GFI Real Estate is in negotiations to refinance debt on its Hotel Seville NoMad property in New York through a $60 million land sale-leaseback transaction and potential bond issuance.
The U.S. hotel sector is facing an uptick in distress, with several high-profile properties in key markets changing hands through foreclosure, deed-in-lieu transfers and other lender-driven actions.
Ashford Hospitality Trust has completed a $218.1 million commercial mortgage-backed securities refinancing of the 674-room Renaissance Nashville Hotel, marking the property's second refinancing in just over a year.
Climate change has become a "chestnut" among journalists. It's a recurring, predictable topic that regularly appears on the airwaves or in newspaper columns. The only difference is perhaps its frequency. Not a day goes by without a climatic episode - storm, heatwave, flood, drought... - making the headlines.
Real-estate investment firm Vastint has announced it is putting a United Kingdom hotel portfolio of Marriott International-branded hotels up for sale, a portfolio it values at £500 million ($672 million), or approximately £151,000 ($203,000) per key.
The new year is always a tense time, but this one promises to be tumultuous. Between calls for the country to freeze on September 10 and Prime Minister François Bayrou's gamble in seeking the confidence of the National Assembly on September 8, France is moving forward like a headless duck in a rapidly changing international context.
Madison Newbond, the institutional lender managed by Madison Realty Capital and Newbond Holdings, provided a $79.3 million loan to MetLife Investment Management and MDM Group for the JW Marriott Marquis Miami in the city’s central business district.
This week’s column examines a New York office tower said to be facing a slowdown in leasing, a lender that’s taken on risk by buying hotel-backed bonds and Ashford Hospitality Trust’s extension of a $580 million loan. Read the entire piece by clicking “read more” below.
According to the Ramify SCPI Index (RSCPI)*, the open-ended SCPI market showed a clear recovery in Q2 2025 after a Q1 marked by a sharp correction. The overall performance of open-ended SCPIs reached +1.11%, the best Q2 performance since the creation of the RSCPI (Q2 2023: -1.95%; Q2 2024: +0.87%).
In the first half of 2025, Norma Capital's SCPIs made a number of acquisitions in France and Europe. NCap Régions (formerly Vendôme Régions), which passed the symbolic milestone of one billion euros in capitalization, was particularly successful. The company signed three contracts in France, including two in the Oise region and one in Nantes.
Cascade Investment, one of the developers behind Water Street Tampa, has refinanced the Asher, one of the three luxury apartment towers that are open in the transformative 56-acre mixed-use development in downtown Tampa, Florida.
What can we learn from Advenis REIM's SCPI activity in the first half of 2025? Acquisitions, including four already for the new SCPI Eden, which, as revealed by Business Immo, was launched in December 2024.