The owners of the 3.3-million-sq.-ft. property used the reserves to make a $9.3 million August payment on $290 million of debt.

The decision to replace the previous underwriter was made after the firm was unable to sell the unrated bonds for the indoor water park.

Beginning Monday, swaps desks will switch from Libor to the Secured Overnight Financing Rate when entering into most interdealer trades.

The firm’s three new funds are now closed and have a three-year investment horizon.

The increased capital flowing to the preferred equity space far outweighs the volume of available deals.

With the purchase of mortgage lender Foundation Home Loans, Athene will pick up a $4.2-billion portfolio of mortgages.

Medalist’s investments focus on lending against assets including commercial and residential real estate, accounts receivables, auto equipment, and aircraft and litigation proceeds.

Rates remain low and lenders of all types are bullish on the sector's fundamental strength.

This is the right time for family leaders to consider how well the business responded during the past year and what lessons could be learned.

Demand for new CRE loans has revived as construction picks up, debt matures and low interest rates spur refinancing on favorable terms.