First Citizens Bank's Healthcare Finance business served as sole lender on $50 million in financing for an affiliate of Tristar Realty Group for the refinancing of Ventana Medical Center. The Ventana is a 122,000-square-foot Class A medical office...
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April 19, 2024, 07:37 AM
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BHI issued a $40 million capital call line facility to Northwind Debt Fund II, a closed ended CRE debt fund managed by Northwind Group, a real estate private equity firm that has transacted on over $4 billion worth of debt and equity investments in...
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April 18, 2024, 07:00 AM
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Briar Capital Real Estate Fund continued the expansion of its business development team with the hiring of Jonathan “JD” Davis. Working out of Briar’s Houston corporate office, Davis will be responsible for sourcing new business in Texas and the...
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March 21, 2024, 07:12 AM
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Four Corners Property Trust, a real estate investment trust primarily engaged in the ownership and acquisition of high-quality, net-leased restaurant and retail properties, entered into an Incremental Amendment to the Third Amended and Restated...
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March 15, 2024, 07:30 AM
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Mirate Equity announced a significant loan approval for May Construction LLC, a pioneering firm in the Real Estate sector. This strategic alliance signifies a transformative moment for both entities as they unite to propel growth and expansion...
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March 12, 2024, 07:26 AM
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SolaREIT, a renewable energy real estate investment company, successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $30 million of liquidity and will allow...
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February 29, 2024, 08:00 AM
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Greystone, a leading national commercial real estate finance company, announced that Leena Amin has joined the firm as a Senior Managing Director, Structured Finance. In this role, Ms. Amin will focus on expanding the firm’s bank and alternative...
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January 30, 2024, 07:41 AM
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First Citizens Bank's Healthcare Finance business provided $36.2 million in acquisition financing to Anchor Health Properties to recapitalize three medical office buildings located in Charlotte, North Carolina and Seattle, Washington. Anchor Health...
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January 26, 2024, 07:32 AM
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Cushman & Wakefield released its 2024 U.S. Macro Outlook report which describes the economic landscape as a rolling recession, one in which some industries contract while others continue to expand. Sectors that are currently experiencing some version...
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December 12, 2023, 07:48 AM
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Briar Capital Real Estate Fund closed a new $13.8MM real estate acquisition loan to a foreign owned, start-up company in the green energy space. Having identified a large, heavy industrial facility in Southeast Texas to house its US manufacturing...
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November 09, 2023, 06:00 AM
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Jones Lang LaSalle (JLL) amended its bank credit facility to maintain the company's operating flexibility and support its growth strategy. The borrowing capacity will be $3.3 billion and the new five-year term extends the maturity from April 2026 to...
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November 06, 2023, 07:52 AM
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Deer Park Road Management Company announced the launch of a closed-end fund focused on legacy, non-agency residential mortgage-backed securities ("RMBS"), Deer Park Mortgage Opportunity Fund I (the "Fund"). The Fund will invest in RMBS with the...
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November 03, 2023, 05:00 AM
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Greystone announced it ranks #1 based on dollar volume of multifamily and healthcare Firm Commitments issued by the U.S. Department of Housing and Urban Development (HUD) for the agency’s 2023 fiscal year ending September 30, 2023. During this period...
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October 16, 2023, 07:00 AM
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Clifford Chance announced the arrival of real estate partners Kris Ferranti and Jonathan Y. Newman in its US Real Estate practice. Ferranti and Newman bolster the firm's US and global Real Estate offering comprising 600 attorneys, including 193...
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September 20, 2023, 06:00 AM
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Briar Capital Real Estate Fund closed a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry. The initial transaction was an owner buyout of a family member with a simultaneous new...
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August 24, 2023, 07:27 AM
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First Citizens Bank's Healthcare Finance business, part of the CIT division, provided a loan to refinance American House St Petersburg, a senior living community located in St. Petersburg, Florida. The financing was provided to a joint venture...
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August 16, 2023, 07:06 AM
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Amerisource Business Capital closed and funded a $10,000,000 senior revolving credit facility and real estate term loan for a Florida-based green waste disposal company. The proceeds were used to refinance existing bank debt and to provide ongoing...
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August 11, 2023, 08:06 AM
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Armory Group announced that Steve Moore joined the compan as a new Managing Director and Head of Real Estate Services. Based out of the New York office, Moore brings over 20 years of experience in real estate and capital markets, mergers and...
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July 26, 2023, 07:12 AM
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Ryman Hospitality Properties, a leading lodging and hospitality real estate investment trust (“REIT”) that specializes in upscale convention center resorts and leading entertainment experiences, successfully completed a series of refinancing...
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May 19, 2023, 07:24 AM
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Greystone, a leading national commercial real estate finance firm, announced that it has hired Mike Casavant as a Managing Director, Ryan Carlin as a Director, and JP Chisholm as a Director to its rapidly growing New York-based Greystone Commercial...
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March 23, 2023, 08:27 AM
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Gridium, a decarbonization partner to leading real estate firms, announced total funding of over $14 million from investors who see the potential to decarbonize commercial buildings. Lead investor Navitas Capital joined other luminaries from the...
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February 24, 2023, 07:54 AM
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EagleBank provided $25,000,000 in construction financing to The Community Builders (TCB) and Dantes Partners for a 142-unit “100% affordable” multifamily project located at 610 Park Road, NW, Washington, DC – part of the larger Park Morton and Bruce...
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February 13, 2023, 07:35 AM
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First Citizens Bank announced that its Healthcare Finance group, part of the CIT division, provided $31.2 million to Montecito Medical Real Estate to finance the acquisition of a cancer treatment center in Columbia, South Carolina. The treatment...
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February 09, 2023, 07:36 AM
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First Citizens Bank announced that its Real Estate Finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A...
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February 03, 2023, 07:48 AM
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First Citizens Bank announced that its Middle Market Banking business provided a total of $65.8 million in senior secured financing for affiliates of Morningstar Properties, a leading investor in and operator of self-storage facilities, marinas, and...
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January 12, 2023, 07:43 AM
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KBRA released a report on U.S. commercial mortgage-backed securities (CMBS) loan performance trends observed in the December 2022 servicer reporting period. The delinquency rate among KBRA-rated U.S. CMBS rose 8 basis points (bps) in December 2022 to...
