Home Debt
debt
The financing will be used to launch development of a transit-oriented project in East Orange.
The financing was arranged by Lotus Capital Partners on behalf of a joint venture between Gencom and Mohari Hospitality.
Real Estate Capital USA looks at why the debt markets are slowing down and when they will thaw.
Nominations close on December 12 at midnight for Real Estate Capital USA’s second annual awards.
The denominator effect is causing notable instances of overexposure to property, according to the latest Allocations Monitor released this week by Hodes Weill and Cornell University’s Baker Program in Real Estate.
Jones Street Investment Partners secured individual loans from Key Bank, Bangor Savings Bank and Berkshire Bank.
Newmark arranges debt for 50-asset portfolio in burgeoning lending niche.
The report identifies a $26.5bn loan cohort maturing by the end of next year.
The apartment REIT has already lined up $350m to refinancing existing debt incurred as part of its 2012 acquisition of a 60% stake in Archstone.
Dekel brought in UBS to fund the loan after a previous lender was unable to finance the acquisition for sponsor DB Capital.