Latest news
Latest news
Second large office CMBS in quick succession after The Soloviev Group sold a $1.7bn New York office CMBS last week
Funding Circle also placed the mezz notes for its SME loan transaction
9W57 is one of the iconic grade-A office buildings in New York.
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Last week Blackstone securitized Aria Resort in Vegas for $2.7bn in one of the largest hotel deals of the year -
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Analysts predict issuance will rise from $11bn to nearly $20bn
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Originally opened as the Ritz-Carlton Cloister Inn in 1926, the historic luxury hotel is one of the most well-known resorts in South Florida
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Lender has launched investor meetings for its fifth securitization this year
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Deal executed in just under three weeks
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The building is 95% occupied with tenants including Citadel and Microsoft
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Owner has invested $569m since acquisition in late 2015
