A CIBC syndicate has originated a $400 million floating-rate loan on Lord & Taylor’s flagship store in Midtown Manhattan.Read more.
Amid pent-up demand for fresh paper and improving bond-market conditions, the benchmark classes of three conduit offerings have achieved spreads...Read more.
Blackstone is quietly exploring whether to refinance its $1.3 billion floating-rate mortgage on the Las Vegas Cosmopolitan Hotel.Read more.
The first conduit offering to hit the market in more than a month faced tough sledding this week in the wake of financial-market turmoil caused by the...Read more.
Industry veteran Timothy Gallagher is jumping from the sell side to the buy side.Read more.
J.P. Morgan has agreed to lead a roughly $450 million mortgage on a portion of a mixed-use complex in Washington.Read more.
The slowdown in the commercial MBS market is forcing mezzanine lenders to change tactics.Read more.
Redwood Trust is marketing $241.3 million of performing high-yield commercial real estate debt — primarily mezzanine loans.Read more.
Och-Ziff Capital has circled its first conduit B-piece and plans to continue buying after risk-retention rules kick in late this year.Read more.
Starwood Property is stepping up to provide more than $300 million of debt for the development of a Brooklyn apartment complex by Spitzer Enterprises.Read more.
Wells Fargo and J.P. Morgan are putting together a syndicate for a $918 million debt package that will finance Blackstone’s pending acquisition of a...Read more.