Northwestern Mutual Real Estate has provided $170 million in financing for the newly-completed 70 Columbus, a 545-unit, Class A apartment tower in Jersey City, New Jersey.
1 min read · 14 April 2016
Negative interest rates implemented by central banks are driving up the costs of real estate lending, the Commercial Real Estate Finance Council (CREFC) Europe has warned.
4 min read · 14 April 2016
Wells Fargo has provided a €150 million revolving credit facility to unlisted Irish property investor IPUT.
1 min read · 14 April 2016
Ongoing regulatory changes are likely to create further opportunities for unregulated capital Spring is here, and with it, a more upbeat assessment of the prospects for real estate than the Sturm und Drang that prevailed at the start of 2016. But in the post-financial crisis world, it is a regulator’s job to be gloomy. Investors […]
3 min read · 14 April 2016
Metlife has provided a $50 million loan on a retail unit at 1 Irving Place, also known as the Zeckendorf Towers, Real Estate Capital has learned. The loan consolidates existing debt from MetLife with a new $29.8 million bridge loan. MetLife declined to comment on the financing.
1 min read · 14 April 2016
The former Colliers International UK valuer responsible for the disputed £1.2 billion valuation of London properties which backed the White Tower 2006-3 CMBS has denied bowing to pressure from the borrower to inflate the figures.
5 min read · 14 April 2016
The sharp fall in five-year swaps has depressed forecast returns for UK senior debt, from 3.7 to 3.3 percent.
3 min read · 14 April 2016
Kennedy Wilson Europe Real Estate (KWE), Kennedy Wilson’s listed investment vehicle, has issued a further €150 million of 3.25 percent bonds through a second draw-down on its Euro Medium Term Note (EMTN) programme.
2 min read · 14 April 2016
Natixis is the lender behind a $65 Million of first mortgage financing to San Carlos Associates for the refinancing Marriott Monterey Hotel in Monterey, California, Real Estate Capital has learned.
2 min read · 13 April 2016
The global alternative asset firm provided the loan to a joint venture between Related Realty and GreenOak real estate firm to purchase the Paragon Building at 21-00 49th Avenue.
2 min read · 13 April 2016
