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Arco Capital aims for third time lucky on CMBS Sofia loan extension
Arco Capital Corporation, the real estate and structured finance investment company, is attempting to secure an loan extension at the third attempt on the €76m debt secured by Bulgaria’s €97m-valued...
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Capital & Regional and AREA Property miss LTV hurdle on securitised German...
Capital & Regional and AREA have failed to meet an LTV covenant hurdle set as part of a restructuring agreement to guarantee the second 12-month extension on the €158m debt securing 22 of its circa...
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Starwood Capital buys LNR Property for $1bn
Starwood Capital Group has acquired LNR Property for more than $1bn, in a strategic acquisition which will strengthen the private equity firm’s position to buy distressed real estate debt on both sides...
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D-day looms for Lone Star’s efforts to oust Hatfield Philips on Windermere XIV
Lone Star’s efforts to oust Hatfield Philips as the master servicer on all the loans in the pan-European Lehman Brothers CMBS, Windermere XIV, will be determined this Friday, in a battle for control...
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Lone Star loses re-vote to unseat Hatfield on Windermere XIV
Lone Star has lost the re-vote to unseat Hatfield Philips on the loan servicing mandate for the pan-European Windermere XIV CMBS, thought to be driven by a single bondholder changing its position on...
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Clarence Dixon ponders four MD roles after Hatfield resignation
Clarence Dixon is set to leave Hatfield Philips as soon as next week after more than four years as managing director of the Europe’s largest commercial property loan servicer. Hatfield Philips’ staff...
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Hatfield appoints FRP as receivers over Redefine’s £125m GIP portfolio
Hatfield Philips has appointed Geoff Rowley and Philip Watkins at FRP Advisors as fixed charge receivers over Redefine International’s 38-strong government-tenanted UK regional portfolio valued at...
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