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January 03, 2023, 08:00 AM
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D.A. Davidson’s Special District Group, a nationally recognized team of capital market professionals, closed $48 million in Commercial Property Assessed Clean Energy (CPACE) financing for Black Rock Mountain Resort in Wasatch County, Utah. Building...
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December 29, 2022, 07:50 AM
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VICI Properties, an experiential real estate investment trust, announced that VICI has agreed to provide up to $350 million in mezzanine loan financing to a partnership between Fontainebleau Development, LLC, a builder, owner, and operator of luxury...
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December 29, 2022, 07:46 AM
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Hildene Capital Management, a $12 billion credit-focused asset manager, entered into a strategic relationship with CrossCountry Mortgage (“CCM”), one of the largest retail residential mortgage originators in the U.S., and CrossCountry Capital, LLC...
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December 02, 2022, 07:00 AM
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CIT, a division of First Citizens Bank, announced that its Real Estate Finance business provided $34 million in financing to a joint venture between i.Park and Great Point Media for the development of the Lionsgate Warburton Studios, an entertainment...
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November 17, 2022, 07:00 AM
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Flagship Healthcare Trust, (Flagship REIT), a Charlotte-based outpatient healthcare real estate investment trust, expanded its syndicated senior revolving credit facility arranged by Fifth Third Bank.The $265 million senior secured credit facility...
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October 21, 2022, 07:47 AM
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Regions Bank and subsidiary Sabal Capital Partners, a diversified commercial real estate lender, announced the hiring of Jason Scott as managing director and head of Conventional Loan Production for the companies.In this role, Scott will oversee...
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October 17, 2022, 07:44 AM
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Regions Bank announced Kelly Henderson has joined the company’s Real Estate Capital Markets division and will serve as syndications lead for Regions’ Affordable Housing group.As syndications lead, Henderson will manage the distribution of Low-Income...
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September 30, 2022, 07:40 AM
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Greystone, a leading national commercial real estate finance company, announced that Lance Wright has joined as a Managing Director in Dallas, TX. In this role, he will focus on the origination of multifamily and commercial real estate loans across...
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September 12, 2022, 07:35 AM
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Pathway Homes, a real estate platform, entered into a secured credit facility in the aggregate amount of $225 million, with Bank of America, acting as Administrative Agent and Sole Lead Arranger. This is Pathway's inaugural credit facility and...
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September 09, 2022, 07:49 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, provided construction loans totaling $84.5 million to Strategic Land Ventures (SLV), a vertically integrated real estate...
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August 30, 2022, 07:55 AM
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Bloomfield Capital closed a $13.0 million senior bridge loan, which provided the capital necessary for the acquisition of two adjacent industrial buildings totaling 230,000 square feet in greater Indianapolis, IN. The Sponsor required immediate...
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August 08, 2022, 04:00 AM
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Hersha Hospitality Trust, owner of luxury and lifestyle hotels in coastal gateway and resort markets, announced the Company closed on the refinancing of a $500 million Senior Secured Credit Facility and the closing of the first tranche of six of the...
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August 05, 2022, 07:35 AM
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Amerisource Business Capital closed and funded a $10,000,000 ABL revolver on A/R and inventory and a real estate term loan facility for a Wisconsin-based automotive, truck, and aerospace component part designer and manufacturer. Andy Allaire, Senior...
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July 26, 2022, 07:45 AM
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Forum Capital Advisors, a Denver-based real estate investment and asset management firm, closed on approximately $66 million in senior and subordinated debt financing supporting the development of a to-be-built Class A, 252-unit multifamily building...
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July 26, 2022, 06:00 AM
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Lima Ekram has joined the Financial Institutions Group within Capital One’s Commercial Bank as Managing Director, Residential Mortgage Banking research. In this role, she will be responsible for developing research on key macroeconomic and industry...
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July 21, 2022, 07:27 AM
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Crayhill Capital Management closed a $100 million credit facility with Fort Amsterdam Capital, a New York-based, vertically-integrated real estate lender. The facility will be collateralized by both land and commercial real estate properties in the...
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July 19, 2022, 07:35 AM
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Concord Capital Partners announced that Samuel Landman has joined the firm as Chief Investment Officer. The commercial real estate veteran will work on the acquisition, financing, and disposition of real estate assets to help drive the firm’s...
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July 08, 2022, 07:09 AM
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Swift Lending (“Swift”), a national private commercial real estate lender, announced plans to expand its lending efforts through a senior credit facility provided by Encina Lender Finance.
Swift provides bridge loans to qualified real estate...
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July 07, 2022, 07:53 AM
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EisnerAmper added Ryan Sievers as a partner in its Real Estate Advisory Services Group.
Sievers has more than 15 years of experience providing tax consulting and compliance services for real estate investments, including real estate investment...
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July 07, 2022, 07:07 AM
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Knighthead Funding provided a $37.6 million first mortgage loan to refinance the 204-key Marriott TownePlace Suites hotel in downtown Nashville, TN. The five-year, non-recourse loan refinances the in-place construction loan.
Opened in October 2020...
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June 21, 2022, 07:37 AM
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American Homes 4 Rent, a leading provider of high-quality single-family homes for rent, and Värde Partners, a leading global alternative investment firm, entered into a land banking facility agreement. This facility provides $500 million in initial...
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June 07, 2022, 07:27 AM
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Stonehill, a direct lender on commercial real estate, announced the expansion of its leadership team with four senior executive hires. Joining the organization are Daniel Siegel, Greg Koenig, Nisu Mehta and Taylor Pike. The addition of these leaders...
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May 19, 2022, 08:04 AM
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Blackstone announced that it is establishing a Blackstone Real Estate office in Toronto and the appointment of Janice Lin as head of its Real Estate business in Canada. Ms. Lin’s leadership experience and deep knowledge of the Canadian market will...
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May 09, 2022, 07:45 AM
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Recreational Realty, a leading owner, operator and developer of specialized recreational vehicle and marine storage facilities, secured a syndicated revolving credit facility led by Truist Securities and Citizens Bank that allows the Company to...
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April 18, 2022, 07:56 AM
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Harbor Custom Development announced the closing of a senior secured revolving credit facility with BankUnited. The facility will provide the Company with a $25 million capacity over a two-year term."The closing of this $25 million facility provides...
