lewis (pictured), according to an article by Bloomberg.
2 min read · 23 August 2016
Berlin Hyp has provided a loan of €80.6 million to finance the development of a residential and hotel tower scheme in Hamburg.
2 min read · 22 August 2016
Macquarie Lending, the investment arm of the Australian bank Macquarie, has provided a €300 million whole loan financing of a private hospital based in Ireland, according to Real Estate Capital’s sister publication, Private Debt Investor.
1 min read · 22 August 2016
Fitch Ratings data first seen by Real Estate Capital shows that just 8.5 percent of maturity-related special servicing transfers that occurred through mid-July of 2016 were paid off within 30 days, which should appease concerned borrowers and investors.
1 min read · 19 August 2016