US NEWS – REFI

CMBS rally drives mortgage rates tighter – REFI

By Sondra Campanelli A rally in the commercial mortgage-backed securities market has pushed mortgage rate spreads tighter, according to Cushman & Wakefield’s equity, debt and


Square Mile lends $136m on SoCal multifamily – REFI

Square Mile Capital Management has originated a $136m bridge loan to refinance debt on Jefferson Platinum Triangle, a 400-unit multifamily property

PGIM lends $275m on SF multifamily – REFI

PGIM Real Estate Finance, the commercial mortgage finance business of PGIM Real Estate Finance, has provided two new loans totaling



Goldman, Harbor buy Denver’s Colorado Bank building

A partnership between Goldman Sachs Asset Management Private Real Estate and Harbor Associates has acquired Denver’s Colorado Bank building. “The


Mack funds $85m San Diego hotel bridge loan

Mack Real Estate Credit Strategies has originated an $85m bridge loan for the San Diego Pendry Hotel, a new luxury


Real estate industry `ignoring’ technology, Millenials impact – REFI

The commercial real estate industry is struggling to adapt to the impact of the digital revolution, which is having an


Allegiant funds $165m on Hawaii industrial park refinancing – REFI

In its largest single loan to date, Allegiant Real Estate Capital has funded $165m non-recourse, first mortgage to refinance debt


S&P: Borrowers tear down CMBS maturity wall – REFI

For many commercial mortgage-backed securities pros, the looming threat of a maturity wall meltdown has already largely faded from memory.


CMBS delinquency rate drops for third consecutive month

A receding wave of commercial mortgage-backed securities loan maturities combined with the continued resolution of distressed loans has pushed the


New York poised to become next life sciences hub

New York has the potential to become the next major U.S. life sciences hub, according to a new report from


Morgan Stanley to acquire Los Angeles-based Mesa West

Morgan Stanley Investment Management has agreed to purchase Mesa West Capital, a Los Angeles-based commercial real estate debt fund manager,


Onyx, Garrison acquire NJ office portfolio

Onyx Equities and Garrison Investment Group have acquired a four-property, 847,805-square-foot office portfolio located in Bergen County, N.J., from Mack-Cali


PCCP funds $130m on Minneapolis condo project

PCCP, LLC, a California-based real estate finance and investment management firm, has provided a $130m senior loan to joint venture




CMBS lending market stabilizes

Stable credit spreads and slowing investment sales activity have provided strong tailwinds for the commercial mortgage-backed securities market, Property Investor


Deutsche Bank nabs Big Apple lending crown

Deutsche Bank originated about $2bn in New York commercial real estate loans last quarter, catapulting it to the top spot


Bridge Property launches workforce housing-focused fund

Bridge Property Management is taking a unique approach to the affordable housing sector via its first dedicated workforce housing fund,


Jamestown taps Capital One for $145m floater

Jamestown Properties has tapped Capital One to provide a $145m seven-year, floating-rate loan to refinance debt on 88 Leonard Street, a


Cushman markets Manhattan mixed-use portfolio

Cushman & Wakefield is marketing a 27,968-sq.ft., mixed-use portfolio on the border of Midtown East and the Upper East Side that’s