The $32 million loan represents a follow-on commitment to Spirit Bascom Ventures, a JV between New York and California based real estate firms.
2 min read · 24 September 2014
Although investors are worried about rising interest rates, the market being fairly priced in, political instability and other factors, the big shots at some well-known asset management firms are still finding lucrative bargains.
2 min read · 23 September 2014
The new venture, called Principal Commercial Capital, is the Australian bank’s first foray into mortgage lending, while Principal has been involved in mortgage lending since 1999.
4 min read · 23 September 2014
Via a recent survey, KPMG predicts that more mid-market lending activity will increase from a spike in M&A activity in the second half of the year, although political unrest across the world could pose a risk to the credit markets.
2 min read · 22 September 2014
Cov-lite isn’t a widespread feature of the private debt market – yet.
3 min read · 19 September 2014
The Garden State pension fund is investing $100 million in the mezzanine and bridge loan real estate fund.
1 min read · 18 September 2014
The private debt market is replete with opportunities, with lenders and fund managers discussing new deals and several big players looking to get into the sector. Watch this space for further PDI Forum coverage.
2 min read · 17 September 2014
Global insurer Zurich Insurance has decided to target infrastructure debt investments as part of a new private debt allocation.
1 min read · 15 September 2014
The 50-story building will be the tallest apartment building in Jersey City and will feature a spacious garage and retail space as well.
2 min read · 10 September 2014
One deal is for a hotel in Manhattan's Chelsea district, while the other is a condominium development in Vail, CO.
2 min read · 10 September 2014