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March 14, 2022, 07:01 AM
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Sharestates, a real estate technology platform designed to support and accelerate the redevelopment of residential housing, recently closed a new $100 mllion warehouse line of credit led by funds managed by the Credit Group of Ares Management...
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March 04, 2022, 07:55 AM
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Yieldstreet, a leading digital alternative investment platform dedicated to providing access to exclusive private market opportunities, announced the launch of its Growth & Income REIT giving investors greater access to the booming...
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February 25, 2022, 07:49 AM
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Amerisource Business Capital announced the closing and funding of a $3,000,000 real estate term loan facility for a Texas-based custom pool and tiny home manufacturer. The proceeds were used to provide working capital to support the Canadian...
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February 24, 2022, 07:33 AM
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Capital One provided a $34.0 million SOFR-based floating-rate bridge loan for the acquisition of ReNew Carmichael, a 197-unit apartment community in Carmichael, California, a suburb of Sacramento. The sponsor, Trion Properties, is a Los Angeles-based...
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January 20, 2022, 07:00 AM
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Ares Management Corporation, announced that funds managed by the Ares Real Estate Group have closed on the acquisition of two portfolios consisting of 75 industrial properties totaling 11.9 million square feet. The properties were purchased from two...
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December 29, 2021, 07:11 AM
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ACRES Capital Corp., a leading commercial real estate middle-market lender, has originated a $15.9 million loan to fund the acquisition, renovation, and combination of Hart’s Camp and Cape Kiwanda RV Resort in Pacific City, OR.Located on the Oregon...
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December 27, 2021, 06:00 AM
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Greystone announced that its commercial team, led by Scott Chisholm, has hired Gary Stellato as Managing Director and Counsel and Peter Fogarty as a Director. Greystone’s commercial platform focuses on originations across all of Greystone’s capital...
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December 08, 2021, 07:00 AM
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Ares Management Corporation announced that funds managed by its Alternative Credit and U.S. Direct Lending strategies led the arrangement and funding of a $400 million loan facility for CrossCountry Mortgage, LLC (the “Company”). Caisse de dépôt et...
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November 23, 2021, 08:03 AM
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Taylor Morrison Home Corporation, the nation's fifth largest homebuilder, and Värde Partners, a leading global alternative investment firm, have entered into a land banking facility agreement and agreed to a joint venture, opening more than $1...
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November 17, 2021, 07:06 AM
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CBL Properties successfully completed its Chapter 11 reorganization. CBL emerged with a significantly improved capital structure, greater financial flexibility and a lowered cost of capital, positioning the company with a much-improved balance sheet...
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November 03, 2021, 07:30 AM
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Värde Partners, a leading global alternative investment firm, has formed a joint venture with Toll Brothers, the nation’s leading builder of luxury homes, and Harvard Investments, a real estate investment and development company, to acquire Estrella...
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October 26, 2021, 07:00 AM
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KKR announced the final closing of KKR Real Estate Partners Americas III (“REPA III” or the “Fund”), a $4.3 billion fund dedicated to opportunistic real estate investments primarily in the U.S. In conjunction with dedicated funds raised in Asia and...
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October 04, 2021, 08:10 AM
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White Oak Real Estate Capital ("WOREC") provided a $28.45 million senior secured loan to 1784 Capital Holdings for the development of a Class-A self-storage facility in the city of Goleta, California. The deal marks the business’ first loan since...
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September 29, 2021, 08:00 AM
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Physicians Realty Trust, a self-managed healthcare real estate investment trust, announced that it entered into a third amended and restated credit agreement (the "Credit Agreement"), extending the maturity date of the Credit Agreement from September...
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September 29, 2021, 07:45 AM
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For its work on the restructurings of GNC and Tuesday Morning, A&G Real Estate Partners was among the winners of The M&A Advisor’s 15th-Annual Turnaround Awards. It was the third such award presented to A&G—an advisory firm specializing in lease...
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September 28, 2021, 07:28 AM
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Cambridge Wilkinson closed a $110 million debt facility for an institutional caliber Real Estate Family Office. The client is a real estate family office with over $1.3B AUM. The Family focuses on the development and management of Class A multifamily...
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September 27, 2021, 07:29 AM
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Ares Management Corporation announced today John Case, Ben Fox, Joel Tomlinson and Taejoon Chun have joined to expand Ares’ presence and activity in net lease and related investment opportunities. These additions reflect Ares’ view of the compelling...
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September 07, 2021, 07:10 AM
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Dekel Capital, a Los Angeles-based real estate merchant bank has established an office in San Diego, CA under the direction of Mike Easter, who joins the firm as Managing Director. “While we find financial solutions for commercial real estate...
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September 02, 2021, 07:35 AM
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H.I.G. Capital announced that its affiliate, H.I.G. Realty Partners, has originated a loan to finance the remaining construction and lease-up of The Mark at Denton and The Mark at Weatherford (the “Properties”), a 316-unit and a 355-unit apartment...
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August 25, 2021, 07:00 AM
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KKR Real Estate Finance Trust announced the closing of KREF 2021-FL2, a $1.3 billion managed Commercial Real Estate Collateralized Loan Obligation (“FL2 CRE CLO”) on August 16, 2021. In conjunction with this transaction, the Company called KREF...
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August 19, 2021, 07:00 AM
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INDUS Realty Trust announced INDUS, as parent guarantor, INDUS RT, LP, as borrower, and certain subsidiaries of INDUS RT, LP as guarantors, have entered into a secured revolving credit facility of up to $100 million, replacing both the Company’s...
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August 06, 2021, 07:34 AM
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CIT Group announced that its Middle Market Banking business provided $14.3 million in financing to Depot Properties LLC. Depot Properties is the owner and operator of a large truck servicing terminal in Laredo, Texas, primarily occupied by...
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July 22, 2021, 07:51 AM
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Old Hill Partners recently provided a $7 million senior secured term loan secured by water rights in the Western U.S. Old Hill financed a real estate developer looking to warehouse water resources for a planned development project. The financing...
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July 13, 2021, 07:50 AM
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Artes Capital, a portfolio lender specializing in bridge and construction financing across commercial real estate assets and residential homebuilding in the Western United States, acquired a new credit line from Western Alliance Bank. The credit line...
