SL Green plays a leading role in New York City's real estate scene, as a lender and an investors
Greystone has provided a $46 million bridge loan to Liss Property Group for the acquisition of Riverview Landing at Valley Forge in Eagleville, Pennsylvania.
Fitch Ratings' fixed-rate US CMBS loan default rate ticked down to 13.2% in Q3 from 13.3% in Q2 due to strong new issuance and fewer new defaults.
Earlier this month, U.S. Bancorp’s CEO Richard Davis issued a few words of caution regarding the commercial real estate markets to analysts, investors -- and 'some' banks.
Qatar Investment Authority has purchased a 44% interest in Brookfield’s Manhattan West development, a project which upon “completion and stabilization” is estimated to be valued at $8.6bn and is thus far backed by $2.13bn in financing from a consortium of bank lenders.
Canadian Imperial Bank of Commerce (CIBC) has financed DLJ Real Estate Capital Partners’ $77.5m purchase of 18 Tremont Street in Boston, Massachusetts with a $55m loan.
Mack Real Estate Credit Strategies (MRECS) has provided a $75m loan to Madison Equities for the construction of a condo tower to be developed at 45 Broad Street in Downtown Manhattan.
Natixis Real Estate Capital provided a $36.65m, 10-year, fixed-rate CMBS loan to a venture led by Thomas Maoli to refinance Mendham Village Shopping Center and Del’s Village Shopping Center located in Mendham and Boonton, New Jersey, respectively.
The Bank of the Ozarks provided a $58m construction loan to Madison Realty Capital for the development of One Great Jones Alley in Manhattan’s NoHo neighborhood.
Lone Star Funds has secured a $5.121bn Freddie Mac loan from Berkadia on its multi-billion-dollar acquisition of Home Properties, Inc.