Capital-raising for Torchlight Investors' latest commercial real estate debt fund has been moving along at a healthy pace as the New York investment manager already has raised $11 billion of the $15 billion it's targeting It launched capital-raising...
SitusAMC Holdings Corp has acquired the loan-servicing and asset-management platforms of Cohen Financial, adding 6,900 loans with a balance of $34 billion The deal bolsters the size SitusAMC’s portfolio to 10,000 loans with a balance of $130...
Commercial Real Estate Direct Staff Report The owner of the Easton Town Center retail property in Columbus, Ohio, has negotiated the six-month deferral of the debt-service payments on the property’s $700 million of CMBS financing The property...
Praedium Group has lined up a $5863 million Fannie Mae loan through CBRE Multifamily Capital Inc to help fund its recent $90 million purchase of the Liv North Valley apartments in Phoenix The New York investment manager bought the 385-unit...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency as of the end of last month classified 4,964 CMBS loans with a balance of $9293 billion, or 2735 percent of the non-defeased loans in the CMBS 20 universe, as Kroll-Loans of...
Berkadia has originated $3419 million of Freddie Mac financing and arranged an $112 million equity investment from a client to help fund One Real Estate Investment’s $4569 million purchase of two apartment properties with 597 units in suburban...
MSD Partners has provided $24 million of financing to fund Botanic Properties’ $40 million purchase of 24-02 Queens Plaza South, a 97,047-square-foot industrial-flex building in New York’s Long Island City area The loan was arranged by...
A total of 488 CMBS loans with a balance of more than $13 billion - roughly 2 percent of the CMBS universe rated by Fitch Ratings - have been granted some sort of relief, from payment deferrals to maturity extensions The overwhelming majority of...
Commercial Real Estate Direct Staff Report Two subsidiaries of American International Group have provided a total of $175 million of mortgage financing against 250 Broadway, a 541,195-square-foot office building in lower Manhattan The mortgage,...
PostRoad Group has provided $33 million of financing for the purchase and renovation of a 14-story dormitory building in Philadelphia’s University City area JLL Capital Markets arranged the loan The 14-story building, at 3701 Chestnut St, was...
