Finance Lending
GE Finances $67M for Offices
May 16, 2008
GE Real Estate has announced two office financing deals totaling $67 million.
Financing in Place for Flex Property in Poway
May 16, 2008
With a $21 million loan in hand from Wrightwood Capital, the Emri Group will acquire a 144,000-square-foot flex building in Poway, Calif., about 20 miles outside of San Diego.
Crowne Plaza Amsterdam City Centre Sold
May 14, 2008
Acting for an institutional investor and InterContinental Hotels Group, Jones Lang LaSalle Hotels Inc. has completed the sale of the Crowne Plaza Amsterdam City Centre for approximately $111 million to joint venture HHR Euro CV.
$41M Financing Deal Closes for Dallas-Area MF
May 14, 2008
A financing package valued at approximately $41 million has been put in place for the 600-unit St. Marin/Karrington Apartments complex in Coppell, Texas, about 30 miles from downtown Dallas.
larimer $145M Construction Loan Set for Denver Tower
May 13, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has announced that it arranged a $140 million construction loan for 1800 Larimer.
Carlton to Market $69M of Loan Assets
May 13, 2008
Carlton has been retained to market and sell approximately $69.3 million of performing and nonperforming commercial mortgage loan assets on behalf of an institutional client, it has announced.
William Morris HQ $188M Financing Deal Paves Way for New William Morris HQ in Beverly Hills
May 12, 2008
A joint venture involving New York City-based George Comfort & Sons Inc. and Morgan Stanley Real Estate's Prime Property Fund, have secured $188 million in refinancing for an existing office structure and construction funding for the development of a new office and retail building in Beverly Hills.
Cutting Principal on Loans Bad Idea: Lenders
May 09, 2008
According to The Wall Street Journal today, the part of the legislation to offer relief to distressed home-owners, passed by the House yesterday, that would encourage principal reduction, is not a big hit with lenders.
Ontario's Next Generation Jobs Fund Likely to Have Real Estate Impact
May 08, 2008
The government of Ontario is on the verge of awarding a new series of grants to local businesses, a move that promises to stimulate demand for certain kinds of real estate indirectly, particularly space suitable for high-tech research or manufacturing.
$165M Loan Moves Mixed-Use Hotel Project Forward in Austin
May 07, 2008
Development of the W Hotel & Residences in Austin gets a boost now that construction financing has been put in place.
$375M in Funding to Kick Off Michigan Casino Project
May 07, 2008
The last piece of the financial puzzle for constructing the FireKeepers Casino in Battle Creek, Mich., has been put in place with the FireKeepers Development Authority's closing on $375 million in financing.
550 west washington $72M Financing Closes for Windy City Office
May 07, 2008
A financing package valued at $72.1 million has been put in place for the 371,400-square-foot office building at 550 West Washington in Chicago.
$18M Loan Paves Way for Beverly Hills Office & Retail Building
May 07, 2008
A plan to convert a former gas station site in Beverly Hills into the home of a 30,000-square-foot spec office and retail structure gets a boost with Newmark Realty Capital Inc.'s orchestration of an $18.1 million loan for the project
Franklin Credit Announces Hedge Agreements
May 07, 2008
Franklin Credit Management Corp. has announced that it has entered into interest rate swap agreements in order to hedge an additional portion of its interest-rate-sensitive borrowings against future increases in short-term interest rates.
Corporate Office Properties Closes $225M Revolving Construction Facility
May 05, 2008
Corporate Office Properties Trust has announced it closed on a $225 million construction loan facility that will be utilized to fund most of its construction costs over the next several years.
Krolman, Janet GE Real Estate Funds $960M for 34-Property iStar Portfolio
May 05, 2008
New York City-based iStar Financial Inc. has taken a single-source $960 million loan against a portfolio of 34 triple-net-leased single-tenant properties. Holliday Fenoglio Fowler L.P.  arranged the adjustable-rate, interest-only loan through GE Real Estate.  
Brookfield Real Estate Services Fund Announces Interest Rate Swap Agreement
May 05, 2008
Brookfield Real Estate Services Fund has announced that it has completed an interest rate swap agreement with the Canadian Imperial Bank of Commerce, which fixes the interest rate on its recently completed $15 million term facility at 4.29 percent with effect from April 7, 2008.
Bridge Loan Paves Way for Conversion of Retail Property to Residential in Boston Area
May 05, 2008
Boston-based Abbott Real Estate Development has secured a  bridge loan for its planned conversion of a former Wal-Mart store in Weymouth, Mass., into a 150-unit apartment complex.
Hypo Real Estate Closes $126M Loan for San Francisco Office Acquisition
May 02, 2008
Hypo Real Estate Capital Corp. has closed a $126 million loan for the acquisition of Ygnacio Center in Walnut Creek, Calif., which lies in the East Bay region of the San Francisco Bay area.
Marcus & Millichap Capital Arranges $30M Loan for Denver Apartment Complex
May 01, 2008
A $30.6 million non-recourse loan arranged by Marcus & Millichap Capital Corp. helped Security Properties Inc. of Seattle re-enter the Denver market with the $37 million purchase of The Aventine, a 336-unit apartment complex.
Wrightwood Loans $28M for Seattle Office Buy
April 30, 2008
Wrightwood Capital has provided $28 million to finance the acquisition of an office building in Seattle by The Mayfield Cos.
First Financial Markets $400M in M-F Loans
April 30, 2008
It's a sign of the times. Acting on behalf of a top banking institution, First Financial Network Inc. has just commenced an offering of more than $400 million in real estate loans on multi-family properties in the South and Southeast.
InStorage REIT Taps Kan for Senior Management Appointment
April 29, 2008
InStorage Real Estate Investment Trust has announced that Judy Kan has been appointed senior vice president for investments.
GE Provides $100M to Recapitalize 330 Wabash in Chicago
April 28, 2008
GE Real Estate has announced it provided a $100 million on-book bridge loan to an affiliate of Prime Group Realty Trust to recapitalize and reposition 330 N. Wabash, a Class A office building located in the River North area of Chicago, Ill.
Franklin Wisconsin Hospital to Open
April 28, 2008
Wheaton Franciscan Healthcare's hospital in Franklin, Wisc., is set to open today, according to a report by Alysha Schertz of Wilwaukee's Small Business Times.
 

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