AnaCap Financial Partners has completed a final close on its third credit fund after raising almost €600 million in capital commitments, according to Real Estate Capital’s sister title, Private Debt Investor.
2 min read · 06 June 2016
A new leadership line-up has been unveiled at Lloyds Bank’s commercial real estate division following the decision by former head of private real estate corporates Marty Green to return to his native Australia.
2 min read · 06 June 2016
The occupancy rate in Miami’s 400 hotels has dipped by 1.9 percent YTD April 2016 and by 0.3 percent in 2015, after the rates increased for five consecutive years following the recession, according to a new Kroll Bond Rating Agency report.
2 min read · 03 June 2016
The non-recourse $80m senior loan coupled with $30m of preferred equity made for a blended loan-to-cost just north of 80 percent, Eric McGlynn of Cohen Financial’s Miami office told Real Estate Capital.
2 min read · 03 June 2016
Starwood Property Trust is marketing a debt fund that will invest in the B-pieces of commercial mortgage-backed securities.
2 min read · 02 June 2016
The 12-year Fannie Mae DUS loan holds a 30-year amortizing structure, with eight years yield maintenance and is interest-only for the first two years.
2 min read · 02 June 2016
Trepp has released its monthly CMBS Delinquency Rate report, showing a 12 basis point increase in May to 4.35 percent, and marking the third consecutive monthly rate rise.
1 min read · 02 June 2016
CRE multifamily lenders are shifting focus amid new Federal Housing Finance Agency regulations and increased demand for affordable housing Commercial real estate lenders are looking to ramp up the financing of lower-to-moderate income multifamily housing in 2016 as agency lenders see their lending caps increased and the high-end condo and rental markets, particularly in gateway cities […]
3 min read · 02 June 2016
The floating rate loan backs 260,000 sq ft of office space occupied by the tech giant, which struck the deal to lease the space when it was still under construction in March of 2015.
2 min read · 01 June 2016
Pillar announced today that Arthur Tuverson, managing director of Pillar’s MHC/RV Resort Group in San Clemente, California has originated more than $40 million in Fannie Mae loans and Freddie Mac loans.
2 min read · 01 June 2016