Asset manager Fortress Investment Group has acquired two portfolios of non-performing loans (NPL) with a combined face value of around €96 million, Real Estate Capital's sister title Private Debt Investor reported.
With less than 48 hours remaining until voting closes for Real Estate Capital’s 2015 awards, time is running out to have your say on the stand-out companies and deals of last year.
Colony Capital has held a first close for its fourth real estate debt fund, Colony Distressed Credit & Special Situations Fund (CDCF) IV, Real Estate Capital sister title PERE reported.
Carr Properties has secured a $53 million loan for the acquisition, planned demolition and redevelopment of an office building site in Bethesda, Maryland.
Legal & General Commercial Lending Limited (CLL) has bought a £150m long-term loan from Santander, which is made out to housing association The Hyde Group.
The facility, which expires in 2041, is secured on Hyde’s housing assets and is L&G CLL’s first direct purchase of debt in the social homes sector.
The CRE Finance Council (CREFC) announced today that it has launched its CREFC Canada Chapter.
The continued consolidation of the US healthcare industry is encouraging healthcare REITs to finance newly integrated hospital systems and acquire assets through sale-leasebacks.
The CRE Finance Council (CREFC) announced the launch of the CREFC Women’s Network, aimed at enhancing the visibility, profile, and advancement of women in the commercial real estate finance industry and CREFC programming.
About $200m worth of multifamily, small balance loans (SBL) originated by Greystone are slated to be bundled together and securitized as Freddie Mac SB Certificates in October, Real Estate Capital has learned.
Specialist lender Amicus Finance has launched a £100m securitisation backed by short-term commercial and residential property loans.
The issue is believed to be the first securitisation in the UK market made up entirely of short-term loans made for the acquisition, refurbishment and development of UK real estate.