By Al Barbarino For many of us who grew up in suburban America, the local shopping mall conjures nostalgic thoughts of childhood. The Camillus Mall in the suburbs of Syracuse, New York had one of those centerpiece water fountains filled with loads of coins. I remember gazing into its shallow pools as a kid, the coins glistening underwater, thinking […]
3 min read · 31 March 2016
Lloyds Bank has appointed a new head of UK regions for its commercial real estate unit.
2 min read · 31 March 2016
Mesa West Capital has originated a $56.8 million first mortgage loan to the owners of the Northbridge Centre, a Class A office building in West Palm Beach, Florida.
1 min read · 31 March 2016
Five commercial lenders have joined the Mechanics Bank as part of the Bay Area-based expansion of its Real Estate Industries Group capabilities. Walter Aozasa joins as a senior relationship manager, and Stephen Cairns, Chris Duffek, and Tom Mitchell will serve as vice presidents and relationship managers. George McCullagh becomes senior vice president and commercial banking regional manager.
2 min read · 30 March 2016
Principal Global Investors has provided a $43.3 million refinancing for the 625,424 sq ft office tower in downtown Atlanta, Georgia. The investment group provided the four-year, floating-rate loan to an affiliate of Five Mile Capital Partners to replace existing debt and provide future funds.
1 min read · 30 March 2016
The refinancing includes a new $41.7 million loan that has been consolidated with an existing $20 million consolidated loan from May of 2014.
1 min read · 30 March 2016
Cornerstone Real Estate Advisers has provided an £87 million loan to PPHE Hotel Group to refinance the Park Plaza Victoria hotel in London.
2 min read · 30 March 2016
The bank provided the three-year, floating-rate loan with two one-year extensions to R.D. Olson Development.
2 min read · 29 March 2016
Natixis Real Estate Capital has provided a $101 million financing on a 21-floor commercial condominium in Lower Manhattan.
1 min read · 29 March 2016
Bank of America has led the $123 million financing of Rubenstein Partners and Vision Real Estate Partners’ $136 million acquisition of the Warren Corporate Center in Warren, New Jersey.
1 min read · 29 March 2016
