Business Specialties
HFF Arranges $100M Credit Facility for McMorgan & Co.
Holliday Fenoglio Fowler has helped real estate investment adviser McMorgan & Co. LLC. orchestrate a $100 million credit facility.
Starwood Wraps Up $154.4M Mortgage Securitization
Starwood Property Trust has closed the first four loans of a securitization featuring a principal balance totaling $154.4 million.
Office Space Tightening Amid Greater Economic Concerns
Despite continued economic volatility and sluggish growth, the top tiers of the office market are still drawing significant activity and interest, according to a Jones Lang LaSalle report.
Innkeepers Files Complaint Against Chatham, Cerberus Over $1.1B Deal
Just steps from emerging from Chapter 11, Innkeepers suffered a major blow when a joint venture of Chatham and Cerberus Series terminated a $1.1 billion contract, but Innkeepers plans to fight the hit in court.
HFF Orchestrates $44M for MF Projects in Raleigh, NYC Suburbs
The lending community’s interest in financing development projects is evident, and HFF has just orchestrated $44 million in financing for multi-family projects in Raleigh, N.C., and the suburbs of New York City.
Fitch: CMBS Loans Look Good; Most Will Pay at Maturity
According to Fitch Ratings, the CMBS sector is looking good as maturing loans reach the end of their terms, and more than $17.3 billion are scheduled to do so in 2012.
Hertz Gets $42M Loan in Downtown Cincinnati
Hertz Investment Group took a $42 million loan on The Center at 600 Vine, a 625,765-square-foot, Class A office building in Cincinnati, from U.S. Bank.
$78M in Refis for Beech Street Capital Across Three Deals
It’s been busy over at Beech Street Capital. In the last few days, the multi-family lender has closed three financing deals that total a combined price of $78 million.
Digital Realty Trust Secures $100M Unsecured Credit Facility, Eyes Asia-Pacific
Digital Realty Trust Inc. has big plans in the Asia-Pacific region, and the data-center solutions provider has just made a move in its facilitation of those plans with the closing of a new senior unsecured revolving credit facility valued at $100 million.
Capmark’s $4B Reorganization Plan Gets the Thumbs Up
Capmark Financial Group, which filed for Chapter 11 bankruptcy protection in 2009, is on the way to recovery with a reorganization plan that will deliver $4 billion in cash, stock and new debt to its creditors.