Chinese Developer Sells £1B London Project At Big Discount As Loan Default Looms
CC Land is paying R&F only a nominal amount for a development that has £965M of debt and was valued at £1B.
CC Land is paying R&F only a nominal amount for a development that has £965M of debt and was valued at £1B.
With a €500M potential sale of the Tifco Hotel Group, Dublin's hotel market has reignited in the final quarter of 2023.
The hospital REIT is giving back Massachusetts hospitals run by bankrupt Steward Health Care, which contributed to the big Q2 loss it reported Thursday.
The biggest leases, sales and financing deals this week in New York City.
Healey will also seize control of St. Elizabeth's Medical Center in Brighton under eminent domain proceedings.
After a year of 10% rental growth, student accommodation investment in the UK is getting harder.
Terra lands two loans totaling $291M for its Centro City mixed-use development project, plus the other top transactions of the week in South Florida CRE.
Developers seek billion-dollar loans to finance data center construction, which few lenders can afford to provide.
The agreement to acquire London-based Yondr, expected to close early next year, is the latest in a string of major data center deals.
The impairments include a working capital loan and other loans the REIT provided to bankrupt hospital operator Steward Health Care.
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