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Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
The $240 million deal consisted of 370 RTLs that financed approximately 527 housing units. Continue Reading Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
Johnny Carson’s One-Time New York Home Listed for $5.3 Million
Carson bought the home in 1959 when he was hosting the game show “Who Do You Trust?
” Continue Reading Johnny Carson’s One-Time New York Home Listed for $5.3 Million
CMBS Delinquency Rate Inches Up to 4.71%
Last month’s uptick was mostly fueled by office sector delinquencies, which spiked by 33 basis points to 6.63%. Continue Reading CMBS Delinquency Rate Inches Up to 4.71%
Jay Olander Joins Capital Square as President and CFO
Olander also serves as chief financial officer and treasurer of Capital Square Apartment REIT Inc. Continue Reading Jay Olander Joins Capital Square as President and CFO
Two Ratings Agencies Slash Credit Grade for NYCB
NYCB’s stock plummeted on Friday by 26%, ending the week at $3.55 – a 65% year-over-year collapse of its stock price. Continue Reading Two Ratings Agencies Slash Credit Grade for NYCB
$37 Million Refinancing Secured for Texas Multifamily Property
The terms of the five-year loan include 6.23% interest only and a spread of 1.68%. Continue Reading $37 Million Refinancing Secured for Texas Multifamily Property
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