The Miami-based national real estate lender also brought on an undisclosed wealth advisory firm in its first commitment of this kind.
3 min read · 24 September 2024
The bottom line is that directionally, lenders and borrowers have more confidence in the Federal Reserve’s progress on inflation and a softening economic backdrop.
4 min read · 23 September 2024
China Life Insurance, one of the building’s sponsors, agreed to provide £192m of equity following a statement earlier this month it would not be able to do so.
3 min read · 16 September 2024
Noteholders and lenders have voted to extend senior and mezzanine facilities, due to mature on 16 September, on seven office assets near the country’s two main cities
3 min read · 16 September 2024
The debt secured on the 36-storey office building is due to be repaid in January 2025.
3 min read · 05 September 2024
A group of lenders including Wells Fargo Bank, Bank of America and Deutsche Bank is providing a $620m acquisition commercial mortgage-backed securities loan.
1 min read · 14 August 2024
The funding will be used to recapitalize luxury 3ELEVEN tower south of Manhattan’s Hudson Yards.
2 min read · 05 August 2024
The financing on the portfolio will be used to refinance existing debt.
3 min read · 05 August 2024
Morningstar DBRS believes the outstanding loan balance is higher than the value of the assets, as rental income declines and vacancy increases.
3 min read · 04 July 2024
