The financing was originated for Respark Residential and LaTerra Capital Management and was used to fund the acquisition of a 1,495-unit portfolio.
The real estate debt managers will refinance 77 properties across 12 markets on behalf of Catalyst IOS Fund II.
CBRE Loan Services denies allegations that it and lenders to Belgium’s largest office building pressured valuers.
The New York-headquartered manager’s green bond issuance was more than five times oversubscribed.
Interest rate shocks, trade disruptions and the conflict in Iran have prevented a typical commercial real estate recovery from occurring.
Covenants, hedging and prepayment are areas of focus in loan discussions, the adviser said at a London presentation.
Luxembourg-based APS Holding sees opportunity to acquire leftovers of larger portfolios from their original buyers.
The most significant commercial property financing transactions across global debt markets, collected in our data snapshot, updated every Tuesday.
Real estate private credit has worldwide scope today, says Tim Johnson. But Blackstone’s global head of real estate debt tells PERE Credit that does not make it straightforward.
The loan will fund Edge Property Group’s 276-unit, 321-bed project at 465 West 165th Street in Manhattan’s Washington Heights submarket.