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Hudson’s Bay Company restructures $846M CMBS loan
National

Hudson’s Bay Company restructures $846M CMBS loan

Hudson’s Bay Company successfully restructured a massive CMBS loan, reportedly ending an 18-month saga that included accusations of undermining...

Hudson’s Bay Company restructures $846M CMBS loan
Here are Manhattan’s largest real estate loans in August

Here are Manhattan’s largest real estate loans in August

Manhattan’s ten biggest real estate loans in August totaled $3.2 billion — almost triple July’s $1.2 billion. A construction...

Here are Manhattan’s largest real estate loans in August
Photo illustration of the Hyatt Regency hotel in New Orleans (Hyatt, iStock)
National

Hurricane Ida threatens $7B of CMBS

Amid the wreckage that Hurricane Ida wrought when it slammed into the Gulf Coast over the weekend, upwards of $7 billion worth of commercial real estate loans could be affected as the region deals...

Hurricane Ida threatens $7B of CMBS
Digital Bridge’s Marc Ganzi and the Sheraton San Jose Hotel and Four Points by Sheraton Pleasanton (Ganzi by Sonya Revell, Marriott)
National

Digital Bridge, formerly Colony, sells off remaining hotel portfolio

Digital Bridge, the real estate investment trust formerly known as Colony Capital, is finalizing the disposition of the rest...

Digital Bridge, formerly Colony, sells off remaining hotel portfolio
Barry Sterlincht of Starwood Capital Group (Getty, iStock)
National

Starwood bailing on the mall business

Barry Sternlicht’s Starwood Capital Group is moving away from its mall portfolio as values on the properties continue to plunge. The investment firm has been selling off shopping centers at a loss across the...

Starwood bailing on the mall business
One Vanderbilt and Marc Holliday (SL Green, HeartlessMind/Wikimedia)

SL Green closes on $3B One Vanderbilt refi

A group of banks led by Wells Fargo and Goldman Sachs provided the anticipated $3 billion refinancing for SL Green’s One Vanderbilt, Commercial Observer reported. Bank of America, Bank of China, Bank of Montreal,...

SL Green closes on $3B One Vanderbilt refi

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