News

JLL arranges $305m Big Apple floater

JLL’s Capital Markets team has arranged a $305m floating-rate loan to refinance debt on 530-536 Broadway, three adjoining mixed-use buildings


Megalith brings on Lobron for development post

Megalith Capital Management has brought on Matthew Lobron as a senior v.p. of development, the company announced. Lobron will oversee

Southland Mall loan transferred to special servicing

A $67.5m loan on Southland Mall, a Miami-area super-regional mall, has been transferred to special servicing due to imminent default,



Quantum arranges $64m construction loan

Quantum Capital Partners has arranged $64m of construction financing for a high-end student housing development in Seattle. The planned property,


Logistics Property charts aggressive acquisition, development pipeline

Logistics Properties Co. is planning to increase its portfolio of U.S. logistics assets to $5bn over the next five years,


Will Amazon move into mortgage market?

Amazon, which has significantly expanded its business model in recent years with the acquisition of Whole Foods and Pill Pack,


CrowdStreet launches first fund

CrowdStreet, an online marketplace for direct equity investment in U.S. commercial real estate, is raising its first fund. CrowdStreet Blended


Breakfast briefing: Opportunity zone platforms wait impatiently for IRS guidelines

Commercial real estate developers are waiting impatiently for U.S. regulators to formulate the final rules for opportunity zones, economically distressed


CIT leads San Diego acquisition loan

CIT Real Estate Finance has originated a $50m senior secured loan for the acquisition of a San Diego-area industrial portfolio,


MBA Annual Convention: Lenders race to reduce the technology lag

The mortgage lending industry has lagged behind other sectors such as education, financial and insurance and hospitality in adopting technology


Picking their shots: Developers curate retail component for mixed-use projects

More developers are meticulously curating the retail component of mixed-use projects, working with brokerage firms early in the process to


MBA names 2019 Board of Directors

The Mortgage Bankers Association swore in its Board of Directors for the 2019 membership year at its Annual Convention &


Hines brings on Trujillo, Bulsiewicz

Hines has hired veteran multifamily specialist Robert Trujillo as a managing director, according to a press release. The firm has




Transwestern, Devencore form North American alliance

Houston-based Transwestern Commercial Services has formed a strategic alliance with Devencore, a Montreal-based commercial real estate services company, according to


Related, Atria form urban senior housing venture

Related Companies and Atria Senior Living have formed a joint venture to develop, own, and operate more than $3bn modern,


Naftali Credit builds Big Apple lending pipeline

Naftali Credit Partners has closed its debut financing in New York and is nearing completion for its second. The company,


More borrowers opting to lock in long-term rates

More commercial real estate borrowers are looking to lock in long-term interest rates in the wake of the Federal Reserve’s


Fitch tracks September CMBS delinquency dip

Fitch Ratings tracked a dip in U.S. commercial mortgage-backed securities delinquencies in September due to strong new issuance volume, steady