Home Refinancing
refinancing
The four-year loan will be used by LV Collective to replenish capital backing Rambler Athens, a 750-bed complex adjacent to the University of Georgia.
The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.
Owners CBRE IM and Brookfield in February lined up a $215m refinancing for the property via Nuveen and Torchlight Capital.
The firm has been active as a senior and mezzanine lender and worked in both capacities to back Pearlstone Partners’ development of an Austin condominium project.
The borrower is a joint venture between Blue Vista and Cabot, Cabot & Forbes, owners of a Class A property in the Brighton submarket.
This article is sponsored by Trimont Trimont struck a deal to acquire Wells Fargo’s non-agency third-party commercial mortgage servicing (CMS) business last year, becoming the largest commercial real estate loan servicer in the US in the process. The Atlanta-based advisory will manage some $640 billion of loans in the US, which is around 11 percent […]
Borrowers are looking to balance the right approach in the current high-rate environment without handicapping themselves for future opportunities, say Bravo Capital’s Aaron Krawitz and Bravo Property Trust’s Gabi Moshayev.
Nuveen Green Capital’s Jessica Bailey talks about the potential runway for the niche financing strategy.
The financing will be used by Steiner NYC to buy out their equity partner JPMorgan Asset Management and capitalize the Hub.
The firm will use the transaction to expand its agency lending capabilities and tee up more exits through its mortgage REIT investments.