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July 13, 2021, 07:31 AM
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Adding its third D.C.-based partner in less than a month - and its eighth lateral partner in a year - Stroock continues to enhance service offerings for clients with the addition of Steven R. Schneider.
Schneider counsels clients on tax...
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July 12, 2021, 07:00 AM
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Pacific Oak Capital Advisor, a sponsor of real estate-focused alternative investment programs, announced the closing of two credit facilities, providing up to $120 million in financing for single-family rental properties.An affiliate of MetLife...
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June 16, 2021, 06:00 AM
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Greystone provided a $49,575,000 Freddie Mac Optigo® loan for the acquisition of a 484-unit apartment community in Pine Hill, New Jersey. The transaction was originated by Dan Sacks, Managing Director in Greystone’s New York office, on behalf of...
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June 08, 2021, 07:00 AM
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Churchill Asset Management has forged a strategic alliance with Hunter Point Capital, an independent investment firm focused on taking minority stakes in General Partners (GPs) targeting middle market private equity, credit, real estate and...
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June 02, 2021, 07:30 AM
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HomeLight, the real estate technology platform transforming the home buying and selling process for the top real estate agents and their clients, is expanding its financial offerings, HomeLight Trade-In™ and HomeLight Cash Offer™, to top real estate...
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May 27, 2021, 07:36 AM
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Greystone provided a $16,376,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance a 168-unit multifamily community in Pensacola, Florida. The fixed-rate, 12-year loan with six years of interest-only payments and a 30-year...
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May 27, 2021, 06:04 AM
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Ares Management Corporation announced that a subsidiary of Ares has entered into a definitive agreement to acquire 100% of Black Creek Group’s U.S. real estate investment advisory and distribution business (“Black Creek”), a leading real estate...
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May 24, 2021, 07:34 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on a $17.4 million loan to finance the acquisition of a portfolio of three medical office buildings in Bakersfield, California. The medical office building portfolio includes more...
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May 07, 2021, 07:33 AM
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Grocers need to reexamine how their real estate will function in the post-pandemic world, writes Joe McKeska, a Senior Managing Director at A&G Real Estate Partners, in an April 26 opinion piece for Progressive Grocer. While many chains performed...
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May 03, 2021, 07:00 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on a $15.9 million financing for two medical office buildings in Littleton, Colorado.The buildings, known as Arapahoe Medical Plaza I and II, are located on the campus of Littleton...
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April 15, 2021, 07:09 AM
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Värde Partners closed $309 million in U.S. commercial real estate loan originations in the first quarter of 2021. The six transactions span multifamily, office, and hospitality assets across four states and the District of Columbia.“In an environment...
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April 15, 2021, 07:00 AM
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CIT Group's Healthcare Finance business served as sole lead arranger on an $18.5 million loan to finance the acquisition of the Singing River Cancer Center in Florence, Alabama.The borrower, Cypress West Partners is an experienced and successful...
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April 07, 2021, 06:33 AM
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Riemer & Braunstein, a law firm concentrating on the representation of financial institutions and debt and equity funds in national and regional commercial finance and real estate finance transactions, recently announced the promotion of five lawyers...
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March 25, 2021, 07:00 AM
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White Oak Healthcare MOB REIT announced the acquisition of seven medical office buildings in five states. The seven assets total 67,110 SF and are 100% leased to Fresenius and DaVita affiliates.The acquisition includes five Fresenius facilities in...
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March 24, 2021, 07:45 AM
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SmartStop Self Storage REIT entered into a multi-currency credit facility of up to $500 million with a syndicate of banks led by KeyBank National Association, Wells Fargo, N.A., Citibank, N.A. and Bank of Montreal. The facility consists of a $250...
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March 18, 2021, 07:30 AM
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Structurally flawed businesses that survived 2020 are in greater danger of imploding in 2021, which could put further pressure on stakeholders in commercial real estate, said Doug Greenspan, a managing director at A&G Real Estate Partners, during a...
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March 16, 2021, 07:45 AM
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Nolan Capital announced the addition of Austin Browning to its team. Browning will serve as a Managing Director focused on private equity, real estate and other investing activities of the firm. He will assist Nolan Capital in identifying new...
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March 16, 2021, 07:24 AM
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Greystone announced that David Goodwin has joined as a Managing Director in the firm’s Portfolio Lending Group. In this role, Goodwin will focus on underwriting large-balance bridge loans, a 2021 focus for Greystone’s Portfolio Lending platform.Mr....
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March 04, 2021, 07:45 AM
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Greystone announced that David E. Friedman has joined as a Senior Managing Director and Head of Institutional Lending to lead a strategic build-out and take-to-market execution of the firm’s new institutional lending platform. In this role, Mr....
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March 03, 2021, 07:15 AM
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Bloomberg reported U.S. mall values plunged an average 60% after appraisals in 2020 citing how pandeimc shutdowns hurt properties with pre-exiting problems. According to the report, about $4 billion in value was erased from 118 retail-anchored...
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March 02, 2021, 08:10 AM
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Global Net Lease announced that Barclays has committed $50 million to the Company's revolving credit facility, bringing total commitments to approximately $1.2 billion. The increase in commitments was made, at the request of the Company, pursuant to...
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February 26, 2021, 07:00 AM
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Biddeford Holdings LLC, a partnership between Gordon Brothers and New Mill Capital, acquired the real estate and machinery and equipment of a producer and marketer of packed bakery food. The assets include company-owned real estate and the machinery...
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February 19, 2021, 07:55 AM
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Dwight Capital closed in excess of $635MM in financings (including Interest Rate Reductions) in January. Featured among Dwight’s closings are HUD loans for Legends Cary Towne, SOVA on Grant Apartments, Infinity at Centerville Crossing and Cascades...
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February 17, 2021, 07:18 AM
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Knotel announced plans to accelerate its transformation into a more capital efficient business and reorganize its operations and capital structure under new ownership.As part of its strategic path forward, Knotel has reached an agreement to sell the...
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February 01, 2021, 07:42 AM
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CIT Group's Healthcare Finance business served as sole lead arranger of senior debt financing aggregating $48 million for the acquisition of a portfolio of medical office buildings. The borrower is a joint venture between Kayne Anderson Real Estate...
