Helaba Bank has provided $42 million in permanent financing to Arun Bhatia Development Organization (ABDO) for 35 Cooper Square, a new 12-story development in Manhattan’s NoHo neighborhood that has been fully leased to Marymount Manhattan College for student dormitories.
2 min read · 24 May 2016
Capital One Healthcare has provided a $51 million refinancing on a 77,805 sq ft biotech and laboratory building in Cambridge, Massachusetts, within walking distance of Harvard University.
1 min read · 24 May 2016
The total value of new commercial real estate loan origination hit a post-crisis high last year as lenders wrote £53.7 billion of new finance, according to the latest De Montfort Commercial Property Lending Report.
4 min read · 24 May 2016
Walton Street Capital has held the final closing for its first dedicated real estate debt fund, Walton Street Real Estate Debt (WSRED).
2 min read · 23 May 2016
The Paramount Group has closed its second debt fund, the Paramount Group Real Estate Fund VIII, with $755 million in commitments, primarily from German institutional investors.
1 min read · 23 May 2016
UK real estate investment manager Mayfair Capital Investment Management has completed a first close on its second residential debt fund, which will focus on London outside of its “highly valued” central zone.
2 min read · 23 May 2016
CMBS conduit loan-to-values declined for the first time in three years during the Q1 2016, according to Moody’s new “Sector Update” report.
1 min read · 20 May 2016
The hotel sector is peaking as demand stalls and certain markets experience revenue per available room (RevPAR) declines due to oversupply and their reliance on the energy sector, according to Fitch Ratings’ quarterly update.
2 min read · 20 May 2016
Deutsche Bank has provided $38 million in first mortgage leasehold financing for Marina del Rey Hotel, a 164-room, full service, boutique hotel in Marina del Rey, California, Real Estate Capital has learned.
1 min read · 20 May 2016
PPHE Hotel Group is continuing its debt maturity extension programme with a £182.4 million loan from AIG to refinance its flagship Park Plaza Westminster Bridge hotel.
2 min read · 20 May 2016
