Al Neyer, a Cincinnati developer, has raised $110 million of equity commitments for its first real estate investment fund, exceeding its $100 million target The vehicle, Al Neyer Industrial Fund I, is pursuing industrial projects primarily in and...
James Patchett, the former president and chief executive of the New York City Economic Development Corp, has been named chief executive of A&E Real Estate, an investor in New York multifamily properties He'll oversee a planned expansion of the...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded six principal-paying and two interest-only classes of GS Mortgage Securities Trust, 2014-GC18, because of the losses it expects certain collateral loans to suffer The...
An affiliate of Peregrine Realty Partners has paid $33 million, or $33588/sf, for Promontory, a 98,249-square-foot office building in San Diego The Newport Beach, Calif, real estate firm purchased the property from Carleton Management in a deal...
IPI Partners, a Chicago real estate investment manager focused on the digital real estate sector, has raised $38 billion of equity commitments for its second fund The vehicle, IPI Partners II, is pursuing data centers, communications towers and...
The structured tax-deferred exchange market, which in 2020 saw $344 billion of capital raised, is having an apparent banner follow-up year so far A total of $13 billion was raised by 33 sponsors during the first quarter, according to Mountain Dell...
Mission Peak Capital, a real estate investment and advisory shop that was founded during the depths of the Global Financial Crisis, has acquired a stake in the US operation of Mount Street Group, with plans to substantially increase its mortgage...
Three large mall loans in a 2012 CMBS transaction recently have been hit with significant appraisal reduction amounts, a harbinger that the deal, UBS-Barclays Commercial Mortgage Trust, 2012-C2, could eventually suffer substantial losses The loans...
Commercial Real Estate Direct Staff Report Kroll Bond Rating Agency has downgraded all the bond classes of COMM, 2013-GAM, a CMBS transaction backed by a $2595 million loan against the Green Acres Mall in Valley Stream, NY The rating agency said the...
MCR Hotels, which owns 100 properties with more than 13,000 rooms in 30 states, is in the market to raise $450 million of equity investments for its second investment fund It's a follow-up to a vehicle that had raised $300 million in 2018 and...
