ING has backed international investor The Olayan Group, underwriting a $570 million bridge loan for the Middle Eastern family office’s acquisition of the Sony Building in Manhattan, PDI sister publication Real Estate Capital reports.
2 min read · 08 June 2016
Redwood Trust is selling off a $241.3 million commercial loan portfolio consisting mainly of mezzanine loans, the sale of which will complete the firm’s exit from the commercial loan business, reports PDI sister publication Real Estate Capital.
2 min read · 06 June 2016
The private equity firm attracted investments from a number of large US pension funds for its third credit opportunities fund, which targets the European consumer, SME and mortgage markets.
2 min read · 06 June 2016
Cushman & Wakefield appoints structured finance head
1 min read · 02 June 2016
Amit Majithia has joined the London-based finance specialist after 15 years as a lawyer and property developer.
1 min read · 01 June 2016
Apollo Commercial Real Estate Finance (ARI) has closed two commercial real estate loans in New York City totaling $95.5m and, through a repurchase agreement with JPMorgan Chase Bank, has increased its borrowing capacity by $200m to $800m, reports PDI sister publication Real Estate Capital.
2 min read · 27 May 2016
AEW Europe and Natixis Asset Management have held a €162m first close of their second joint European real estate debt fund, PDI sister publication Real Estate Capital reports.
2 min read · 27 May 2016
The Chicago-based private equity real estate firm has held the final closing for its first dedicated real estate debt fund, PDI sister publication Private Equity Real Estate reports.
2 min read · 25 May 2016
The latest injection of capital will allow Step One Finance to expand its operations in the UK second-charge mortgage market.
1 min read · 23 May 2016
The Mumbai-based fund manager's investment with India developer Lodha Group has been structured as fixed-return debt.
1 min read · 24 May 2016