Developer Strategies

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  • Mezz Lender Overload Drives Floating-Rate Tighter

    May 17, 2012 - Samantha Rowan

    More mezzanine lenders are targeting floating-rate loans, which has led pricing to tighten significantly in recent months.
  • Hines Taps Partner For Trophy Chicago Development

    May 17, 2012

    Hines has joined forces with its long-time partner Ivanhoe Cambridge to develop a 45-story office building in Chicago’s West Loop.
  • Panel: Is Real Estate Still Relevant? Of Course!

    May 17, 2012

    Is real estate still relevant? Peter Palandjian, chief executive officer of Intercontinental Real Estate Corporation, led off an educational session with the rhetorical question, and responded with a quip: “Of course it is. We are the second-oldest industry in the world.”
  • SF Retirement System To Go Longer On Real Estate

    May 17, 2012

    The San Francisco Employees’ Retirement System is bullish on the prospects for the commercial real estate market over the next three years and has just approved a plan for the 2012/2013 fiscal year that will allocate as much as $400 million to non-core managers, according to sister publication Money Management Intelligence.
  • Hines Taps Partner For Trophy Chicago Development

    May 17, 2012 - Samantha Rowan

    Hines has joined forces with its long-time partner Ivanhoe Cambridge to develop a 45-story office building in Chicago’s West Loop.
  • Deutsche Bank, Cantor Launch Conduit At Wide Guidance

    May 17, 2012 - Max Adams

    Deutsche Bank and Cantor Commercial Real Estate have floated price guidance for a $932 million conduit deal that’s about 10 basis points wider than the most recent completed offering.
  • Cresa Opens Baltimore, Salt Lake City Offices

    May 17, 2012

    Cresa, the North American tenant representation specialist, has opened offices in Baltimore and Salt Lake City, the company announced.
  • Heitman Appoints Maki For Debt Role

    May 17, 2012

    Heitman LLC has hired David Maki as senior v.p. in its North American Capital Markets group, the company announced.
  • Auction.com Adds Senior Executive

    May 17, 2012

    Auction.com has hired Andrew Platt as a managing director in its New York-based capital markets team, the company announced.
  • Schulte Roth Hires Dewey Team

    May 17, 2012

    Schulte Roth & Zabel has hired a team of private equity and real estate attorneys from Dewey & LeBoeuf, according to a press release.
  • JPMorgan Readies Single-Borrower Retail Deal

    May 17, 2012 - Max Adams

    JPMorgan is prepping JPMCC 2012-WLDN, an approximately $270 million single-asset securitization of a first mortgage on the Walden Galleria Mall in Cheektowaga, N.Y., near Buffalo.
  • Brookfield Maps Out New CRE Company

    May 16, 2012

    Brookfield is planning to put together a new commercial real estate company that combines its commercial real estate holdings, the Wall Street Journal reports.
  • Boston Properties Decides Against London Buy

    May 16, 2012

    Boston Properties has decided against buying Drapers Gardens, a high-end office building in London, according to the Wall Street Journal.
  • Normandy Taps Morgan Stanley For $140M Loan

    May 16, 2012

    Normandy Real Estate Partners has tapped Morgan Stanley for a $140 million loan on a 10-building portfolio in Northern Virginia and suburban Maryland, the company announced.
  • Capital Trust Exploring Strategic Alternatives

    May 16, 2012

    Capital Trust is considering strategic alternatives, including a possible sale of the company, and has tapped Evercore Partners as its advisor, the company announced.
  • Goldman, Citi Launch Conduit At Wider Guidance

    May 16, 2012 - Max Adams

    Goldman Sachs, Citigroup and Jefferies & Co. have floated price guidance of swaps plus 120-125—wider than recent deals--for the benchmark, AAA-rated bonds of GSMS 2012-GCJ7, a $1.6 billion commercial mortgage-backed securities deal that is also the largest conduit shopped this year.
  • Unusual Collateral Puzzles CMBS Investors

