Finance
Executive Spotlight: Alex Cohen, Liberty SBF
Alex Cohen, co-founder & CEO of Philadelphia-based Liberty SBF, applies his good judgment to small-balance loans for commercial assets, including a focus on the limited/select-service hospitality market.
Dominion Mortgage Introduces New M-F Lending Program
Dominion Mortgage Corp. has launched a new multi-family portfolio lending program with a wide variety of products.
Starwood Grabs 840 KSF Office Portfolio in Poland
Starwood Capital Group continues its acquisition activity on behalf of a Starwood distressed opportunity fund.
Harrison Street Buys Seniors Housing Portfolio for $520M
Harrison Street Real Estate Capital has completed its acquisition of seniors housing properties located in the Northeast.
Fitch Reports Early Refinances Up for U.S. CMBS 2.0
The CMBS market is robust, according to the latest report from Fitch Ratings, which notes it continues to see strong take-out activity in CMBS 2.0 collateral.
Camden Redevelops Prime Atlanta Property
Camden Property Trust has transformed a 1970s apartment complex it bought three years ago in the highly sought-after Buckhead neighborhood of Atlanta into a luxury community called Camden Paces.
Shorenstein Gets $170M Loan from MetLife for Manhattan Asset
MetLife Inc. has provided Shorenstein Properties L.L.C. with $170 million in financing for 850 Third Ave., a 21-story, 615,000-square-foot office building on Manhattan’s East Side.
WNC Closes Low-Income Housing Fund
WNC has closed WNC Institutional Tax Credit Fund 39 L.P., a $125 million institutional low-income housing tax credit fund.
CBRE GMM Closes Asia with $236M in Commitments
CBRE Global Multi Manager has completed the final close of the Asia Alpha Plus III Fund.
INTERNATIONAL: Deloitte Puts $1B Price Tag on The Gherkin Building
An overseas buyer is reportedly set to become the new owner of London’s iconic Gherkin Building, which has been put up for sale.