A total of $235 billion of available debt capital is targeted towards global commercial real estate, according to new research unveiled at MIPIM by Cushman & Wakefield.
3 min read · 17 March 2016
Bank of America Merrill Lynch has sold the first CMBS of 2016, with the AAAs pricing tighter than the bank’s initial guidance. The bank sold the €141.6 million AAA tranche at a 130 basis points margin over three-month Euribor, which was tighter than its indicative pricing of 140-150 bps released on 7 March.
2 min read · 16 March 2016
CBRE Capital Markets has arranged a $125 million loan to refinance of The Tides at Lakeshore East, a 57-story, 608-unit, high-rise apartment tower in Downtown Chicago.
1 min read · 16 March 2016
Berlin Hyp became the second German pfandbrief bank to say that profits are likely to be lower this year than last when it unveiled results on 16 March. The bank posted a rise in 2015 profits before tax and transfer to shareholders, from €65.8 million to €93 million, after recording €5.4 billion of new business volume.
2 min read · 16 March 2016
Cornerstone Insurance & Financial Services provided a $165 million loan to BLDG Management and Ares Management.
1 min read · 16 March 2016
Ireland’s National Asset Management Agency (NAMA) is preparing to market a €250 million real estate loan portfolio known as Project Beara, Real Estate Capital has learned.
2 min read · 16 March 2016
The “Deka Realkredit Klassik” debt fund has amassed more than $600 million (USD) in net assets as it continues its strategy of purchasing the first position tranches tied to DekaBank’s existing commercial real estate loans.
2 min read · 16 March 2016
TH Real Estate is preparing to launch a search for circa €500 million of debt to refinance its €2.2 billion Cityhold Office Partnership, Real Estate Capital has learned.
1 min read · 16 March 2016
MetLife has provided a $60 million to refinance the Grand Bohemian Hotel in downtown Orlando, Florida.
1 min read · 15 March 2016
Political, economic and financial headwinds threaten to blow market off course, says Colliers
2 min read · 15 March 2016
