Hints and tips:
...Some owners are likely to be forced by lenders to dispose of their offices in the coming months as loans mature and they struggle to refinance their debt because of rising rates, analysts add....
...The lenders allege it wired the money to Camshaft Capital last year....
...Expect private equity firms to continue courting direct lenders and cash-rich partners as credit markets remain difficult to access....
...The trust is a corporation owned by DJT Holdings LLC — that is, Donald J Trump. Mr Trump appears to owe the money to himself....
...Mr Trump, who in 2008 was partway through building a 92-storey tower in Chicago, sued his lender Deutsche Bank, arguing that the financial crisis was a force majeure event that should prompt a loan extension...
...Midcap has honoured its commitments to dozens of borrowers, allowing them to draw down on life-saving credit lines, while Athene in mid-March provided a $133m mortgage to fund a developer’s purchase of a tower...
...So, how might Provident Financial shareholders react to John van Kuffeler’s “strong confidence” that his Non-Standard Finance group will win its hostile bid for the doorstep lender?...
...Now that these firms’ lenders can’t wait any longer, so many of the homes that are likely to come online through 2018 and 2019 will be the larger, high-value units,” says Miller....
...The vendor was another limited liability company, Bayrock/Sapir Organization LLC....
...Companies is behind a wide range of property developments in the New York metropolitan area, including the Watchtower building in Brooklyn, a retail condominium on Times Square and a 53-storey luxury rental tower...
...Residents of the glistening 71-storey tower in Manhattan’s Hell’s Kitchen have access to a basketball court, a private art collection and a billiards lounge....
...JC Flowers’ head office in New York is in a Fifth Avenue office tower owned by Anbang. Mr Wu bought Belgian insurer Fidea Assurances from JC Flowers in 2014....
...In 1995, under pressure from his lenders, Mr Trump surrendered control of the Plaza Hotel in New York to investors from Singapore and Saudi Arabia, including Prince Alwaleed Bin Talal Bin Abdulaziz al-Saud...
...The signal from the RadioShack tower has finally died....
...Just ask Wes Edens about mobile phone towers....
...Two years after its opening, Heron Tower has only managed to find tenants for 65 per cent of its leases. The tower’s lobby houses Europe’s biggest private aquarium. Heron declined to comment....
...The sudden surge in deals underscores the extent to which Europe’s lenders and government-controlled bad banks have accelerated disposals....
...The deal, if it goes ahead, would be one of the highest profile examples of a non-bank lender providing debt capital to a UK company....
...While the emirate and its state-linked entities have struggled with around $110bn in debt, Jumeirah’s business, which includes the iconic sail-shaped Burj Al Arab hotel and the landmark Emirates Towers complex...
...On New Year’s eve, the QE2 party – alongside fireworks displays around the world’s tallest tower and the emirate’s self-styled “seven-star” hotel – will attempt to show an emirate that has rediscovered its...
...“Every time Viacom walks out of their offices in Times Square they see our tower. We’re in their face every day,” said Bruce Aust, head of listings at Nasdaq....
...However, there may not finally be an auction for the troubled lender, since any private equity deal would require heavy government assistance....
...The father of the current ruler, for example, built Jebel Ali port and the World Trade Centre office tower in the face of much scepticism from local business....
...In 2005, SpectraSite merged with American Tower in a deal valuing it at $3.8bn including debt....
...Before raising $6bn from domestic sources, Lehman had sought an investment from Korea Development Bank, a South Korean state-controlled lender....
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