Kennedy Wilson Reaches B in Real Estate Debt Originations

Kennedy Wilson Reaches $7B in Real Estate Debt Originations

Global real estate investment company Kennedy Wilson said Monday real estate debt investment platform more than doubled in size in the past year and has reached $7 billion in originations with a strong pipeline... Read more »
Miami seeks new debt package to finance affordable housing: Bloomberg

Miami seeks new debt package to finance affordable housing: Bloomberg

The mayor of Miami-Dade County wants to leverage the bond market to create a fund that will finance affordable housing projects, according to a Bloomberg report published Monday.  Mayor Daniella Levine Cava... Read more »
AECOM, Combined Face Debt Crisis at Pendry West Hollywood

AECOM, Combined Face Debt Crisis at Pendry West Hollywood

When AECOM Capital and Combined Properties opened the Pendry West Hollywood — a 149-key hotel with an attached condo project — the project was appraised at nearly $526 million. That was in... Read more »
Kennedy Wilson Reaches B in Real Estate Debt Originations

$25M Permanent Loan Retires West LA Construction Debt

Gantry secured a $25.4-million permanent loan to retire construction financing for the recently completed SW by CLG in Los Angeles. Located at 1947 Sawtelle Blvd. in West LA’s Japantown neighborhood, the four-story,... Read more »
Douglas Emmett Takes Out Construction Debt on Barrington Plaza

Douglas Emmett Takes Out Construction Debt on Barrington Plaza

Douglas Emmett, a publicly listed real estate investment trust that owns office and apartment buildings in Southern California and Hawaii, took out a $550 million loan package backed by a portfolio of... Read more »
LA Apartment Owners Feel Rising Debt Distress

LA Apartment Owners Feel Rising Debt Distress

MacFarlane Partners’ Landon Taylor and GH Palmer Associates’ Geoff Palmer with 427 West 5th Street (MacFarlane Partners, Getty, Google Maps) UPDATED, Feb. 2, 2024, 12:13 p.m.: When MacFarlane Partners finished Park Fifth,... Read more »
Kennedy Wilson Reaches B in Real Estate Debt Originations

Jonathan Firestone Joins Newmark from Eastdil to Co-Head Debt Platform

Newmark Group, Inc. has hired Jonathan Firestone as co-president, Global Debt & Structured Finance. Firestone will run Newmark’s debt platform alongside New York-based Jordan Roeschlaub. Based in Los Angeles, Firestone joins Newmark from Eastdil Secured after... Read more »
Reuben Brothers Win Court Case Over Century Plaza Debt

Reuben Brothers Win Court Case Over Century Plaza Debt

The Reuben brothers have won a court case against a group of EB-5 lenders over the $2.5 billion Century Plaza project, ending nearly two years of legal battles.  A New York appellate... Read more »
Student Debt Holding Back Millennials

Student Debt Holding Back Millennials

A new survey from the National Association of REALTORS® shows that the student loan debt carried by millennials has major implications for the U.S. economy. The typical millennial student loan debt load... Read more »
Kennedy Wilson Reaches B in Real Estate Debt Originations

Rob Rubano to Lead Equity, Debt & Structured Finance at CushWake

Cushman & Wakefield appointed executive vice chair Rob Rubano as head of Equity, Debt & Structured Finance (EDSF) for the Americas. He is based in Los Angeles and reports to Dan Broderick,... Read more »