The fund offers fixed and floating-rate senior, mezzanine and preferred-equity loans at rates of about 8 percent to 12 percent depending on the type of debt, according to Richard Litton, president of HGI.
Any deal would require negotiations with the National Association of Realtors. Move’s Realtor.com operates under an agreement and trademark license with the group. The Realtors’ group is using the potential transaction to demand terms that would...
Propmodo draws attention to growing withdrawal requests from open-end diversified core equity funds. Dollar General to start operating mobile health clinics, reports Chain Store Age. These are among today’s must reads from around the commercial...
Roughly 70 CLO equity investors attended a call hosted by Eagle Point Credit Management earlier this month where participants discussed pushing CLO managers to advocate harder for their economic interests, multiple firms that attended the meeting...
Remote staff are saving the most time in China, where forgoing the trek to and from one’s workplace is freeing up 102 minutes a day, according to the study published this month by the National Bureau of Economic Research. Serbian workers saw the...
CMBS conduit deals realized about $130 million in losses during the last month of 2022, reports Commercial Observer. Extended-stay hotels continue to be a good investment play, according to GlobeSt.com. These are among today’s must reads from...
The problem is that these elaborate venues require expensive upfront investments and, like any new concept, can be risky.
The reality check will start to hit in the coming weeks as lenders across Europe get results of year-end appraisals.
Distress levels in European real estate are at the highest in a decade, in part because of a decline in liquidity.