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January 28, 2021, 07:15 AM
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White Oak Healthcare MOB REIT acquired a Class-A Medical Office Building in Henderson, Nevada.The property was built in 2008 and is less than a mile from Dignity Health – St. Rose Dominican Hospital, in Henderson, Nevada, a well-regarded...
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January 25, 2021, 06:00 AM
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ORIX Corporation USA (ORIX USA), the Americas business of Tokyo-based ORIX Corporation (ORIX), announced that wholly-owned subsidiary, Boston Financial Investment Management (Boston Financial), completed the acquisition of Boston Capital’s low-income...
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December 18, 2020, 07:00 AM
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Mesa West Capital has provided a joint venture of CapRock Partners and funds managed by Ares Management Corporation with $134.6 million in first mortgage debt for the construction and lease up of CapRock Tropical Logistics Park, a two-building, 1,128...
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December 15, 2020, 08:25 AM
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Office tenants will be in tough negotiations with landlords for the next two years or more—and that means they need to be strategic about securing concessions that lower their occupancy costs, writes Andy Graiser of A&G Real Estate Partners (A&G) in...
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December 15, 2020, 07:30 AM
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Fifth Third Bank announced its second equity investment in Bellwether Enterprise Real Estate Capital, LLC (Bellwether Enterprise), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (ECI). In addition...
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October 22, 2020, 07:00 AM
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Pretium and a group of its investors and funds managed by the Real Estate Equity and Alternative Credit strategies of Ares Management Corporation announced a strategic partnership to acquire Front Yard Residential Corporation, a leading provider of...
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October 20, 2020, 08:10 AM
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Stroock has appointed Lorie Soares Lazarus and Peter David Ballance as partners in its national real estate service practice in Los Angeles.The pair join from Katten Muchin Rosenman, where Lazarus co-chaired the firm’s West Coast Real Estate practice...
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October 05, 2020, 09:15 AM
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Gordon Brothers announced that Thomas Pedulla has joined the company as President of Real Estate. Pedulla will lead the growth and expansion of Gordon Brothers’ real estate group. Pedulla inherits a team of seasoned real estate professionals with a...
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July 30, 2020, 08:45 AM
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Rod Stevens, who has successfully turned around complex commercial real estate projects on behalf of high net worth individuals, financial institutions, development firms and municipalities, has joined Seattle-based Revitalization Partners. He will...
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June 26, 2020, 07:00 AM
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B. Riley Financial, Inc., a diversified provider of business advisory and financial services, today announced that Al Lieberman and Peter Lynch have joined as Principals with B. Riley Real Estate, LLC. Lieberman and Lynch each bring over 30 years of...
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April 09, 2020, 09:12 AM
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Hilco Global has issued a timely perspective specific to OREO asset managers and their teams nationwide, to assist in productively guiding their early and ongoing actions through the very challenging economic upheaval associated with the COVID-19...
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April 09, 2020, 08:55 AM
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CIT Group Inc. announced its Real Estate Finance unit served as lead arranger on $87 million in financing for a portfolio of Storage Rentals of America-branded self-storage facilities.The financing will be used by a fund managed by SROA Capital, LLC...
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October 11, 2019, 08:40 AM
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White Oak Healthcare Finance, LLC announced it will broaden its product offering and enter the healthcare real estate investment market. White Oak hired Jeff Erhardt, Paul Nevala, Mike Treiber and John Brussard to build out the vehicle, which will...
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March 20, 2019, 08:55 AM
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Coworking providers have established a sustainable position in key global office markets, due to a fundamental and generational shift in office demand trends, and are benefiting the US office REIT sector, according to Fitch Ratings. WeWork, one of...
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March 14, 2019, 08:00 AM
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Capital One announced that it has provided a $38 million Freddie Mac loan to fund the acquisition of The Dylan, a 208-unit apartment community in Oceanside, California, a city in San Diego County. The sponsor is 29th Street Capital, a privately held...
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March 01, 2019, 08:00 AM
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Four Springs Capital Trust announced that it has expanded its current three-year revolving credit facility from $75 million to $125 million, with the ability to increase the credit facility by an additional $75 million to $200 million through an...
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February 22, 2019, 07:14 AM
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Real estate lender Calmwater Capital has provided a $63 million loan to the Relevant Group for construction of the Thompson Hotel in Hollywood. Relevant Group plans to introduce the luxury boutique Thompson Hotel brand to Southern California.
This...
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February 13, 2019, 07:29 AM
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Capital One announced that it provided a $104.4 million adjustable-rate loan to a joint venture between Catalyst Healthcare Real Estate and Bain Capital Real Estate for the acquisition of 21 medical office buildings totaling 531,000 square feet and...
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February 08, 2019, 07:15 AM
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CBL Properties announced that it had closed on a new $1.185 billion senior secured facility, which includes a fully-funded $500 million term loan and a revolving line of credit with total borrowing capacity of $685 million.
“We are pleased to close...
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January 31, 2019, 07:47 AM
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Wells Fargo & Company announced the closing of a $357 million senior loan to Rockpoint Group for the acquisition of One Dag Hammarskjöld Plaza.
One Dag Hammarskjöld is located at 885 Second Avenue in Midtown Manhattan, anchoring the United Nations...
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January 17, 2019, 07:18 AM
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BHI announced that it provided a $47 million bridge loan to refinance the Moxy, a hotel located at 1011 K Street NW in downtown Washington, D.C. The borrower is Douglas Development Corporation (DDC).
Located in one of Washington DC’s fastest growing...
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January 15, 2019, 07:21 AM
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Super G Capital has provided a $3.3 million bridge loan to a privately owned portfolio of commercial and residential real estate totaling $300 million in value.
The client is a successful retail entrepreneur who diversified his wealth into real...
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January 11, 2019, 08:08 AM
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CIT Group Inc. announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, served as sole lead arranger of $21.4 million in senior secured credit facilities for Virtus Real Estate Capital, a private equity real estate...
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December 14, 2018, 08:05 AM
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CIT Group Inc. announced that its Healthcare Finance business, part of CIT’s Commercial Finance division, provided $28.7 million in financing for the acquisition of medical office buildings in Brockton and Haverhill, Massachusetts.
The Brockton...
