Manufacturers and Traders Trust Company (M&T Bank) has provided a $49.34 million loan to Alloy Development Holdings on a 130,000 sq ft residential condo development in the Dumbo neighborhood of Brooklyn.
1 min read · 05 August 2016
Natixis has provided a total of $57.5 million on two properties in Washington State and Florida.
1 min read · 05 August 2016
Republican presidential nominee Donald Trump has named a 13-man economic advisory team made up of an array of bankers, billionaires, businessmen and real estate bigwigs including Steven Roth, chairman and CEO of Vornado Realty Trust, and Howard Lorber of Vector Group.
2 min read · 05 August 2016
Pbb Deutsche Pfandbriefbank has provided a total of €120 million ($133.8 million) in loans on the acquisition of ten properties in Western Germany. The lender provided the loans to affiliates of the Catalyst Capital European Property Fund II that purchased the portfolio from TRIUVA (formerly IVG Institutional Funds) and a large German public sector pension scheme.
1 min read · 04 August 2016
Until now developers have sought to capitalize on the greater returns offered by the residential market, but the landlords’ market is turning as prices and rents level off.
3 min read · 04 August 2016
Berkeley Point Capital has provided a $211.9 million refinancing on a 9-property portfolio to Steadfast Companies and its Steadfast Income REIT. The national lender of agency and non-agency multifamily loans provided the seven year, floating-rate loan through Freddie Mac.
1 min read · 04 August 2016
Tritax Big Box REIT has secured a £72 million ($94.6 million) fixed-rate, interest-only loan against a three-asset portfolio, marking its first lending facility through Canada Life Investments.
2 min read · 04 August 2016
CBRE Global Investors announced two internal promotions in its EMEA organisation.
1 min read · 04 August 2016
Greystone has provided $49.4 million in Freddie Mac loans to refinance two assisted living and memory care facilities in Carmichael, California and Denver, Colorado. A 10-year, $25.15 million Freddie Mac Seniors loan with 30-year amortization was provided to Oakmont Senior Living at Oakmont of Carmichael, a newly constructed two-story, 71-unit AL/MC community on 2.38 acres. […]
1 min read · 03 August 2016
The bank provided the seven-year, floating rate loan to LaSalle Investment Management to refinance existing debt on the property.
1 min read · 03 August 2016
