Chatham Financial buys London-based JCRA Group
Chatham Financial has acquired London based-JCRA Group to expand the firm’s presence in Europe. Chatham and JCRA specialize in providing debt and derivatives solutions to...
U.S commercial, multifamily mortgage originations up 24% in Q3
U.S commercial and multifamily mortgage loan originations increased by 24 percent year-over-year in the third quarter, and up 9 percent from second quarter, according...
Japanese firm buys US commercial real estate lender
Tokyo-based financial services firm ORIX Corporation announced that its group company in the U.S., ORIX Corporation USA (OCU), has signed an agreement to acquire...
Legal & General invests £125m in City of London Corporation
LGIM Real Assets (“Legal & General”) has provided £125 million in long-term financing to the City of London Corporation, the governing body of the...
WeWork announces completion of $1.5bn funding from SoftBank
The We Company, WeWork’s parent organization, and SoftBank Group Corp. announced that WeWork has received $1.5 billion in funding, which was an acceleration of...
Derwent London first UK REIT to sign Green RCF
Derwent London, the London-focused Real Estate Investment Trust (“REIT”), has agreed and signed a new five-year £450 million revolving credit facility (“RCF”) from HSBC...
JLL arranges $350M refinancing for San Francisco office asset
JLL has arranged a $350 million refinancing for 225 Bush Street, a historic, Class A office asset totaling 580,000 square feet in San Francisco. JLL worked...
U.S commercial, multifamily mortgage debt reaches $3.5tn in H1 2019
U.S commercial and multifamily mortgage debt outstanding rose by 1.5 percent, $51.9 billion, in the second quarter of 2019, according to the Mortgage Bankers...
CIM provides $101m construction loan for multifamily project in Phoenix
CIM Group has provided a $101 million construction loan to a partnership controlled by Hines for the development of a luxury multifamily property in...
Colony Credit Real Estate closes $1.0 billion CRE CLO
Colony Credit Real Estate closed CLNC 2019-FL1, a $1.0 billion managed Commercial Real Estate Collateralized Loan Obligation(CRE CLO). ''The CRE CLO accretively finances interests in 21...