Kayne Anderson Real Estate has acquired a portfolio of $13 billion of loans against medical office properties from Synovus Financial Corp, which was represented in the transaction by JLL Capital Markets’ loan-sales group The portfolio of 106...
Commercial Real Estate Direct Staff Report The $308 million loan against 1740 Broadway, a 603,928-square-foot office building in midtown Manhattan, is being offered for sale CWCapital, the loan’s special servicer, expects to begin taking...
The buzz is that a Brookfield Corp affiliate is Ballast Investment's capital partner in its purchase of $802 million of mortgage debt against a portfolio of San Francisco apartment properties The debt is part of a larger financing package against 95...
Commercial Observer Yellowstone Real Estate Investments has purchased the $106 million loan against the New Yorker Hotel in the Hell’s Kitchen section of Manhattan The New York private-equity firm acquired the loan from M&T Bank for what...
Commercial Real Estate Direct Staff Report The FDIC has formally launched marketing for the $3322 billion of commercial real estate loans that had been held by Signature Bank, which failed on March 12 The agency’s loan-sales adviser, Newmark...
Commercial Real Estate Direct Staff Report Ballast Investments, a San Francisco owner of apartment properties, is said to have struck a deal to buy $940 million of mortgage debt against 95 properties in San Francisco with 2,452 units, according to a...
Commercial Real Estate Direct Staff Report A venture of Morgan Stanley and Cannae Advisors had acquired the $24196 million loan against the Crossgates Mall in Albany, NY As reported, the loan was sold for $1707 million, or 7055 percent of par...
Fortress Investment Group has acquired a portfolio of nearly $1 billion of office loans from Capital One Financial Corp The transaction, arranged by JLL Capital Markets’ loan-sales team, was first reported by Commercial Observer, which...
Commercial Real Estate Direct Staff Report Capstone Equities, which earlier this year had acquired the nonperforming mortgage debt against a recently redeveloped creative office property in Brooklyn, NY, has turned to the crowdfunding world to...
The $24196 million loan against the Crossgates Mall in Albany, NY, has been sold for $1707 million, or 7055 percent of par value, resulting in a loss of $977 million to the four CMBS deals that held pieces of the loan Pyramid Cos, which owns the...
Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
