Vornado Realty has tapped the team of Morgan Stanley, Barclays and Bank of China to originate a $675 million fixed-rate mortgage on the Chicago Merchandise...Read more.
Four months after ousting its top administrative officer, the CRE Finance Council is turning over the reins to Lisa Pendergast, a well-respected industry...Read more.
The issuers of the first conduit offering designed to comply with risk-retention rules have awarded themselves a new power: the right to consult with the...Read more.
New York State Teachers has committed to provide $148 million of debt for the acquisition of a portion of Amazon.com’s Seattle headquarters.Read more.
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.