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Biggest U.S. Mall Is Two Months Delinquent on $1.4 Billion Loan

2020-05-21 16:21:00| National Real Estate Investor

The Mall of America missed two months of payments on a $1.4 billion CMBS loan.

Tags: months loan biggest billion

 

Somewhere Over the Rainbow: A Guide to Successful Loan Workouts

2020-05-19 16:26:00| National Real Estate Investor

This is the first of a four-part series from Holland & Knight's Susan J. Booth on loan workouts. Part one examines steps a mortgage lender should take before the workout starts.

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Eastern Union Plans to Play Matchmaker for Distressed Loan Deals

2020-05-18 17:38:00| National Real Estate Investor

NREI spoke with Abe Bergman, co-founder and managing partner of Eastern Union, to learn more about the initiative and the distress the firm expects to emerge among CRE lenders.

Tags: play plans deals union

 

California Resources Reportedly Seeking Up to $600 Million Bankruptcy Loan

2020-05-14 16:30:00| OGI

California's biggest oil producer has been seeking a bankruptcy loan of $500 million to $600 million, though the talks are still fluid and the amount could change, the report said.

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Saudi Aramco Closes $10 Billion Loan

2020-05-12 20:30:00| OGI

Saudi Aramco officially requested a one-year term loan to be used for general corporate purposes, but bankers expect at least some of it to be used to back the borrower's acquisition of a 70% stake in SABIC.

Tags: loan billion saudi closes

 

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