Content about Mortgage

October 3, 2013

For mid-size retail companies — those with anywhere from $10 million to $1 billion in revenue — the combination of today’s steady growth and affordable capital is rare indeed. There is also ample liquidity as traditional middle-market lenders are being joined by institutional investors with deep pockets and a strong desire to participate in these loans. What’s more, new products are available that give borrowers more flexibility. In short, it’s a near ideal environment for midsize company borrowers.

August 27, 2012

By Jim Hogan, GE Capital

By Jim Hogan, james.hogan@ge.com

The retail industry is a bellwether for U.S financial health given that consumer spending is roughly 60%-70% of the economy. While the economy has sent mixed signals of late -- consumer confidence down, unemployment up -- consumer credit has swung up decidedly and leading companies in a wide swath of retail segments can point to positive year-over-year same store sales. This is prompting some retailers -- particularly discount stores--to begin opening new stores.

August 23, 2012

By James H. Donell, CPM CCIM

By James H. Donell, CPM  CCIM, James.Donell@FedReceiver.com

When a commercial real estate property goes into foreclosure, the effects can be damaging for all parties involved – not only for the owner of the property who has defaulted, but also the lender and any additional creditors who may have a lien on the property.

July 12, 2012

The Pantry said that it is pursuing debt refinancing consisting of up to $480 million of senior secured credit facilities and $250 million aggregate principal amount of senior notes.

Cary, N.C. -- The Pantry said Thursday that it is pursuing debt refinancing consisting of up to $480 million of senior secured credit facilities and $250 million aggregate principal amount of senior notes.

January 4, 2011

On the heels of Monday’s announcement that Borders Group is delaying payments to some of its vendors, the bookseller said Tuesday that two senior-level executives have departed.

New York City -- On the heels of Monday’s announcement that Borders Group is delaying payments to some of its vendors, the bookseller said Tuesday that two senior-level executives have departed.

Thomas Carney, general counsel, and D. Scott Laverty, chief information officer, both resigned from their posts Monday evening.

The news was disclosed in a Securities and Exchange Commission filing Monday. Borders told the Wall Street Journal that the departures were part of its previously disclosed efforts to improve liquidity.

January 4, 2011

A report released Tuesday by NAI Global said that real estate conditions worldwide had stabilized and were beginning to improve.

Princeton, N.J. -- A report released Tuesday by NAI Global said that real estate conditions worldwide had stabilized and were beginning to improve.

According to NAI Global’s 25th annual Global Market Report, after a prolonged, challenging period marked by frozen credit, sidelined investors, stalled development, rising vacancy rates and declining rental rates and property values, modest improvement is expected in just about every market sector and geography in 2011.

October 11, 2010

What is an SNDA?
Tenants who become tired when reading complex and lengthy leases may be tempted to skip over a paragraph at the end of the document that starts with the words “Subordination, Non-disturbance, and Attornment” (SNDA).  However, the SNDA language has taken on new importance in this economic environment in which it is no longer shocking to learn that a commercial landlord has walked away from the mortgage on his major office building. 

August 1, 2010

Centro Properties Group reported that it will extend and refinance $2.7 billion of loans in...

June 29, 2010

Jones Apparel Group said Tuesday it has renegotiated the terms of its $650 million senior...

October 25, 2009

Commercial real estate lender Capmark Financial Group has filed for bankruptcy protection amid mounting bad...

October 18, 2009

Rite Aid Corp. said Monday it has moved closer to refinancing the rest of its...

December 22, 2008

Destination Maternity Corp. has prepaid $10 million of its senior-secured term loan due March 2013...

December 11, 2008

Struggling mall owner General Growth Properties Inc. said it is still trying to negotiate an...

June 19, 2008

Mothers Work announced that it has prepaid $8 million of its senior secured Term Loan...

August 30, 2007

Maybe it’s not a full-fledged financial draught, but capital markets that were flush with liquidity...

March 13, 2007

Atlanta, The chairman...