London residential specialist Mount Anvil has sourced £70 million of debt for its next development scheme in the capital with Royal Bank of Scotland. RBS is providing the loan for Hampstead Manor, the former King’s College London student residence at Kidderpore Avenue in Hampstead which Mount Anvil bought last year.
2 min read · 15 June 2016
ING Real Estate Finance, Credit Agricole CIB (CACIB) and UBI Banca have provided €100 million to refinance a designer outlet mall in Rome which they had originally financed in 2010.
1 min read · 15 June 2016
Finnish real estate investment company Sponda has agreed to syndicated credit facilities totalling €600 million from a club of Nordic and German banks.
1 min read · 14 June 2016
A panelist at the CREFC conference in Manhattan this week noted that he had recently visited a retail store to get a feel for a certain cooking pan, only to order it on Amazon.com on his way out the door.
3 min read · 14 June 2016
The Investment Property Forum has commissioned a trio of UK researchers to investigate how the sources of debt for real estate have changed since the onset of the global financial crisis in the UK and overseas.
2 min read · 14 June 2016
The two banks, which previously financed the 14-storey Defense Plaza in 2011, undertook the latest refinancing on behalf of the building’s owners, Northwood Investors and Beacon Capital Partners.
1 min read · 14 June 2016
ING Real Estate Finance has provided a €46.7 million loan to TH Real Estate to refinance a recently-purchased retail park in the Italian city of Bologna.
2 min read · 14 June 2016
After a dismal — if not abysmal — first quarter, where CMBS all but ground to a halt, the industry has some momentum as spreads have tightened and deal flow begins to pick up, delegates heard at the kickoff of the CRE Finance Council’s annual conference today in Manhattan.
3 min read · 13 June 2016
Wells Fargo has provided a $75 million Fannie Mae loan on an apartment building managed by a non-profit housing agency near Madison Square Garden in Manhattan.
1 min read · 13 June 2016
HSBC’s UK head of real estate finance, Shripal Shah, is joining JC Rathbone Associates to help beef up the firm’s real estate debt advisory business.
2 min read · 13 June 2016