Münchener Hypothekenbank has financed Amundi Real Estate’s purchase of Square 41 with a €20.7m loan.
square_41Advised by investment manager Laxfield Capital, it issued a five-year loan and the LTVs of MHP’s deals are usually between 50% and 60%.
Aeriance Investments completed €286.5m of residential and commercial real estate loans in the UK last year.
ThakerThe debt fund manager closed 15 deals during the 12 months and has now lent €1.23bn since its inception in 2008. It closed €57.9m of deals in the fourth quarter of 2014.
CREFC Europe is holding a professional negligence after work seminar in the wake of the Titan v Colliers High Court case.
CREFC EUIn October last year Colliers International was found to have negligently valued a German property in 2006 that made up part of the collateral for the Credit Suisse-arranged Titan Europe 2006-3 CMBS. Colliers, which intends to appeal the decision, was found to have overvalued one of the properties by €32m.
The seminar will be held on Thursday 5 February at the Langham Hotel in the West End of London and hosted by lawyer Rosling King.
UBS Global Asset Management is to launch a senior debt fund to invest in Europe targeting €500m to €600m of equity, Real Estate Capital can reveal. The fund will be a follow on to its UBS Participating Real Estate Mortgage Fund I (PREMF I), which invests only in the UK. Despite dramatically reduced margins for […]
A UK clearing bank has financed Chinese insurer Ping An’s £327m purchase of Tower Place, London, Real Estate Capital can reveal.
As part of a deal that’s being hailed as Southern California’s largest multifamily asset purchase in nearly two decades, Berkeley Point Capital has provided TruAmerica Multifamily and a group of investors with a $354m FannieMae credit facility to purchase a 14-property portfolio.
The mix of fixed and floating rate loans within the facility carry a blended interest rate of 2.59%. FannieMae credit facilities use a single pool of cross-collateralized and cross-defaulted mortgages as collateral for both long-term financing and short-term borrowing.
Aviva Commercial Finance has launched a recruitment drive as it seeks to expand its £13bn real estate lending book, Real Estate Capital can reveal.
Deutsche Pfandbriefbank has provided a €102m loan to help finance one of the largest regeneration projects in Europe.
The German bank’s development loan will be used for the construction of three buildings at Hafencity on Hamburg’s harbour.
SunTrust Bank has provided a $103m loan to The JBG Companies for the refinancing of a 12-story, 274,526 sq ft office building at 7200 Wisconsin Avenue in downtown Bethesda, Maryland.
The floating-rate loan carries a four-year term with a one-year extension option.
Two North American banks have backed Lone Star in its £1bn portfolio acquisition from Moorfield Group, Real Estate Capital can reveal.