ConnectOne Bank has provided a $22.3 million loan to Madison Realty Capital on the developer’s $37.6 million purchase of a commercial property in the Sunset Park neighborhood of Brooklyn, city property records show.
2 min read · 29 July 2016
Investors’ appetite of European real estate market is affected by the economic growth prospects and geopolitical risk.
2 min read · 29 July 2016
Cornerstone Real Estate Advisers has hired former ACORE Capital employee Joham Tavera to originate mezzanine loans, preferred equity, bridge loans and B-notes, primarily in the Western US markets, as Vice President of Alternative Investments.
2 min read · 28 July 2016
Several months ago, analysts warned that the increasing supply in the US lodging industry since the financial crisis may peak sometime in 2016, due to the addition of units outpacing demand and economic headwinds, as Real Estate Capital reported. But new numbers from a new Trepp report show that the lodging industry already has peaked.
2 min read · 28 July 2016
Amid the continuing uncertainty following the UK’s vote to leave the EU, LaSalle has put its best foot forward. Will others follow? News this week that LaSalle Investment Management (LaSalle) had put together a £110 million debt package to support a housing scheme in London’s Finsbury Park may have raised a few eyebrows. After all, in […]
3 min read · 28 July 2016
Edelweiss is eyeing a new fund following the launch of a turnaround unit for distressed assets last month.
1 min read · 28 July 2016
But the report also raises concerns that a “prepayment wave” may lessen mortgage REITs’ dividend returns the third quarter, due to the historically low interest rates in the US and globally providing prepayment incentives to borrowers.
2 min read · 27 July 2016
Bridge Investment Group Partners (Bridge-IGP) has secured $362 million in equity commitments for its subsidiary fund manager focused on debt.
1 min read · 27 July 2016
Quadrant Real Estate Advisors has completed $2.4 billion in loans (closed, committed or under application) year-to-date but will shift its focus away from construction loans as it pursues a previously established $3.5 billion target for 2016.
2 min read · 27 July 2016
LaSalle Investment Management has made a loan for its new residential debt fund and says it anticipates “an uptick” in lending opportunities in the wake of Brexit.
2 min read · 26 July 2016
