UK retail REIT Hammerson is aiming to raise €500 million through a bond issue in order to partially refinance the revolving credit facility which funded its purchases of an Irish loan portfolio and a shopping centre in Birmingham.
2 min read · 08 March 2016
Allianz Life Insurance Co. of North America has provided a $49.75 million mortgage to an affiliate of Triarch Investment Group to purchase a 280,000 sq ft office park in Miami, Florida.
1 min read · 07 March 2016
Amid continuing low interest rates, ease of availability and low return requirements, senior loans in Germany are tipped to “increase in attractiveness in the future” according to the EY Real Estate Capital Radar Germany 2016 report.
2 min read · 07 March 2016
ING Real Estate Finance and BNP Paribas have teamed up to provide a €160 million loan secured against a shopping gallery in the Italian city of Milan.
1 min read · 07 March 2016
Bank of America Merrill Lynch (BAML) has released initial price thoughts for its latest CMBS, the €317.05 million Taurus 2016-1 DEU which is backed by a German retail portfolio owned by Blackstone.
1 min read · 07 March 2016
Phoenix, Arizona, known for its sunshine and warmth, is getting particularly hot according to Mesa West Capital, a top US non-bank commercial real estate lender that is bullish on the so-called Valley of the Sun.
2 min read · 04 March 2016
Capital & Regional is reviewing options for the refinancing of the £380 million loan secured by The Mall shopping centre portfolio, which is due to mature in 2019. The group is targeting a refinancing or restructuring of the debt this year.
2 min read · 04 March 2016
New York Community Bank (NYCB) has reportedly provided a $105 million mortgage to Harbor Group International and partner York Equities for the purchase a 38-building multifamily portfolio in the Bronx, an increasingly popular investment alternative to Manhattan and Brooklyn.
1 min read · 04 March 2016
Irish housebuilder Cairn Homes has increased the size of an existing €150 million debt facility provided by Allied Irish Banks (AIB) by adding Ulster Bank as a lender.
2 min read · 04 March 2016
Greater China investment into European commercial real estate (CRE) reached €8.5 billion ($9.3 billion) in 2015, a 22 percent increase on 2014. The trend will continue to be upwards, according to the latest research by Cushman & Wakefield.
1 min read · 04 March 2016
