Finance Lending
Carlton Arranges $630M Equity, Debt Recapitalization of Manhattan Retail Complex
July 3, 2008

Carlton Advisory Services announce the $630 million equity and debt recapitalization of the retail condominium at 666 Fifth Avenue in New York City. Carlton arranged a total of $630 million consisting of $325 million in senior mortgage financing, $135 million senior mezzanine financing, and $170 million in equity. The transaction was closed on behalf of The Carlyle Group, Crown Acquisitions, and Kushner Cos.
   

 
Recent Lending Headlines
$20M Financing Deal in Place for Atlantic City Retail Property
Oct. 10, 2008
Financing to the tune of $20 million has closed for English Creek Shopping Center, a 200,000-square-foot retail destination just seven miles from of Atlantic City, N.J. Acting on behalf of the borrower, David Cronheim Mortgage Corp. orchestrated the financing, which came in the form of a 10-year interest-only loan.
HFF Arranges $97M Refi for Industrial Portfolio
Oct. 10, 2008
The Dallas office of Holliday Fenoglio Fowler L.P. has secured $97.5 million in refinancing for a seven-property industrial portfolio comprising 2.2 million square feet in Florida, New Jersey, Oregon and Texas.
Mission West Closes on $115M in Financing
Oct. 09, 2008
Putting up 20 commercial R&D properties totaling approximately 1.6 million square feet as collateral, Mission West Properties Inc. has secured $115 million in financing from entities associated with Hartford Insurance Co.
Central Banks Cut Rates in Defense Against Financial Crisis
Oct. 08, 2008
In a coordinated counterattack on a looming global financial meltdown, central banks in the U.S. and across the world cut their key lending rates today. The Federal Reserve slashed its rate from 2 percent to 1.5 percent, and the Bank of England similarly cut its rate by 50 basis points, to 4.5 percent. Other institutions cutting their rates included the European Central Bank and the central banks of Canada, Sweden, Switzerland and China.
Voice Signatures to Make Waves in Security Arena
Oct. 07, 2008
Voice Commerce Group released a new identification system, using voice signatures. This will be of great benefit to the financial industry worldwide, ensuring more efficient security against fraud and across all platforms. London-based Voice Commerce Group has formed a strategic alliance with publicly traded Burlington, Mass.-based Nuance Communications to support the global roll-out of the system, called Voice Transact.
 

 

Financial Market Update: After the Bell -Friday, Oct. 10
October 10, 2008
By Dees Stribling, Contributing Editor -- Investors usually pay lip service to long-term investing, but in times of crisis the reality is sell - everything - now! Panic was the order of the day on Wall Street, which saw the...

Federal Capital Partners Closes $230M Fund, Will Seek Debt Investments
October 10, 2008
By Gail Kalinoski, Contributing Editor -- Armed with a $230 million private equity fund that could allow up to $900 million in investments, Federal Capital Partners said it would continue to seek deals on value-added assets, but would also move...

HFF Arranges $97M Refi for Industrial Portfolio
October 10, 2008
By Coreen Bailor, Research Editor -- The Dallas office of Holliday Fenoglio Fowler L.P. has secured $97.5 million in refinancing for a seven-property industrial portfolio comprising 2.2 million square feet in Florida, New Jersey, Oregon and Texas. The cluster of...

D.C. Office Market Flat Despite Financial Chaos: Report
October 10, 2008
By Elena Gontar, Staff Writer -- The modest second quarter growth rates experienced in Washington, D.C., and Northern Virginia evaporated in the third quarter, according to a CB Richard Ellis Inc. report. The entire region saw an essentially flat market...

Fed, Central Banks Cut Rates
October 08, 2008
By Tom Dworetzky, News Editor -- The Federal Reserve has cut its key rate from 2 percent to 1.5 percent. The response, an effort to stem mounting losses in the markets around the world, is part of a move that...

Management Matters with Mike Myatt: Are Recruiters Effective?
October 10, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Sourcing tier one talent is an issue for all businesses. I was recently asked if recruiters are effective, or if they're worth the investment. Since my firm has a talent management practice which...

Management Matters with Mike Myatt: Partisan Politics Not Always Bad
October 03, 2008
The truth about partisan politics is that contrary to public opinion, it's not always a bad thing. Likewise, bipartisan efforts don't always reflect altruistic behavior and selfless acts. From my perspective, it isn't necessarily the stance you take, but rather...

Management Matters with Mike Myatt: Facing Up to Rogue CEOs
September 26, 2008
By: Mike Myatt, Chief Strategy Officer, N2growth --Rogue CEOs. Given the recent failures of banks and financial institutions previously thought to be untouchable, there has been a tremendous amount of justifiable venom being spewed at the CEOs of these firms....

When to Consider Corporate Restructuring
September 19, 2008
By Mike Myatt, Chief Strategy Officer, N2growth --Times are tough, and they're likely to get tougher, so my question is this; Should you, or should you not, consider a move toward corporate re-engineering? Whether directly or indirectly, your business will...

Expectation Alignment Key to 'Promise Management'
September 05, 2008
by Mike Myatt, Chief Strategy Officer, N2growth --The art and science behind making commitments and managing expectations has always been a critical skill set for senior executives and entrepreneurs to master. In fact, understanding how to come out on the...