JLL arranges $870m construction loan for Boston’s South Station project
JLL Capital Markets announced that it has arranged an $870 million construction loan for the first phase of the South Station redevelopment, which comprises a 1.2 million-square-foot,...
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...
WeWork secures new $1.1bn commitment from Softbank
The We Company, a parent organization of WeWork, told employees on Thursday that it cut its cash burn rate almost in half to US$671...
JLL arranges $316m construction loan for industrial project in Queens
JLL has arranged a $316 million construction loan for the development of Grand Logistics Center, a 1.1-million-square-foot, state-of-the-art, multi-story distribution facility in the Queens...
Aareal Bank provides €400m loan to GLP
Aareal Bank has provided a €400 million loan to GLP for refinancing the purchase of 27 prime logistics properties in the UK, Germany, France,...
New Residential to buy real estate lender from Goldman Sachs
New Residential Investment Corp. has agreed to acquire Genesis Capital LLC, a business purpose lender that provides financing to residential single- and multi-family real...
Silbury Finance announces two senior appointments
Silbury Finance has appointed Jamie Rahder as Investment Director and Trevor DaCosta as Finance Director. Rahder will be responsible for originating new real estate transactions,...
M&G acquires 41% stake in Finance Ireland
M&G has acquired a 41% stake in Finance Ireland, Ireland’s largest non-bank lender. M&G said the investment is on behalf of the £143 billion...
M7 Capital provides £12.5m loan for Edinburgh office asset acquisition
M7 Capital has provided, on behalf of its UK debt fund TREC II, a £12.5 million loan to VCM Global Asset Management to...
Cain and Starwood provide £535m development loan to Canary Wharf Group
Cain International and controlled affiliates of Starwood Capital Group have agreed a £535 million loan to Canary Wharf Group for the next phase of...
