Canada Life AM provides £148m loan to LXi REIT
Canada Life Asset Management has provided a £148 million loan to LXi REIT plc. The loan will refinance a mixed-use, UK regional portfolio of...
Starwood provides £1.8bn loan for Blackstone’s UK holiday company buy
Starwood Capital Group has originated a £1.8bn term loan as mandated lead arrangers to Blackstone Capital Partners and Blackstone Real Estate Partners for the...
Marriott raises $920m in cash through amended agreements with Chase and Amex
Marriott International, Inc. has signed amendments to its existing co-brand credit card agreements with JPMorgan Chase & Co. and American Express. These amendments will...
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...
PGIM provides $41m loan for acquisition of industrial portfolio
PGIM Real Estate has provided a $41 million loan facility to Dalfen Industrial for the acquisition of a three-building Class A industrial portfolio with...
DRC Savills IM provides loan for €765m Amsterdam office acquisition
DRC Savills Investment Management has provided a substantial mezzanine loan to finance Victory Group’s EUR 765m acquisition of ABN AMRO’s global head office in...
CBRE appoints new head of debt and structured finance for Europe
CBRE has announced the appointment of Chris Gow as Head of Debt & Structured Finance, Europe, effective from 1st January 2024. Gow joined the business in...
Vornado secures $950m refinancing for Manhattan office building
Vornado Realty Trust has secured a $950 million refinancing for 1290 Avenue of the Americas, a 2.1 million square foot Class A Manhattan office building. The...
Greystone provides $76.7m refi for multifamily property in Huntingdon Valley, PA
Greystone has provided a $76,700,000 Fannie Mae Delegated Underwriting and Servicing (DUS®) loan to refinance Meadowbrook Apartments, a 531-unit multifamily property in Huntingdon Valley, Pennsylvania....
Greystone appoints Hafize Gaye Erkan as CEO
Greystone has appointed Hafize Gaye Erkan as its Chief Executive Officer (CEO), effective immediately. Her executive responsibilities will commence in September 2022. Gaye Erkan...
