The New York-headquartered credit specialist has bought £39m of junior debt in a London real estate transaction.
2 min read · 26 September 2014
The Winston-Salem, NC-based Cook & Boardman group also recently got acquired by one North Carolina PE firm and sold by another.
1 min read · 25 September 2014
M&A accounted for 59% of private debt transactions in the second quarter of 2014 according to Deloitte debt advisory.
2 min read · 25 September 2014
UK commercial real estate fund manager ICG-Longbow says that returns have compressed as a result of increased competition.
2 min read · 25 September 2014
Both hires are former colleagues of the credit firm’s two partners, Michael Zupon and Dean Criares.
2 min read · 24 September 2014
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
The credit specialist has provided new debt finance as part of a broader refinancing of UK-based Holidaybreak.
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 senior secured bondholders in the retailer are left with €430 million worth of debt, on which S&P expects only 10-30 percent recovery rates.
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