Durst refinances two Midtown buildings with $1.1B CMBS loan
The Durst Organization has secured $1.1 billion in debt to refinance office properties at 1133 Sixth Avenue and 114...
refinancing
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National
Macerich taps PJT Partners for assistance
As Macerich battles liquidity issues, the mall owner has tapped an investment bank for assistance managing its debt. PJT Partners, whose specialties include debt restructuring, will advise on options for a $1.5 billion revolving...
National
TRD Tips: Citizens Bank’s Ace Watanasuparp on mortgages during Covid-19
Mortgage interest rates may be on the rise again, but for the past year, they were trending downward, with...
All Year nears $650M financing for Bushwick luxury rentals
UPDATED, Oct. 29 2020, 3:25 p.m.: All Year Management is closing in on a major financing deal for a...
National Insights
Older Americans increasingly saddled with housing debt
The share of older Americans with housing debt has doubled over the last 20 years, rising from 15.3 percent...
National
Calamity and Kabbage: Accountants riff on PPP madness
Wrapping their arms around the Paycheck Protection Program has been a mind-boggling experience for Mark Bosswick and Elliot Levine,...
National
“If you’re not making $1M this year as a loan officer, you’re grossly incompetent:” Mortgage lenders sense a new gold rush
Trust mortgage lenders to see opportunity in a global epidemic. A drop in interest rates following the coronavirus outbreak is hastening a hiring spree...
Vanbarton Group scores $240M Blackstone refi for 980 6th Avenue
UPDATED, Thursday, March 6, 2020, 3:17 pm: Vanbarton Group has secured a $240 million refinancing from Blackstone for its...
Brookfield scores $479M refi on Manhattan West resi tower
Brookfield Property Partners and the Qatar Investment Authority refinanced their Manhattan West residential tower, the Eugene. Bank of China...
Clarion Partners group lands $372M refi on FiDI tower
Clarion Partners and MHP Real Estate Services landed a $372 million loan package on an office building in the...