Maverick Real Estate Partners has announced the private equity manager is raising money for its fourth debt fund, Real Estate Capital has learned. The fund is seeking opportunistic returns on distressed debt.
1 min read · 10 June 2016
Blue Rock Partners secured a $56.5 million loan from Grandbridge Real Estate Capital for the $70 million acquisition of the former River Chase, a 78-building, 776-unit apartment complex in Tampa, Florida.
2 min read · 10 June 2016
Ireland’s National Asset Management Agency (NAMA) has selected Oaktree Capital Management to buy two portfolios of non-performing real estate loans with a combined face value of €4.7 billion ($5.3 billion).
3 min read · 10 June 2016
The credit quality of the conduit CMBS deals rated by Kroll Bond Ratings Agency (KBRA) so far this year has been superior to that of non-KBRA deals, according to new report from the ratings agency.
2 min read · 09 June 2016
MetLife has provided a $170 refinancing on the Bristol apartment building in the Sutton Place neighborhood in Manhattan. The loan consolidated existing debt that the life insurance company provided the borrower in 2010 with a new $108.2 million mortgage, property records show.
1 min read · 09 June 2016
HSH Nordbank’s new business was significantly boosted by €4.5 billion of real estate lending during 2015, a year in which the EU and Germany provisionally agreed a restructuring plan for the state-owned bank.
3 min read · 09 June 2016
Pbb Deutsche Pfandbriefbank has provided more than €150 million of finance to fund the redevelopment of a vacant office tower complex in Frankfurt into high-end apartments and a luxury hotel.
2 min read · 09 June 2016
M&G Real Estate Finance, one of the leading European institutional debt fund lenders, has seen a significant fall-off in lending in 2016.
2 min read · 09 June 2016
The banks haven’t exactly ‘pulled back’ from commercial real estate lending, but they have shifted focus. And that’s not a bad thing… “The banks are pulling back due to regulations” seems to have become part of the accepted CRE finance lexicon. The only problem is that, on the whole, based on facts and comments from […]
3 min read · 08 June 2016
TH Real Estate has struck a deal with two South Korean insurance companies to invest in UK commercial real estate debt.
1 min read · 08 June 2016
