A loan from six banks funded the €880m purchase of offices for a retrofit project without a lease.
5 min read · 13 May 2024
The landlord has sourced £533m of fresh financing but faces a wall of office-related debt maturities in the coming years.
6 min read · 02 May 2024
Monday Properties and Pacific Elm Properties this week also lined up financing for high-quality office assets.
3 min read · 16 April 2024
A narrative is emerging for high-quality offices that sit between behemoths like New York’s One Vanderbilt and commodity properties.
10 min read · 15 April 2024
The roughly 670,000-sq-ft trophy office is about 90% leased.
1 min read · 11 April 2024
The CMBS special servicer will leave the valuation in draft form until the future of the asset’s key tenant is clearer.
3 min read · 09 April 2024
The financing replaces construction debt put into place in 2019.
2 min read · 26 March 2024
Christof Winkelmann, chief market officer at the German bank, said the lender successfully dealt with troubled hotels during covid-19 and will do the same with its US office exposure.
3 min read · 21 March 2024
The financing is notable given the paucity of capital allocated to the office sector as well as a decline in construction lending over the past year to 18 months.
3 min read · 20 March 2024
The borrower acquired 50 Fenchurch Street in 2022 and plans to develop a circa £1bn office tower.
2 min read · 11 March 2024
