Ascena Retail Group Brands Tied to $1.7B in CMBS Loans
During its third-quarter 2017 earnings call on June 8, Ascena Retail Group announced it would undertake a fleet optimization program encompassing about 667 stores....
Another Rate Bump, Another Wait-and-See Moment for CRE
On June 14, the FOMC voted to raise the target range for the federal funds rate to 1% to 1.25%. Board member Neel Kashkari...
CRE Loans Still a Bright Spot for Insurance Companies
WASHINGTON, D.C.—Insurance companies have increased their commercial mortgage allocations while maintaining a record of comparatively low net losses. That’s among the headline findings of...
Barclays Provides $430M in Debt Financing on Park Avenue South Building
225-233 Park Ave. South recently underwent a $135-million capital improvement program. Photo Credit: NeoscapeNEW YORK CITY—Orda Management Corp. has closed on $430 million...
CRE Retail Lenders Right-size in 2017
Stories about the retail downturn are everywhere. More than 3,000 stores have declared bankruptcy in 2017, and the year isn’t even half over. There’s...
