Deutsche Bank
What to Expect From Deutsche Bank’s Reorganization
As an overhaul gets under way at the financial services giant, capital markets insiders size up what’s ahead for the company’s commercial real estate lending.
Cresa Expands NYC Team
Nicholas Markel brings more than a decade of experience to his new position, having previously worked at Vesta Real Estate Advisors, Deutsche Bank and Cushman & Wakefield.
Berkadia Finances Cleveland US Bank Center
The $33.2 million loan features a 10-year fixed rate and a 67 percent loan-to-value ratio and was secured on behalf of The Wolstein Group.
Carlyle Group, Explorer Investments Acquire Portuguese Resort
The joint venture purchased the 194-key Penha Longa Hotel & Golf Resort in Sintra, Portugal. A CBRE team advised the buyers in the transaction.
Samitaur Constructs Obtains $232M for Creative Office Portfolio
Square Mile Capital Management LLC and Deutsche Bank originated the financing for the company’s 319,000-square-foot collection of assets in Culver City, Calif.
Rudin Management Names New CIO
Neil Gupta took up the executive role after working with the company for more than six years. He will now oversee investments, acquisitions and financial activities for the firm’s New York City portfolio.
Atlanta Retail Asset Trades for $12M
GDC Properties sold a Walgreens-anchored 45,279-square-foot shopping center in the city’s Cascade corridor. A private investor purchased the asset using a Deutsche Bank loan.
RREEF Property Trust Appoints New President, CEO
In her new position, Julianna Ingersoll will report to the board of directors and assume responsibility for the overall leadership, strategic direction and investment performance.
Allianz Taps Loan, Asset Management Head
Peggy DaSilva, who brings more than 30 years of industry experience to the firm, will oversee the loan and asset management group for the Americas region.
Thor Equities Enters Philadelphia Market
The firm acquired 907 Market St., a 214,000-square-foot asset, part of the much larger Market East, which includes the Lits Brothers Building, East Market and Fashion District Philadelphia.