Seven-building Manhattan multi-housing portfolio trades for $44M
JLL Capital Markets announced today that it has arranged the $44 million sale of a 134-unit multi-housing portfolio comprised of seven buildings located in key...
Tag : cmbs
SL Green closes record-shattering $3B refi’ on one Vanderbilt
SL Green Realty Corp, Manhattan’s largest office landlord, has closed a $3 billion 10-year, fixed-rate financing of One Vanderbilt Avenue. The snew tower in the...
Wendy Silverstein forms new debt workout firm
Real estate diversity advocate and debt specialist Wendy Silverstein has formed a new advisory firm with fellow Citibank alumni, Ed Alder. Silver Eagle Advisory Group...
Brookfield announces $2.2B in financing deals
Brookfield Property Partners (BPY) has completed $2.2 billion financings in two transactions. The company announced it has borrowed $1.8 billion of total debt to refinance...
Wave of distressed sales on horizon as loan delinquency jumps
NAI Global President & CEO Jay Olshonsky, FRICS, SIOR, CCIM is expecting a wave of distressed commercial real estate assets to come to market in...
Congressmen offer CRE sector some HOPE
New legislation has been introduced in the House of Representatives would provide economic support to the commercial real estate market, especially for businesses with Commercial...
JP Morgan funds $200M Paramount Building loan
JP Morgan Chase Bank has funded a $200 million commercial mortgage-backed security (CMBS) loan on the Paramount Building in Times Square. Shipman & Goodwin LLP...
After 18 years, Moinian takes control of 3 Columbus Circle with help of $595M loan
The Moinian Group has come full circle on 3 Columbus Circle, having closed on a $595 million CMBS loan from J.P. Morgan and Deutsche Bank...
Arbor Realty funds CMBS loan in Brooklyn
Arbor Realty Trust, Inc. recently funded a CMBS loan in Brooklyn, NY. The 41-unit mixed-use property received $11,000,000 for refinance cash out under Arbor’s CMBS...
Debt funds emerge as hotel financing source
Debt funds are emerging as a major source of financing for hotels in the U.S. The sector is taking prominence as other lenders with significant...