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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...

Brookfield borrows US$1.8bn to refinance New York office tower

Brookfield Property Partners, listed on the Nasdaq Stock Market and the Toronto Stock Exchange, has completed $2.2 billion financings in two transactions. The company said in...

European CMBS and commercial real estate face credit risks from economic...

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...

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