A study from Savills shows that allocations into alternative real estate assets have increased by approximately 25 percent year-on-year over the past 15 years.
1 min read · 21 March 2016
Helaba had another very strong year in 2015, matching the €9.8 billion it lent on real estate in 2014 and comfortably exceeding its €8 billion target.
2 min read · 21 March 2016
Deutsche Bank has provided $188.7 million in acquisition financing to SW Management for the acquisition of two apartment buildings on Manhattan’s Upper East Side, Real Estate Capital has learned based on city property records.
2 min read · 18 March 2016
LAM Group broke ground on construction at the site, a few blocks south of the Empire State Building, in September. The hotel is set to open in 2018.
2 min read · 18 March 2016
A new report from the ratings agency noted specifically that overbuilding poses a greater threat to US hotels backing CMBS than the ‘minimal’ threat from peer-to-peer home renting platform Airbnb.
2 min read · 18 March 2016
Wells Fargo Bank has led the $750 million financing of the One New York Plaza office building in lower Manhattan.
1 min read · 18 March 2016
A consortium of four banks has financed Morgan Stanley’s ‘Great Beauty’ portfolio of three historic office buildings in the centre of Rome with a €150 million loan.
1 min read · 18 March 2016
Bank of the Ozarks and Terra Capital Partners have provided $84 million in financing for the construction of a residential condominium building at 30 Warren Street in Manhattan’s Tribeca neighborhood, split between a $65 million first mortgage and a $19 million mezzanine loan, respectively.
2 min read · 17 March 2016
Natixis has underwritten a term loan and revolving bridge facility totaling €154 million for CBRE Global Investors’ European Industrial Fund (EIF). The French bank structured and arranged a seven-year, €123.7 million term loan, bringing in AXA to take 50 percent of the debt.
1 min read · 17 March 2016
There’s nothing quite like MIPIM. On Tuesday, with the sun beating down and the tempo sedate, the property extravaganza in Cannes was keeping the punters calm and happy. On Wednesday, as the wind howled and rain lashed anyone brave enough to venture outside the packed Palais des Festivals ‘bunker’, the whole shebang suddenly seemed more challenging […]
3 min read · 17 March 2016
