Glen Fest

The 52-story structure designed by postmodern architect Philip Johnson is backing a portion of a loan to Beacon Capital Partners for a cash-out refinancing of existing debt.

Along with an Aaa from Moody's, Nelnet's latest FFELP securitization received an infrequent AAA rating from S&P after providing additional cushion against collateral losses for the senior-most notes.

Blackstone Real Estate Partners is planning a $1.7 billion bond sale secured by a commercial mortgage loan that financed its newly acquired controlling interests in Great Wolf Lodge waterpark entertainment resort properties.

REIT Paramount Group is getting a $140M equity pay-out in a debt refinancing for the noted Broadway Theater district office tower, home to the Gershwin Theater and several prominent tenants.

First Eagle, with $99 billion AUM, will expand its presence in structured finance-based direct lending to middle-market firms through the acquisition by uniting the two firms’ credit-business platforms, according to a release.

The percentage decline is attributed mostly to an $8 billion October surge of new commercial-mortgage securitization activity, rather than improving performance of legacy assets.

The Jersey Mike’s quick-serve sandwich franchise is turning to whole-business securitization to refinance debt, fund expansion efforts and provide a dividend to the owners.

Moody's and Kroll have lower loss expectations for the online platform's next $380M securitization.

ACAM 2019-FL1 is a $400.27 million portfolio of commercial mortgage assets, consisting of whole loans as well as senior pari-passu participations in real estate loans or notes from 21 obligors.

According to presale reports, Ohana Real Estate Investors is sponsoring a $370 million bond sale backed by an interest-only, floating-rate loan financing its purchase of the Monarch Beach Resort in Dana Point, Calif.