Franchise Loan: significant pressure for the economy in South Africa
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Franchise Loan: significant pressure for the economy in South Africa

South Africa’s economy is under significant pressure and, for a number of reasons, there is little promise that this will change in the near future. In May this year, the International Monetary Fund (IMF) predicted only 1% growth in 2017, up 0.2 percentage points from their previous prediction of 0.8%. regardless the economic challenges that...

Posted by September 24, 2017September 24, 2017
Commercial Real Estate is slowing in New York City
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Commercial Real Estate is slowing in New York City

Take a look at loan originations for commercial real estate properties in New York City in the second quarter and you’ll find something unusual: The quarter’s biggest loans aren’t just big, they’re astronomically big. And the size of those loans appears to be masking what would otherwise look like a decline in NYC loan origination...

Posted by September 24, 2017September 24, 2017
Colorado’s new Pace Program and how it effects Mezzanine Loans
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Colorado’s new Pace Program and how it effects Mezzanine Loans

Commercial real estate capital stacks have become more complex in recent decades, allowing project sponsors and investors alike to fine-tune the level of risk they are tolerating, and get projects done that may not have been financeable in the past. One newer program, known as Property Assessed Clean Energy financing, is poised to seize a...

Posted by September 22, 2017September 22, 2017
Corporate loan: Kinross Gold Corp Issues a 500mm loan
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Corporate loan: Kinross Gold Corp Issues a 500mm loan

Kinross Gold Corp. ( KGC ) informed the market through a news release published on its Web site June 28 that it is going to issue a $500 million corporate loan made of 4.50% interest-bearing unsecured senior notes with maturity in 2027. The closing of the company’s notes offering is scheduled by Kinross Gold for...

Posted by August 17, 2017August 30, 2017
Commercial Real Estate In New York, Chicago and Boston
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Commercial Real Estate In New York, Chicago and Boston

A luxury apartment complex in Boston’s upscale South End neighborhood. Amazon’s midtown Manhattan headquarters and distribution center across from the Empire State Building. A thirty story class A office tower at 123 North Wacker Dr. in Chicago’s West Loop. What these commercial properties have in common is that all were financed within the past two...

Posted by August 17, 2017August 17, 2017
Commercial Loan: New York City top ten projects
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Commercial Loan: New York City top ten projects

7) Clickbait real estate – $235 million Home to Facebook and BuzzFeed, Orda Management’s 225 and 235 Park Avenue South was recently refinanced by Barclays for $430 million. Newmark Knight Frank’s Jordan Roeschlaub and a team represented Barclay’s on the deal. 8) Refinance harvest – $230 million French bank Credit Agricole, also referred to as...

Posted by August 17, 2017August 17, 2017
Commercial Lender: Practical tips for borrowers looking for a loan in 2017
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Commercial Lender: Practical tips for borrowers looking for a loan in 2017

Most commercial lender are terrified of commercial loans right now. Below are practical tips on finding the right commercial lender at a time when most commercial lenders would have have a root canal than actually fund a commercial loan. Commercial Lending Tightest it’s been in 25 Years Commercial real estate has already tumbled by 40%....

Posted by July 25, 2017July 28, 2017
Business loans have fallen after several years of growth.
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Business loans have fallen after several years of growth.

Business loans have flattened out after several years of growth. Is this is bad sign for the economy, or just normal fluctuation? Nobody should be worried by this being a sign of forthcoming recession, but I am concerned that it may mean greater bank tightening of credit terms. The chart shows what bankers call “commercial...

Posted by July 24, 2017July 29, 2017