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December 04, 2018, 07:15 AM
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American Healthcare Investors, LLC and Griffin Capital Corporation, the co-sponsors of Griffin-American Healthcare REIT IV, Inc., announced that the REIT and certain of its subsidiaries have entered into a new credit facility totaling $400 million...
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November 28, 2018, 07:15 AM
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First American Financial Corporation , a global provider of title insurance, settlement services and risk solutions for real estate transactions, released First American’s proprietary Real Estate Sentiment Index (RESI) for the fourth quarter of 2018....
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November 27, 2018, 07:12 AM
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CIT Group Inc. announced that its Real Estate Finance business served as a sole lead arranger of a $91 million senior secured loan for the acquisition of the Sheraton Denver Hotel in downtown Denver, Colorado.
The property, which serves as Denver’s...
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November 20, 2018, 07:16 AM
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Capital One announced that it has provided a $118.3 million Fannie Mae adjustable-rate loan to an investment vehicle managed by Seattle-based alternative investment firm, Columbia Pacific Advisors. The proceeds were used to acquire fee interest in a...
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November 14, 2018, 08:07 AM
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CIT Group Inc. announced that its Real Estate Finance division provided a senior secured construction loan of up to $35 million for development of a new office building on East 61st Street in Manhattan.
The project -- a planned six-story structure...
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November 01, 2018, 07:16 AM
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Capital One announced that it has established a new unitranche loan program, focused on the commercial and healthcare real estate industries, with Kayne Anderson Real Estate as strategic co-investor. The program, through Structured Real Estate...
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October 31, 2018, 08:04 AM
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Angelo Gordon, a $32 billion alternative investment firm focused on credit and real estate investing, announced that Paul Lewis has joined the firm as a Director, European Net Lease Real Estate. In this role, Lewis is responsible for net lease deal...
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October 30, 2018, 07:00 AM
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Capital One’s annual survey of seniors housing and long-term care executives has found that industry leaders are maintaining their optimistic outlook for M&A activity for the upcoming year. Ninety-two percent of executives foresee M&A activity...
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October 22, 2018, 07:12 AM
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Capital One announced that it has provided a 35-year, fixed-rate $17.1 million HUD 232/223(f) loan to refinance a 104-unit skilled nursing facility in Romeo, Michigan, in the northern suburbs of Detroit. The refinancing was conducted under HUD’s...
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October 09, 2018, 07:05 AM
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American Finance Trust, Inc., a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S....
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October 08, 2018, 07:00 AM
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Capital One announced today that it has provided a 35-year, fixed-rate $28.4 million HUD 232/223(f) loan to refinance a supportive living facility in Des Plaines, Illinois, a suburb of Chicago. The property includes 162 assisted living units, 150...
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October 04, 2018, 07:09 AM
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Chiron Financial, LLC served as the exclusive investment banker to Seville Farms in the placement of real estate and equipment financing with the Greater Nevada Credit Union.
Seville is a leading producer of perennials, annuals and tropical plants...
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September 06, 2018, 07:19 AM
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Monticello Asset Management, LLC announced that two of Monticello’s investment vehicles originated $8.88 million in first lien debt financing to Madison Due West Property, LLC and a $1.50 million working capital loan the operating company of the...
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August 24, 2018, 07:04 AM
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MGM Growth Properties LLC announced that it has completed the previously announced acquisition of the Hard Rock Rocksino Northfield Park for approximately $1.06 billion from Milstein Entertainment LLC. MGP funded the acquisition with cash on hand and...
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July 09, 2018, 07:06 AM
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US Capital Global has provided a $25.5 million real estate loan for real estate investment company Blue Tide Partners Hamilton, LLC. Dedicated to rehabilitating low-income and underserved populations into stable housing and self-sufficiency, this for...
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July 05, 2018, 07:00 AM
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Greystone announced the May 30, 2018 closing with investors of the $750 million Greystone Senior Debt Opportunity Fund. The Fund is managed by Greystone’s affiliate investment adviser and includes several institutional and large public pension fund...
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June 22, 2018, 07:04 AM
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Hilco Redevelopment Partners, a unit of Hilco Global, announced that Jeremy Grey has joined its real estate redevelopment team as Director of Development.Grey will be responsible for overseeing all HRP real estate development activity and future...
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June 06, 2018, 07:14 AM
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CIT Group Inc. announced that its Healthcare Finance business, part of the Commercial Finance division, has closed on a $15.3 million loan to finance the purchase of a San Diego, Calif., medical office building. The Coast Medical Center is a four...
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May 30, 2018, 07:05 AM
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PREIT announced the execution of a modification and extension of its $400 million unsecured Revolving Credit Facility and two of its $150 million 5-Year Term Loans, totalling $300 million. Terms and conditions remain substantially the same as its...
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May 29, 2018, 07:05 AM
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Directed Capital, a national opportunistic real estate finance firm that acquires and strategically repositions underperforming commercial mortgage loans, announced Goldman Sachs has increased its credit facility to $150 million to facilitate the...
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May 02, 2018, 07:22 AM
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Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated $31.21 million in first lien debt financing to The W Group at New Broadview, LLC.
Monticello’s borrowers are in need of short term financing for...
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April 25, 2018, 07:14 AM
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Monticello Asset Management, LLC, announced that one of Monticello’s investment vehicles originated $45.3MM in first lien debt financing to Nesconset Property NY LLC and multiple affiliated entities. The Mortgagor is using the funds to acquire one...
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April 18, 2018, 07:31 AM
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Washington Real Estate Investment Trust entered into an Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as administrative agent, and the financial institutions party thereto as lenders and agents, which provides for...
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March 30, 2018, 07:22 AM
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Industrial Logistics Properties Trust announced that the syndication of its $750 million unsecured revolving credit facility has closed.
The maturity date of the credit facility is December 29, 2021, with the option to extend the maturity date for...
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March 20, 2018, 07:24 AM
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Capital One announced that it has added seven senior housing properties owned by subsidiaries of Healthcare Trust, Inc. (HTI) to HTI’s Fannie Mae credit facility. This transaction brings the total facility to $216.6 million, an increase of $64.2...
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March 15, 2018, 07:01 AM
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Capital One announced that it served as administrative agent, lead arranger, and bookrunner for a $81.2 million loan to a newly formed joint venture between Sentinel Real Estate Corporation and Bahrain Mumtalakat Holding Company. The borrower used...
