Golden Age Group Pty Ltd

WORLD PROPERTY JOURNAL | March 18, 2020

According to the Mortgage Bankers Association's latest Commercial/Multifamily Mortgage Debt Outstanding quarterly report, the level of U.S. commercial and multifamily mortgage debt outstanding at the end of 2019 was $248 billion (7.3 percent) higher than at the end of 2018. MBA's report found that total mortgage debt outstanding in the final three months of 2019 rose by 2.1 percent ($75.0 billion) compared to last year's third quarter, with all four major investor groups increa...

Home and Design

Breakthrough Properties | March 10, 2022

On March 9th, leading global property developer, Breakthrough Properties, launched StudioLabs by Breakthrough. The new solution is an end-to-end lab and office solution that specializes in hyper growth life sciences in company. Breakthrough Properties is also a joint venture by Tishman Speyer and Bellco Capital. It operates Class A life sciences real estate. We have conceived, designed, and programmed StudioLabs as a best-in-class life sciences environment wh...

Florida State Board of Administration | May 05, 2020

Florida State Board of Administration (SBA) is investing $375m (€344.1m) in opportunistic real estate funds. The pension fund told IPE Real Assets that it is committing $225m to the Cerberus Institutional Real Estate Partners V fund and $150m to the Trigate Property Partners IV fund. According to Florida SBA, Cerberus Partners V, which is planning a $2bn fundraise, has now raised $640m of equity. The fund targets investments that can produce gross annual internal rate of return of 17% to 20...

Real Estate Technology

Walker & Dunlop, Inc. | June 15, 2022

Walker & Dunlop, Inc. announced that it arranged $162,400,000 in construction financing for Mandarin Oriental Residences, Fifth Avenue, New York City's first turn-key branded residences available for sale. Located directly on Fifth Avenue at the intersection of East 54th Street in the heart of Manhattan's Plaza District, the property will be managed and operated by Mandarin Oriental, providing owners with access to luxury, five-star hotel services, without the hotel guests. Manhattan...