Industry News
The Helmsley Carlton House is being sold to a partnership between private-equity firm Angelo, Gordon & Co. and Extell Development for about $170 million.
A handful of investors dug to the bottom of the discount bin and snapped up General Growth's convertible bonds at three cents on the dollar. They now trade at 103 cents.
Forty thousand more hotel rooms on the Continent would have Marriott brand names in the next few years under the company's plan.
The New York real-estate investor will buy one of the nation's largest commercial-mortgage-servicing specialists for $100 million in new equity and assuming $180 million of Centerline's debt.
Metric Property Investments hopes to raise £150 million in an IPO on the London Stock Exchange's main market as it seeks to take advantage of the sharp downturn in property values.
Commercial Mortgage Financing
Fairmont Capital is one of the leading commercial mortgage brokers and correspondent bankers in the region. Over time, Fairmont Capital has established lending relationships with the industry’s premier investors including savings banks, commercial banks, conduits/CMBS lenders, life insurance companies and pension funds, government sponsored entities, as well as construction lenders. These investors are based both in the United States and abroad.
Fairmont Capital provides a full range of real estate financing solutions along with specific capital advice and market knowledge to help our clients achieve their goals. These services include:
Fairmont Capital utilizes an experienced team of originators, processors, underwriters and placers to help focus on providing each client with a customized financing solution. We work in conjunction with each client to meet their specific goals and objectives. From small to large loans, Fairmont Capital has delivered results that have earned them the trust of their clients nationwide.