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March 09, 2018, 07:12 AM
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Washington Prime Group Inc. announced that its operating partnership, Washington Prime Group, L.P., has amended and restated its existing revolving credit and term loan facility that was set to mature with extension options on May 30, 2019. The newly...
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January 24, 2018, 07:22 AM
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Hunter Street Partners has officially launched as a new Minneapolis-based alternative investment management firm that will provide capital solutions to operating partner teams and lower middle market companies across corporate finance, real estate...
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January 15, 2018, 07:00 AM
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The Parking REIT, Inc. announced that it entered into a new $50 million senior secured revolving credit facility with KeyBank N.A. The credit facility is comprised of a borrowing base revolving credit facility with a maturity date of January 3, 2021...
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January 08, 2018, 07:25 AM
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Natixis provided a $50 million construction loan and arranged a $16.2 million preferred equity position for the development of a 255-unit Class A multifamily community with ground floor retail located in the fast-growing market of Westminster, CO....
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December 08, 2017, 07:06 AM
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Gladstone Commercial Corporation, a real estate investment trust focused on acquiring, owning and operating net leased industrial and office properties, announced that it amended, extended and upsized its existing, syndicated revolving credit and...
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November 01, 2017, 07:00 AM
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CIT Bank, N.A. announced that it has reached an agreement to sell its reverse mortgage servicing business, Financial Freedom, and its reverse mortgage portfolio to an undisclosed buyer. The transaction includes the sale of mortgage servicing rights...
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October 09, 2017, 07:19 AM
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Canyon Partners Real Estate LLC announced the acquisition of the leasehold interest in Coronado Palms, a 169-unit apartment community located in Anaheim, California. The transaction was executed through Canyon Multifamily Impact Fund III LLC,, a...
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September 26, 2017, 08:00 AM
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H.I.G. Capital, a global alternative asset firm with $23 billion of equity capital under management, announced that Steven Schwartz, former Head of Acquisitions and Originations at Torchlight Investors, LLC, has joined H.I.G. Bayside Capital as a...
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September 25, 2017, 07:29 AM
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Alexander & Baldwin, a real estate and agriculatural firm, announced that it has amended its revolving credit and private note shelf facilities.
"We're pleased to have closed on the amendments to our revolving credit and private note shelf...
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September 21, 2017, 07:08 AM
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Ramco-Gershenson Properties Trust announced that it has closed on its amended and restated $350 million unsecured revolving credit facility. The credit facility matures September 2021 and can be extended one year to 2022 through two six-month options...
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September 15, 2017, 08:00 AM
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Capital One announced that it provided a $68 million loan for the acquisition of two campus-adjacent outpatient medical office buildings by Anchor Health Properties in the La Jolla/UTC submarket of San Diego. The properties total 206,000 square feet....
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September 08, 2017, 07:00 AM
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Greystone, a real estate lending, investment and advisory company, announced it has added two Managing Directors to the CMBS lending group. Joe Mosley, Jr. and Dan Wolins will both report to Rob Russell, head of CMBS loan production.Mosley, based in...
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August 15, 2017, 08:00 AM
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M/I Homes, Inc. announced that it has amended its unsecured revolving credit facility to increase the borrowing availability from $400 million to $500 million and extend the maturity to July 2021. The credit facility was previously scheduled to...
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July 21, 2017, 07:08 AM
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Capital One announced that it served as joint lead arranger, sole bookrunner, and administrative agent for a $250 million syndicated loan to Healthcare Trust, Inc. (HTI). The company will use the funds to refinance 29 medical office assets totaling 1...
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July 14, 2017, 07:41 AM
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The vacancy rate for regional malls was 8.1% in Q2 2017, up from 7.9% in Q1, and up from 7.9% in Q2 2016, according to recent data from Reis. While vacancy rates appear to be climbing, they are down from a cycle peak of 9.4% in Q3 2011.For...
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July 07, 2017, 08:00 AM
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Golub Capital announced that as Administrative Agent, Joint Lead Arranger and Joint Bookrunner, it provided a GOLD facility to support TA Associates' strategic investment in MRI Software (MRI). GOLD financings are Golub Capital One-Loan Debt...
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July 06, 2017, 07:17 AM
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Patch of Land, a provider of online real estate lending using a technology-rich crowdfunding platform, has expanded its senior warehouse debt facility with SF Capital from $10 million to $30 million. SF Capital, a private investment firm with a...
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June 15, 2017, 07:04 AM
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Monticello Asset Management, LLC announced that one of Monticello’s investment vehicles originated a multi asset loan comprising of $69.3 million in first lien debt financing to a series of entities, including 50 Christy Place, LLC.
Monticello is a...
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June 14, 2017, 07:58 AM
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Ryman Hospitality Properties, Inc., a lodging real estate investment trust (REIT) specializing in group-oriented, destination hotel assets in urban and resort markets, today completed a series of refinancing transactions that were previously...
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May 25, 2017, 07:30 AM
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Wells Fargo served as the administrative agent on a $100 million increase in the principal amount of Ryman Hospitality Properties's existing credit agreement, according to an SEC filing.
Ryman Hospitality Properties, Inc. entered into a Fifth...
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May 16, 2017, 07:14 AM
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Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, announced the closing of the expansion of its $90 million senior secured revolving credit facility to $150...
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May 15, 2017, 08:02 AM
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CIT Group Inc. announced that its Real Estate Finance business provided a $46 million senior secured credit facility to Menin Development, a privately held owner, developer and manager of commercial real estate in the Southeast United States. Menin...
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May 10, 2017, 07:20 AM
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Colony Starwood Homes Partnership, L.P., a wholly-owned subsidiary of Colony Starwood Homes, entered into a new credit agreement with JPMorgan Chase Bank, N.A., as administrative agent and the other parties thereto. The credit agreement provides for...
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May 02, 2017, 07:36 AM
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Playa Hotels & Resorts N.V. and subsidiary, Playa Resorts Holding B.V., entered into an amended and restated senior secured credit agreement pursuant to that certain Restatement Agreement with Deutsche Bank AG New York Branch, as Administrative Agent...
