This gallery contains 1 photo.
Commerzbank has selected four joint venture consortiums to progress through to the second round of the sales process of the Spanish commercial property lending platform, codenamed Project Octopus, from its formerly-named Eurohypo subsidiary. CoStar News understands that the following four consortiums through to … Continue reading
This gallery contains 1 photo.
Lazards is poring over a raft of first round single and joint venture bids for Project Octopus, the codename for Commerzbank’s sale of its legacy €4.4bn Eurohypo Spanish commercial property lending business. CoStar News has learned that five joint venture … Continue reading
This gallery contains 1 photo.
JPMorgan has emerged as the original majority provider of the £288m five-year senior loan which refinanced the Heron Tower in the City of London, CoStar News has learned. Starwood Property Trust, the US mortgage REIT, provided a £270m five-year loan … Continue reading
This gallery contains 1 photo.
GE Capital Real Estate has won the race to buy Deutsche Postbank’s circa £1.3bn pool of UK performing commercial property loans, in a deal which accelerates the ambitions of the General Electric subsidiary to rebuild a senior commercial mortgage lending … Continue reading
This gallery contains 1 photo.
Ares Real Estate Group, the international real estate equity and debt investor, has emerged as the third finalist vying to acquire Deutsche Postbank’s circa €1.9bn predominantly UK commercial real estate loan book, codenamed Project Tower, CoStar News understands. CoStar News revealed … Continue reading
This gallery contains 1 photo.
Citigroup and JPMorgan are the two finalists vying to acquire Deutsche Postbank’s circa €1.9bn predominantly UK commercial real estate loan book, codenamed Project Tower, in the second giant performing property loan book trade of the year, CoStar News understands. The … Continue reading
This gallery contains 2 photos.
Deutsche Annington has confirmed it is to drawdown €2.3bn of the bridge loan with JPMorgan and Morgan Stanley, as well as the already lined up €940m from fresh consortium of pfanbriefbank and insurance lenders, to repay the entire outstanding €3.2bn … Continue reading
British Land has secured a £290m five-year revolving credit facility (RCF) from a consortium of seven international banks, as part of a wider debt raising strategy which has seen the UK’s second largest REIT raise as much as £2.8bn over … Continue reading
This gallery contains 2 photos.
Commerzbank is targeting an end of the second quarter closing for the sale of the £4bn UK Eurohypo commercial property loan book to Wells Fargo and Lone Star, accelerating the permanent senior debt lending retreat of Germany’s second largest bank. … Continue reading
CoStar Finance 