JLL raises $336m in capital for mixed-use project in California
JLL has raised capital totaling $335.6 million for the development of Gateway at Millbrae Station, a transit-oriented, mixed-use residential and office property adjacent to...
European CMBS and commercial real estate face credit risks from economic uncertainty
New CMBS (commercial mortgage-backed securities) issuance in Europe will continue to be backed by moderately leveraged loans in 2020 as recessionary dangers and political...
Vornado completes $800m refinancing of 650 Madison Avenue
Vornado Realty Trust, a fully-integrated equity real estate investment trust, announced that its 20.1% owned joint venture has completed an $800 million refinancing of...
PIC invests £195 million in Glasgow
Pension Insurance Corporation plc (“PIC”) has invested £195 million of debt finance in City Property Glasgow, a subsidiary of the Glasgow City Council Group....
Credit Suisse Investment Outlook 2020: Resilience after all
''Global economy and risk assets expected to continue to show resilience despite headwinds'' Investors are likely to have to contend with many unforeseen events...
VICI Properties announces closing of private offering of notes
VICI Properties Inc. (NYSE:VICI) (“VICI Properties” or the “Company”) announced that its wholly owned subsidiaries VICI Properties L.P. (the “Operating Partnership”) and VICI Note...
Paramount completes $1.25bn refinancing of 1633 Broadway in Manhattan
Paramount Completes $1.25 Billion Refinancing of 1633 Broadway Realizing $179 Million of Net Proceeds Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced that...
Blackstone provides $724m refinance for Manhattan office property
Cove Property Group announced it has closed a $724.2 million refinance for Hudson Commons, its 25-story, 698,000 square foot trophy office redevelopment at 441 Ninth Avenue...
CBRE buys UK real estate debt platform Laxfield Capital
CBRE has acquired Laxfield Capital, a real estate debt investment business with £818 million of assets under management in the United Kingdom. Laxfield Capital...
Aviva Investors provides £136m long-term facility to Romulus
Aviva Investors has provided a GBP136 million, ten-year fixed rate facility, to Romulus, a London based property investment and development group, to refinance a...
