

Former Hotel at 569 Lexington Avenue Sold for $169M in Midtown East Conversion to Student Housing
Explore the $169 million sale of 569 Lexington Avenue in Midtown East, Manhattan. Bob Knakal played a key role in the successful conversion of this 764-unit hotel into a student housing asset, maximizing value in […]
Commercial Loans

A.J. Filipas, named Vice President of Commercial and Consumer Lending
A.J. Filipas, named Vice President of Commercial and Consumer Lending DOVER, DE (September 6, 2024) — Dover Federal Credit Union (DFCU) is pleased to announce that Mr. A.J. Filipas has joined the Credit Union, […]

Current Business Loan Interest Rates and Financing Options
Interest rates for commercial loans are the fees lenders charge businesses for borrowing money. These rates matter because they impact the overall cost of financing for companies. Currently, interest rates for various commercial loans like […]
Peachtree Group Ranked Among the Largest Commercial Real Estate Investor-Driven Lenders in U.S.
Ranking as a top-10 lender in the hotel sector for a third consecutive year ATLANTA, April 02, 2024–(BUSINESS WIRE)–Peachtree Group (“Peachtree”) ranked as the seventh largest U.S. commercial real estate investor-driver lender by the Mortgage […]
Sponsored
Commercial Price Slump Is One of the Worst Drops in a Half-Century
US commercial real estate prices are enduring one of the sharpest drop-offs in the last half-century, easily topping losses seen in previous rate-hike cycles, the International Monetary Fund said. Since the Federal Reserve’s first interest […]

Huntington, Live Oak to invest in, deploy gen AI-based lending
Live Oak Bank, a Wilmington, North Carolina bank that lends to small businesses, used to turn down requests for loans of less than $350,000, because of the time it took to underwrite them. “We just […]

Kayne Anderson BDC Invests in SG Credit Partners
Kayne Anderson BDC Inc., a business development company externally managed by its investment adviser, KA Credit Advisors LLC, which is an affiliate of Kayne Anderson Capital Advisors LP, announced an investment in SG Credit Partners […]
Interest Rates
-
According to RBI’s statistics, the number of commercial vehicle loans has increased by 18%. It is because every new and existing business is looking to expand. If you also plan to invest in a commercial [...]
Sponsored
FinTech News

Bob Knakal Launches Investment Sales Firm With Artificial Intelligence Focus
Bob Knakal, the high-profile New York City broker who left JLL in February, has launched an investment sales firm of his own with plans to try to leverage artificial intelligence to help sell more […]

Brookfield DTLA towers lead SoCal’s top defaults in 2023
As the Fed hiked rates, commercial real estate borrowers suffered. A wave of borrowers defaulted on loans tied to commercial properties across L.A. and Orange County this year, as they struggled to make mortgage payments […]
3 Mortgage REITs With Yields Up To 21.04%
Mortgage real estate investment trusts (mREITs) are investment vehicles that focus on generating income through mortgage-related assets, such as mortgage-backed securities and mortgage loans. Unlike traditional REITs that invest directly in real estate, mortgage REITs […]

Fintech partnerships are the future of commercial loan syndication platforms
On the face of it, the future is looking rosy for the commercial loan syndication market. But behind the scenes, you’ll find systems and processes that are firmly stuck in the past. And for fintech […]