June 19, 2001 TOKYO – Mandarin Oriental International Ltd. has agreed to manage a luxury hotel in Tokyo that is slated to open in late 2006.The company will enter a long-term lease agreement with Mitsui Fudosan Co. Ltd., the hotel's ...
June 12, 2001 By Thomas J. Walsh, Commercial Real Estate Direct Senior WriterTwo new European commercial real estate securitizations are currently in play.UBS Warburg is marketing a 575 million pound ($790.6 million) securitization called Werretown Supermarkets Securitisations PLC.Collateral consists of ...
June 7, 2001 Commercial Real Estate Direct Staff ReportA 164.2 million pound (US$228.6 million) floating-rate securitization has been launched in England by J.P. Morgan Securities. Heritage Mortgage Securities PLC has five tranches, with the deal's triple-A class totaling 128.9 million ...
June 1, 2001 PARSIPPANY, N.J. – Prudential Real Estate Investors has appointed Roberto Ordorica as its vice president for Latin America.Ordorica will oversee the expansion of the firm's Latin American operations, including its Brazilian real estate advisory joint venture in ...
May 30, 2001ARROYOMOLINOS, Spain – The Mills Corp. (NYSE:(NYSE: MLS) plans to develop a nearly 2 million-square-foot, $300 million retail/entertainment center 13.6 miles from Madrid, the capital of Spain.Construction on 1.2 million-sf Phase I of the Madrid Xanadu retail complex ...
May 25, 2001 Commercial Real Estate DirectAn Australian property company is floating A$500 million (US$258.6 million) of CMBS.Westpac Banking Corp. and ANZ Banking Group are co-lead managing the transaction on behalf of Mirvac Group, with collateral comprised of 25 modern, ...
Teachers is retaining about $858 million of the collateral in the new trust. The seasoned loan deal is the largest securitized commercial mortgage offering of the year so far.
The Czech Republic city has been attracting an increasing number of tourists. A slew of new investors have been clamoring for office space and transforming industrial sites.
The transaction, Global Hotel One Ltd., is being issued by Germany's DePfa Bank and involves properties from eight countries and employs a complicated credit default swap structure.
April 17, 2001 DOMINICAN REPUBLIC – Bass Hotels & Resorts (NYSE:BAS) will build two Crowne Plaza hotels here, one in the capital, Santo Domingo, and one in Santiago.The $16 million Crowne Plaza in Santo Domingo, on El Malecon Boulevard, will ...
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