Matt Schilling has joined AEW Capital Management as assistant portfolio manager for the North America region in its real estate securities team Schilling joined the Boston investment manager, which has $93 billion of assets under management, from...
Unibail-Rodamco-Westfield's plan to radically reduce its exposure to the United States by the end of next year could end up costing CMBS investors A total of 13 of the company's malls are encumbered by $307 billion of financing that's been...
NewPoint Real Estate Capital LLC has further bolstered its seniors-housing originations capabilities with the hiring of Sean Huntsman as senior managing director and Katherine Stewart as managing director The Plano, Texas, lender, formed just last...
The Real Deal Jamestown has lined up $425 million of financing from JPMorgan Chase Bank to help cover the cost of redeveloping One Times Square, a 26-story building in midtown Manhattan that hosts a number of billboards and electronic signs The...
The $140 million CMBS loan against the MainPlace Mall in Santa Ana, Calif, has transferred to special servicing because its owner has asked that its term be extended The loan, securitized through UBS-BAMLL Trust, 2012-WRM, is slated to mature early...
The volume of CMBS hotel loans in special servicing last month declined by an impressive 175 percent to $834 billion, according to Trepp Inc That's the lowest volume since before the coronavirus pandemic and helped push the overall volume in special...
Eastern Union has hired Ben N Weiss as senior managing director of investment sales for the New York Tri-State region The hiring of Weiss furthers Eastern Union’s expansion beyond its traditional commercial mortgage brokerage business The...
Ramsfield Hospitality Finance and CarVal Investors have provided $36 million of mortgage financing against the 177-room Galleria Park Hotel in San Francisco, allowing for a maturing $2952 million CMBS loan to get taken out The CMBS loan that was...
James Im, a former CMBS trader with Nomura Securities who five years ago was charged by the SEC with lying to bond investors in order to inflate the company’s profits, on Friday was exonerated by a jury The jury finding was reported first by...
The venture that acquired the Fairlane Town Center in Dearborn, Mich, and Shops at Willow Bend in Plano, Texas, is very likely to redevelop the two retail properties It's still too early to say just how they'll be redeveloped, but it's likely both...
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.
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