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May 01, 2017, 07:18 AM
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced that it has provided a credit facility totaling $25.2 million to Newburgh CORe Neighborhood Revitalization, an affordable housing initiative in Newburgh, NY. The credit...
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April 10, 2017, 07:18 AM
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Capital One announced that it served as the administrative agent for a $30.5 million loan for the acquisition of a 107,000-square-foot, medical office building in Grand Rapids, Mich. The principal is Carter Validus Mission Critical REIT II, which was...
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March 23, 2017, 07:18 AM
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W. P. Carey Inc. entered into a third amended and restated credit agreement, by and among W. P. Carey, as borrower, the Guarantors from time to time party thereto, the Lenders from time to time party thereto, Bank of America, N.A., as Administrative...
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February 24, 2017, 07:42 AM
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Condor Hospitality Trust, Inc., a hotel-focused real estate investment trust (REIT) headquartered and incorporated in the state of Maryland, announced that it has executed a commitment letter with two lenders for a $90 million senior secured credit...
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February 09, 2017, 07:00 AM
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Kimco Realty Corp., one of North America’s largest publicly traded owner and operator of open air shopping centers, announced that it has closed on a new $2.25 billion unsecured revolving credit facility with commitments from 19 lending institutions...
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February 02, 2017, 07:00 AM
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Putnam Funding, a boutique bank specializing in debt and equity funding for all commercial real estate, announced today that it is ringing in the new year with several new lending programs to serve its growing customer base.While Putnam will continue...
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January 09, 2017, 07:38 AM
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Stonebriar Commercial Finance announced the expansion of its capital solutions for clients with the creation of SCF Realty Capital and the hiring of Pete Mavoides as President.Stonebriar Commercial Finance ("Stonebriar") is a rapidly growing...
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April 20, 2016, 07:54 AM
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Gordon Brothers Group announced the appointment of John Dattilo as Director, Real Estate of the Commercial & Industrial Division. Dattilo will oversee the analysis, acquisition and sale of industrial real estate assets and will be based in Chicago. ...
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January 15, 2016, 07:39 AM
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AloStar announced it has added four people to its team to support growth in its loan portfolio and the addition of a real estate finance product. Dan Rogers, Megan Enlow and Jared Schlosser join the underwriting team while Maryann Taylor joins as a...
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June 04, 2015, 07:50 AM
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AloStar has announced the expansion of its product offering with the launch of AloStar Real Estate Finance. David Hudson has been named Managing Director and will head the newest platform in the AloStar suite of products.AloStar’s real estate...
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May 28, 2015, 07:54 AM
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TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided $13 million of secured financing to support the acquisition of eCommission Financial Services...
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September 15, 2014, 07:51 AM
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Oxford Finance LLC, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, announced that it closed a $12.4 million senior secured term loan and a $1.5 million revolving line of credit with Pritok...
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August 27, 2014, 07:17 AM
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Alvarez & Marsal Real Estate Advisory Services announced it is assisting the U.S. Navy in a search for a developer for a 12-acre site in Southern Maryland. The Navy has issued a request for qualifications for a lease opportunity at Navy Recreation...
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July 09, 2014, 07:15 AM
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Capital One Bank today introduced Capital One Multifamily Finance, a commercial real estate organization that combines Capital One’s balance sheet and agency lending groups into a single entity. The announcement marks the next stage in Capital One’s...
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June 03, 2014, 06:42 AM
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GA Keen Realty Advisors, the real estate division of Great American Group, has been retained, subject to bankruptcy court approval, by women's clothing retailer Coldwater Creek Inc. to market and auction 363+/- valuable retail leases located...
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May 30, 2014, 07:14 AM
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CIT Group Inc. has appointed William Douglass Group Head and Managing Director of CIT Corporate Finance, Healthcare, effective immediately. He previously served as Underwriting Manager for the Group where he was responsible for overseeing the...
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March 25, 2014, 07:46 AM
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Capital One Bank announced today that it has provided a $22.7 million, three-year term loan to White Provision Redevelopment, L.P., an entity owned by Jamestown Co-Invest 4, L.P., a real estate investment and management company. The loan will be...
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January 23, 2014, 07:16 AM
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BofI Federal Bank, a subsidiary of BofI Holding, Inc. (NASDAQ: BOFI), has closed on a $22.5 million bridge loan with 7 West 44th St. Realty LLC (“Realty”) in connection with Realty’s acquisition of the Paragon Building, a 16 story, 65,000 square foot...
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January 20, 2014, 07:34 AM
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Pluris Valuation Advisors, LLC, a full-service national valuation firm, announced the creation of the Real Estate Appraisal Group.The new group, which will be based in Pluris’ office in Newport Beach, CA, will be headed by Vice President Steven D....
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January 17, 2014, 07:04 AM
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RCN Capital, LLC (RCN), a South Windsor, CT based specialty lender, has closed on a $25 million revolving credit facility with BofI Federal Bank (BofI). RCN is a private lender, assisting real estate investors and developers in the purchase and...
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January 03, 2014, 07:59 AM
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MidCap Financial, a leading healthcare oriented commercial finance company focused on the middle market in the United States, today announced it has been acquired by an entity managed by Apollo Global Management, LLC (together with its consolidated...
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November 19, 2013, 07:43 AM
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CIT Group Inc. today announced that it provided a senior secured term loan to Cole Real Estate Investments, Inc. (Cole), a real estate investment trust (REIT) that owns and manages a diversified portfolio of real estate, including restaurant, retail...
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October 28, 2013, 08:33 AM
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Hudson’s Bay Company and Saks Incorporated announced that they have entered into a definitive merger agreement whereby HBC will acquire Saks for U.S.$16.00 per share in an all-cash transaction valued at approximately U.S.$2.9 billion, including debt....
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July 29, 2013, 07:36 AM
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Competitive pricing and easier terms offered by U.S. banks on commercial and industrial (C&I) loans likely signal weakening asset quality for many commercial lenders, according to Fitch. Fitch expects some deterioration in C&I credit quality...
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May 31, 2013, 07:29 AM
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GE Capital’s Franchise Finance business announced today that it has provided a $45 million real estate-secured revolving credit facility to new customer Platinum Hospitality Management, an affiliate of Platinum Companies. Based in Hermitage, TN, a...
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May 28, 2013, 08:05 AM
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