The Northwestern Mutual Life Insurance Company has provided $63m in permanent financing for the recapitalization of the Space Center Executive Park and Space Center Summit Park in the US state of Missouri.
Greystone has provided $83m in multifamily loans on two properties located in the southeast region of the United States.
Blackstone and TPG move into gap as regulation forces US banks back
JPMorgan issue is part of REIT’s rescue package for ailing US retailer
Real estate investment trust The Macerich Company is seeking to replace or refinance hundreds-of-millions of dollars worth of debt collateralized by five US malls tied to the $2.3bn selloff of minority interests in eight total malls.
Improving industrial performance in the US could result in the sector becoming a larger part of commercial real estate lending through the CMBS markets, according to a new report from data and research firm Trepp.
Vornado Realty Trust has upsized the existing loan on its 220 Central Park South development to $950m after terminating plans for a separate mezzanine loan.
Wells Fargo has provided a $98.1m loan to Friedland Properties for a residential development project on the Upper West Side of Manhattan at 2234 Broadway, Real Estate Capital has learned based on city property records.
Bank of Ozarks has led the financing of a $125m mixed-use development project in Houston, Texas.
Santander Bank, N.A. has provided a $54m construction loan to Vision Real Estate Partners and Rubenstein Partners for the development of MetLife’s new office campus in Morris County, New Jersey.