SEGRO, the UK real estate investment trust (REIT), has announced that Justin Read, the firm’s group finance director since August 2011, will step down later this year.
1 min read · 13 April 2016
The New York branch of the Canadian Imperial Bank of Commerce (CIBC) has provided a $75 million financing on a 413,000 sq ft high-end multifamily residential project in the New York City borough of Queens.
1 min read · 12 April 2016
The negligent valuation case brought by CMBS issuer White Tower 2006-3 against Colliers International UK began in London’s High Court last Friday (8 April).
4 min read · 12 April 2016
Allen & Overy’s former head of real estate finance Mark O’Neill is joining rival magic circle law firm Linklaters. O’Neill officially retired from Allen & Overy last year after more than 20 years there, latterly as head of the REF group and having been a partner in the banking practice since 1995.
1 min read · 12 April 2016
Northwestern Mutual has provided $563.5 million to TIAA for the refinancing of three office properties in Boston, Massachusetts, Washington, DC, and Miami, Florida.
1 min read · 12 April 2016
ESO Capital has acquired a majority stake of 58.5 percent, for an undisclosed sum, in LOANCOS Group (LOANCOS), a German real estate credit financing service provider.
2 min read · 12 April 2016
JP Morgan has recruited Alexander Storton from rival Bank of America Merrill Lynch to beef up its European real estate debt distribution capability, Real Estate Capital has learned.
3 min read · 12 April 2016
M7 Real Estate, the pan-European property investor and asset manager, has appointed David Simmonds as its chief financial officer.
2 min read · 12 April 2016
Private investment firm Orangewood Partners has launched the Peaceable Street Capital (PSC) preferred equity platform in an effort to capitalize on the volatile CMBS markets.
2 min read · 11 April 2016
Venn Partners has held a second close for its first real estate debt fund, bringing total capital raised for the vehicle to £185 million.
2 min read · 11 April 2016
