Kennedy Funding Closes $3.633 Million Loan for Naples-Area Mixed-Use Resort
The Port of the Islands financing combines repayment of three loans with renovations and working capital. The full loan amount is not the renovation budget.
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Read refinancing news and analysis, with reporting on commercial property decisions, financing and market developments.
The Port of the Islands financing combines repayment of three loans with renovations and working capital. The full loan amount is not the renovation budget.
Reports of tighter underwriting put NYC rent-stabilized refinancing in focus. FHFA disputes a Freddie Mac lending freeze; owners face property-specific financing terms.
KKR-advised capital accounts provide debt for a recently completed office expansion, following a separate refinancing of the West Campus earlier this year.
The agency loan gives a newly completed downtown apartment tower a financing milestone tied to demonstrated occupancy.
Trepp's October CMBS delinquency rate fell to 7.87%, helped by one big cure. Office, retail and multifamily all rose. What it means for CRE owners.