IWG appoints Charlie Steel as CFO
IWG plc, a global supplier of flexible workspace solutions, has appointed Charlie Steel as Chief Financial Officer (CFO). Charlie Steel will join the Board prior to the end...
Harrison Street JV to fund £302m BTR development in Birmingham
A joint venture (JV) between with Harrison Street, Apache Capital and NFU Mutual has agreed to finance a 722-home build-to-rent (BTR) development, Great Charles Street, in Birmingham,...
Investec provides £80m development loan for Suffolk distribution centre
Investec Real Estate has provided Norton Group with an £80 million financing package to fund the development of a state-of-the-art distribution centre in Suffolk. The property...
Cheyne funds £400m for Dominus’s PBSA projects in City of London
Cheyne Capital Management has provided £400 million of senior loans to Dominus Dominus for two purpose-built student accommodation developments in the City of London. The first...
U.S mortgage rates see biggest one-week drop in a decade
Freddie Mac has released the results of its Primary Mortgage Market Survey®, showing that the average 30-year fixed-rate mortgage dropped 22 basis points. 30-year fixed-rate...
Commercial mortgage brokers optimistic about post-Brexit outlook
Despite the current political climate in the UK, commercial mortgage brokers remain optimistic about the year ahead, according to Shawbrook Bank’s Broker Barometer. With...
JBG SMITH recasts $1bn revolving credit facility
JBG SMITH announced it has amended and extended its existing revolving credit facility, which was set to mature on July 16, 2021. The recast...
Kennedy Wilson renews $500m revolving credit facility
Global real estate investment company Kennedy Wilson(NYSE: KW) today announced that its wholly owned subsidiary Kennedy-Wilson, Inc. has extended its existing $500 million unsecured corporate...
Helical, AshbyCapital JV secures £140m facility for London office development
A joint venture between Helical and AshbyCapital has secured a £140m facility to finance the development of 33 Charterhouse Street in London from Allianz. The...
ARA, Chelsfield secure S$385.8m green loan for commercial building
ARA Asset Management Limited (ARA) and Chelsfield have secured a S$385.8 million green loan from DBS Bank and United Overseas Bank Limited (UOB) to...
