SL Green snags $1.25B construction loan for One Madison Avenue
SL Green Realty landed a $1.25 billion construction loan for its One Madison Avenue office redevelopment, the largest office...
Real Estate Finance
In order for buyers to buy, sellers to sell, and developers to keep developing, the real estate industry requires financing that comes from a variety of places.
Real Estate Finance Q&A
How is real estate financed?
Whether it is a small residential purchase or a huge new commercial development, people buying real estate may use loans to finance their projects. These can come from private banks, government loans, individual lenders, REITs, investors, and more. These loans often take the form of mortgages secured by liens on a property. Real estate brokerages and other firms require financing as any corporation does. Real estate is also tied into the financial industry itself, as real estate is often used as an investment and can be part of individual or corporate assets.
Who finances real estate?
Many international and US banks finance real estate via mortgages and other types of loans. Individuals can also invest in real estate. Companies may form real estate investment trusts (REITS), and it is possible for individuals to buy stock in these commercial real estate portfolios. Development firms also often receive loans from banks and other investors in order to complete their projects.
Who uses financing for real estate?
Both individuals and large corporations may require loans and other types of financing to purchase and develop real estate. As with any major industry, financing of many types is required.
Real Estate Finance Top Stories
August 15, 2019—A Chelsea apartment building owner is suing Maverick Real Estate Partners for demanding payments it’s allegedly not entitled to.
The Latest
Manhattan’s top real estate loans post second best month since March
The 10 largest Manhattan loans recorded in October totaled $1.83 billion, a 45 percent drop from September’s all-year high...
National
WATCH: “It’s going to take longer, and it’s going to cost more”: Craig Solomon on the real estate capital stack
Craig Solomon is one of the most active lenders and investors in a market that’s rife with uncertainty. His firm, Square Mile Capital, has...
National
OneTitle set out to change the title industry. Now it’s out of business
In 2014, OneTitle launched with an audacious goal: eliminate agents and offer title insurance for much less. Six years...
Thor delinquent on $105M loan at 597 Fifth
Joseph Sitt’s Thor Equities has missed two months of payments on a loan tied to the Charles Scribner’s Sons Building in Midtown, the latest in a series of setbacks for the prolific retail real...
National
Core real estate funds delay investors from cashing out
Pension fund investors are seeking to take cash out of real estate funds as property values fall, putting managers...
Mortgage lenders tighten screws on NYC home buyers
This spring, Kevin Brunnock considered himself one of the city’s lucky brokers. He was working with a client who...
Portrait of a deal junkie: The Joseph Tabak story
Some real estate players are known for what they build, others for what they own. Then there’s Joseph Tabak,...
National
Deutsche Bank’s CRE head moves to Oak Hill Advisors
Matt Borstein, Deutsche Bank’s global head of commercial real estate, is moving on to become a partner at the...
National
Bank OZK’s lending up in third quarter
New York’s commercial real estate market has been pummeled by the pandemic, but one of its biggest condo construction lenders reported almost no write-downs in the third quarter. On its earnings call Friday, Arkansas-based...