The UK’s property investment community gathered for their annual dinner in London last night and around the tables and in the bar there was just one topic of conversation. In surprising contrast, the person who stood out because he didn’t mention the country’s historic vote to leave the European Union was the guest speaker and prominent Brexit supporter, Luke Johnson.
3 min read · 30 June 2016
Following its exit from most of its most of its financial services businesses, GE Capital has shed its designation as a systemically important financial institution (SIFI).
2 min read · 29 June 2016
The Fannie Mae credit facility went to a joint venture between The Scion Group, GIC and the Canada Pension Plan Investment Board that purchased the portfolio from InvenTrust Properties Corporation for $1.4 billion.
2 min read · 29 June 2016
A partnership between Becknell Industrial and a fund managed by UBS Asset Management have secured a $250 million loan for the acquisition of a 14 million sq ft US industrial portfolio.
1 min read · 29 June 2016
Lone Star and JP Morgan have struck a deal to buy the Dutch ‘bad bank’ Propertize for €895.3 million, representing the largest sale of legacy real estate loans in the Netherlands to date.
3 min read · 29 June 2016
The loan went to an affiliate of the Saudi investment firm Sidra Capital which purchased the property from Lincoln Property Company, county records show. Sidra reportedly paid $130 million for the property, bringing the financing’s loan-to-value 53.8 percent.
1 min read · 28 June 2016
The commercial mortgage-backed securities market could be headed for a period of “February-like hibernation,” at least in the short-term, until the dust settles from the surprise Brexit vote last week, according to industry research firm Trepp.
2 min read · 28 June 2016
Canary Wharf Group has financed the development of its 60-storey Newfoundland PRS residential tower at its London Docklands estate with Barclays and Royal Bank of Scotland, Real Estate Capital has learned.
2 min read · 28 June 2016
Pbb Deutsche Pfandbriefbank has provided a kr275 million (€29.2 million, £24.3 million as at 28 June) loan to a fund managed by Standard Life Investments to finance its acquisition of a Swedish retail park.
2 min read · 28 June 2016
Bank of America has provided a $42.6 million acquisition loan on the 238,205 sq ft office building in the Los Angeles area.
1 min read · 27 June 2016
