The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.
1 min read · 18 December 2024
The loan, secured against a German designer outlet village, was underwritten by Aareal Bank.
3 min read · 18 December 2024
Bank regulatory requirements and borrower tax implications are preventing resolution for stressed loans.
2 min read · 17 December 2024
The firm sees a clear opportunity to expand its platform as banks scale back their commercial real estate lending platforms.
2 min read · 17 December 2024
The facility replaces a €723.9m loan secured by the Finance Tower, owned by South Korea’s JR Global REIT.
3 min read · 16 December 2024
Opportunities are emerging from troubled assets or owners, but they are not what the industry had anticipated.
3 min read · 13 December 2024
The project, being developed by Ascendant Capital Partners, is in the city’s West Village submarket.
2 min read · 12 December 2024
The firm raised approximately $1.2bn for CRED III, which is already over 40% deployed.
3 min read · 12 December 2024
The US national debt is a macroeconomic issue, one that may not touch the lives of commercial real estate lenders and borrowers on a day-to-day basis.
2 min read · 11 December 2024