Oxane Partners Expands Into Loan Servicing Market; Secures Ranking from DBRS Morningstar

Business Wire | January 23, 2020

Oxane Partners (“Oxane”), a leading technology-driven solutions provider to the real estate industry, announced today that it has secured MOR CS3 ranking from DBRS Morningstar as a commercial mortgage servicer. The ranking report highlights Oxane’s technology platform, Oxane CREST, as the core strength providing robust functionality, process efficiencies, and scalability. Capitalising on its technology platform and an experienced servicing team, Oxane aims to digitally transform the real estate lending space by enabling lenders to be in complete control over their data. Oxane Partners was founded by former real estate and structured finance professionals from Deutsche Bank six years ago and has grown to a team of 100+ comprising financial analysts, software developers and loan servicing professionals. Over the years, Oxane has developed a suite of technology platforms covering real estate, loan portfolios and complex structured finance transactions and hosts more than €35 billion notional across 15 geographies globally helping clients better manage their investments.

Spotlight

Historically, real estate has provided stable, long term income returns that comprise a significant portion of total return [e.g., the NCREIF Property Index (“NPI”) income return comprises more than 80% of the total NPI return since inception]. Significant income return increases the transparency and decreases the volatility of total return. Of note, real estate income returns compare favorably to those generated by public equity and debt vehicles.

Spotlight

Historically, real estate has provided stable, long term income returns that comprise a significant portion of total return [e.g., the NCREIF Property Index (“NPI”) income return comprises more than 80% of the total NPI return since inception]. Significant income return increases the transparency and decreases the volatility of total return. Of note, real estate income returns compare favorably to those generated by public equity and debt vehicles.

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LMC Announces Start of Preleasing at Odin Apartments

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Ryan Serhant Launches Multidimensional Real Estate Brokerage Designed for a New World

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REAL ESTATE INVESTMENT

JLL Income Property Trust Acquires Duke Medical Plaza

JLL | February 07, 2022

JLL Income Property Trust, an institutionally managed daily NAV REIT (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX) with more than $5.9 billion in portfolio assets today announced the acquisition of Duke Medical Plaza, a nearly 60,000-square-foot, world-class, medical office building in Durham, North Carolina. The purchase price was approximately $37 million. Occupying more than 86 percent of the property, Duke University Health System, an affiliate of Duke University, is the anchor tenant of the four-story property. The health system recently agreed to a lease extension and expansion that will increase the property's occupancy to 96 percent with a weighted average lease term of more than nine years. Duke Health, the umbrella organization for the broad activities of the Duke University healthcare affiliates that occupy the property, is the state's dominant academic healthcare provider, with 31 percent of local market share, and is ranked as the best hospital in North Carolina. We're thrilled to add Duke Medical Plaza to our growing healthcare portfolio, as we continue to make healthcare-focused properties our priority focus within the office sector, This well-located property, occupied by a world class tenant, fits squarely into our strategy of acquiring medical office buildings with these traits. This acquisition further diversifies our portfolio across our targeted property sectors that align with our Research & Strategy team's recommended overweights." JLL Income Property Trust President and CEO Allan Swaringen. Constructed in 2010, Duke Medical Plaza is strategically located at the intersection of Interstate 40 and US 15-501 in the sought-after Research Triangle submarket, making it a close drive to large health systems including Duke Health and UNC Health in both Chapel Hill and Durham, respectively. This location provides easy access for patients and access to a highly educated workforce. Additionally, the property is in the middle of a large mixed-use center that includes a hotel and three forthcoming apartment communities. This acquisition increases JLL Income Property Trust's healthcare allocation to 15 properties totaling more than 1.1 million square feet, valued in excess of $450 million and representing approximately 8 percent of its overall portfolio JLL Income Property Trust is an institutionally managed, daily NAV REIT that brings to investors a growing portfolio of commercial real estate investments selected by an institutional investment management team and sponsored by one of the world's leading real estate services firms. About Jones Lang LaSalle Income Property Trust, Inc. (NASDAQ: ZIPTAX; ZIPTMX; ZIPIAX; ZIPIMX), Jones Lang LaSalle Income Property Trust, Inc. is a daily NAV REIT that owns and manages a diversified portfolio of high quality, income-producing residential, industrial, office and grocery-anchored retail properties located in the United States. JLL Income Property Trust expects to further diversify its real estate portfolio over time, including on a global basis. About LaSalle Investment Management LaSalle Investment Management is one of the world's leading real estate investment managers. On a global basis, LaSalle manages approximately $76 billion of assets in private and public real estate property and debt investments as of Q3 2021. LaSalle's diverse client base includes public and private pension funds, insurance companies, governments, corporations, endowments and private individuals from across the globe. LaSalle sponsors a complete range of investment vehicles including separate accounts, open- and closed-end funds, public securities and entity-level investments.

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