A new report from PIMCO underscores the opportunities arising from volatility in the US CRE markets.
2 min read · 23 June 2016
Lincoln Financial provided a $46.2 million loan to refinance Summer Meadows and Summers Crossing, two garden-style multi-housing communities totaling 683 units in Plano, Texas.
1 min read · 23 June 2016
Fortress Investment Group has provided a $52.7 million financing on the 250-room Sheraton Fort Lauderdale Airport in Dania Beach, just north of Miami, Florida. The loan went to Cohen Brothers Realty Corporation which purchased the property in May 2014 for $34.3 million, county records show.
1 min read · 23 June 2016
European CRE finance industry gets mixed signals on interest rates in the face of the UK’s EU referendum
3 min read · 23 June 2016
Though regulation and volatility have handed more business to non-bank real estate firms, some are finding lower returns then they had a couple years ago.
2 min read · 23 June 2016
Loan servicing and advisory firm Solutus has hired Gareck Wilson (pictured) from Brookland Partners as its new head of business development.
1 min read · 22 June 2016
The 10-year loan went to Cornerstone Real Estate Advisers who purchased the property from Invesco Advisers for $90.8 million, bringing the loan-to-value to 50.2 percent, city property records show.
1 min read · 22 June 2016
Santander Corporate and Commercial Banking has provided a £27 million revolving credit facility (RCF) to real estate investor Picton.
2 min read · 22 June 2016
Hadrian’s Wall Secured Investments has completed an initial public offering (IPO) on the London Stock Exchange, raising £80 million (€104 million; $117 million) and becoming the first main market IPO of an investment company on the exchange this year.
2 min read · 22 June 2016
The reportedly $9.3 billion fund seeks “well capitalized and stable” firms to independently manage the firm’s core and non-core debt investments, according to a Request for Proposal (RFP) released last week.
2 min read · 21 June 2016
