JLL’s Capital Markets team announced this week that it arranged a $97 million refinancing the Crown Retail Portfolio, a seven property portfolio with in Brooklyn and Queens. Goldman Sachs provided the loan to Crown Acquisitions.
1 min read · 19 April 2016
European securitised loans that contain more aggressive provisions can pose risks for CMBS investors, says Fitch.
4 min read · 19 April 2016
Helaba has provided a €133 million loan to Valad Europe to refinance its Valad Polish Retail Fund (VPRF).
2 min read · 19 April 2016
Wells Fargo has provided a $150 million financing on a 52-story Tribeca Tower apartment building in Manhattan. The bank provided the financing to the 105 Duane Street building’s owner Related Companies, property records show.
1 min read · 18 April 2016
US CMBS 2.0 loans entering special servicing have increased year-over-year and now comprise a larger proportion of overall loans in special servicing, according to Fitch Ratings.
1 min read · 18 April 2016
Mesa West Capital has provided $43.5 million in financing to refinance six retail condominiums at 201 Newbury Street in Boston, Massachusetts.
1 min read · 18 April 2016
Federico Montero, the well-known loan portfolio sales advisor, has left Cushman & Wakefield after four years with the company.
2 min read · 15 April 2016
Merlin Properties, the Spanish SOCIMI, has completed an €850 billion unsecured bond issuance with a maturity of seven years and an all-in cost of 2.225 percent.
2 min read · 15 April 2016
Lloyds Bank Commercial Banking has syndicated 50 percent of its recent loan to fund development at London’s O2 arena to Industrial and Commercial Bank of China (ICBC).
2 min read · 15 April 2016
The Washington Square Mall in Indianapolis, Indiana, which has been resolved with heavy losses, according to April remittance data flagged by Trepp.
2 min read · 14 April 2016