Finance
Park Hotels & Resorts Revamps Credit Facilities
The giant hotel REIT has bolstered its financial situation, in part through extended maturities on its $1 billion line of credit.
Midtown Manhattan Office Tower Lands $400M Refi
A George Comfort & Sons joint venture owns the 960,000-square-foot Times Square South property.
Q&A: Can Data Help Lenders Recover Faster?
Ocrolus Co-Founder John Guerci discusses how fintech could enhance the debt market post-COVID-19 and how lenders could better navigate these complicated times.
New Jersey Storage Project Receives $16M Construction Loan
ORIX USA Corp. originated the financing for the development of a three-story, 130,000-square-foot facility.
Los Angeles Office Complex Lands $550M Loan
The deal marks one of the first big CMBS transactions since the COVID-19 crisis stalled most of the financial markets.
COVID-19 Shakeup Reaches Neiman Marcus, Lord & Taylor
One leading retailer has filed for Chapter 11 bankruptcy protection, and the other is planning an inventory liquidation once stores reopen.
Tomorrow’s Jobs Report Will Be Bad. What’s Next for CRE?
Top experts from CBRE, Moody’s Analytics, MBA and NAREIT reveal their key takeaways as real estate unpacks the unfolding crisis.
Nashville Commercial Real Estate Wrap-Up – April 2020
Office high-rise project lands $141 million loan. Vacant downtown building slated for hotel conversion. Catch up with our April selection of Nashville must-reads.
Why Lenders Are Taking a Step Back: Q&A
Money360 President Gary Bechtel on how the lending community is adapting to uncertainty and what to expect in the short and medium terms.
CIM Group Launches New Fund
The new closed-end interval fund will pursue both real estate/infrastructure and commercial real estate credit investments.