    May 15, 2012 - Max Adams

    Loans on a marina, data center and a student housing complex—non-traditional properties for commercial mortgage-backed securities deals—are part of the collateral pool in an upcoming conduit deal from Deutsche Bank and Cantor Commercial Real Estate.
  • Amherst: Premium Bonds, IOs A Good Hedge Against Loan Mods

    May 15, 2012

    Amherst Securities is advising investors to target fixed-rate, legacy commercial mortgage-backed securities with higher dollar prices and interest-only bonds as a way to safeguard against changes in yield when there are extensions on large, overleveraged loans.
  • Podcast: Fixing The Construction Industry

    May 15, 2012 - Samantha Rowan

    Barry LePatner, founder of New York law firm LePatner & Associates, talks about why the construction industry needs to change the way it works.
  • REITs Outperform Equity Markets

    May 15, 2012

    Real estate investment trusts continued to outperform the broader U.S. equity markets in April, a trend that has been in effect since the start of the year, according to data from NAREIT.
  • Investcorp Snares Debt Commitments

    May 15, 2012

    Investcorp has snared a number of commitments from U.S. and international investors for its U.S. commercial real estate debt strategy, the company announced.
  • Why the Low-Income Housing Tax Credit Program is Necessary

    May 14, 2012

    A key government program that gives Americans the opportunity to live in affordable rental housing may be in for a change when tax reform takes center stage after the upcoming 2012 presidential election.
  • Market Absorbs Maiden Lane Aftershock

    May 14, 2012

    The market’s reaction to the New York Federal Reserve’s second auction of legacy collateralized debt obligations in just two weeks has been more muted than the central bank’s last CDO sale at the end of April, market players say.
  • Chera Family Buys Stake In Olympic Tower

    May 14, 2012

    The Chera family has purchased a 49.9% stake in Olympic Tower in New York, the Wall Street Journal reports.
  • Fitch Sees REO Rise Bringing Down Delinquencies

    May 14, 2012

    A new report from Fitch Ratings predicts that an increase in the number of real estate owned commercial real estate properties being sold will reduce the delinquency rate for commercial mortgage-backed securities.
  • Property Group Partners Sells New York Office

    May 14, 2012

    Property Group Partners has sold 148 Lafayette Street in New York for about $850 per square foot, the company announced.
  • Architect Crits Change To 1 WTC Spire

    May 14, 2012

    David Childs, the primary designer of 1 World Trade Center in New York, is critiquing a plan to change the design of the building’s spire, the Wall Street Journal reports.
  • Vegas Walgreens Goes For Record Price

    May 11, 2012

    A Walgreens pharmacy in Las Vegas has sold for $1,736 a square-foot, the highest price paid for single-tenant leased pharmacy in the U.S., The Las Vegas Review reported.
  • SEC Begins REIT Investigation

    May 11, 2012

    The U.S. Securities and Exchange Commission has launched an investigation of Inland American Real Estate Trust, a non-traded REIT, The Wall Street Journal reported.
  • CRE Firm Hooks $1B Credit Facility

    May 11, 2012

    California-base Realty Income Corp. has entered a $1 billion credit facility, replacing a $425 million line of credit.
More Articles from Developer Strategies

Latest Community

  • May 15, 2012 - Samantha Rowan

    Podcast: Fixing The Construction Industry

    Barry LePatner, founder of New York law firm LePatner & Associates, talks about why the construction industry needs to change the way it works.

  • Small Image

    May 07, 2012 - Samantha Rowan

    REFI TV: Steven Marks, Fitch Ratings

    Steven Marks, a managing director at Fitch Ratings, talks to REFI TV about the the divergence between performance of real estate investment trusts in 24-hour coastal markets, versus inland suburban markets.

  • May 04, 2012 - Samantha Rowan

    Investors Leery Of Taking The Plunge

    Ronald Dickerman, president of New York-based investment manager Madison International Realty, believes many investors are afraid to act given concerns about the U.S. and global economic environment.

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