London-based Avamore Capital, the short-term property finance specialist, has hired Amit Majithia as a principal.
1 min read · 01 June 2016
The five-year, floating rate loan with extension options marks Mesa West’s third real estate deal with CapRidge in Austin and the firms’ fourth deal ever, Real Estate Capital has learned.
1 min read · 31 May 2016
CPPIB Credit Investments will acquire €150 million of the bond, while Cairn Capital will purchase the remaining €30 million and manage all funds. The bond is secured by prime real estate assets in Bucharest, Romania.
1 min read · 31 May 2016
A group of investors including China Life Insurance Company, RXR Realty and David Werner have completed the $1.649 billion purchase of 1285 Avenue of the Americas in one of the priciest office building transaction in New York City this year, city property records confirm.
2 min read · 31 May 2016
Student housing pioneer Nick Porter has stepped up the expansion of his Global Student Accommodation Group (GSA) with the full takeover of fund manager Coral Portfolio.
2 min read · 31 May 2016
Dutch bank ABN AMRO has promoted Brian McGirr to head of debt solutions in Asia and announced two other appointments in the team.
2 min read · 31 May 2016
Barclays has been appointed by the developer of the high-profile residential ‘Versace Tower’ in London to source over £200 million (€261 million; $292 million) of senior debt finance.
3 min read · 30 May 2016
The developer filed city applications to build a nine-story, 169-unit mixed-use building measuring roughly 112,300 sq ft at the vacant lot at 11-55 49th Avenue, in Long Island City.
1 min read · 27 May 2016
Apollo Commercial Real Estate Finance (ARI) has closed two commercial real estate loans in New York City totaling $95.5 million and has increased its borrowing capacity through JPMorgan Chase Bank to $800 million.
2 min read · 27 May 2016
The bank has provided a $65 million financing on the Stewart and Company office building and city landmark in Midtown Manhattan.
1 min read · 26 May 2016
