Regions International
Credit Suisse Sells $1B Property Loans to GE
July 1, 2008
GE Real Estate bought a $1 billion portfolio of 10 loans from Credit Suisse,
Reuters reported. The properties are located in Germany, Switzerland, Spain and Britain.
Recent International Headlines
Chartwell to Buy Out Seniors Housing JV
Sept. 05, 2008
Residences Melior, an affiliate of Groupe Melior, of Montreal, has exercised its right under a joint venture agreement with Chartwell Seniors Housing REIT to sell to Chartwell the remaining 50 percent interest owned by Melior in seven assisted-living properties in the Province of Quebec.
European ProLogis Fund Secures $383M Refi
Sept. 05, 2008
ProLogis European Properties Fund II, a private equity fund established by Denver-based distribution facilities provider ProLogis, has attained a five-year secured term loan facility valued at €264 million, or approximately $383 million, for the purpose of refinancing 34 properties in Central Europe.
Inmobiliaria Colonial Nears Debt Restructuring
Sept. 04, 2008
Inmobiliaria Colonial SA of Barcelona is reportedly close to finalizing a $12.9 million deal with its various creditors that could include the sale of some assets and a future infusion of cash from shareholders.
U.S. Private Equity Firms Seek Bargains in Japanese REIT Market
Sept. 02, 2008
Japanese REITs, which have lost more than 50 percent of their value on the Tokyo Stock Exchange since their peak last year, are increasingly attracting the attention of U.S.-based private equity firms like Oaktree Capital Management, which has launched the first tender offer for a REIT in Japan.