ATLANTA – Trimont, the leading global commercial real estate loan services provider, is pleased to announce the successful closing of its acquisition of Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business today. This transaction firmly establishes Trimont as the largest servicer of CRE securitized debt in the United States.
Archive: Announcements
Värde Lends €225 Million for European Hotel Portfolio Refinancing
LONDON – Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced that an affiliate of Värde has provided a €225 million loan to refinance Banco Santander’s investment in a portfolio of luxury hotels owned by a joint venture between Santander and Meliá Hotels International.
Värde Closes €112 Million Loan for New Brussels Office and Hotel Property
LONDON – Värde Partners, a leading global investment firm specializing in credit and credit-related assets, today announced that an affiliate of Värde has provided a €112 million loan to refinance The Wings, a newly developed office and hotel property in Brussels, Belgium.
Värde Acquires Unity Investment Management to Manage $800+ Million Healthcare Real Estate Portfolio
NEW YORK – Värde Partners, a leading global alternative investment firm specializing in credit and credit-related assets, today announced that it has acquired Unity Investment Management from Unity Medical Properties. Operating as a wholly owned subsidiary of Värde, Unity Investment Management will oversee the day-to-day management and leasing of 74 medical outpatient buildings (MOBs) with a combined value of more than $800 million.
Trimont Signs Definitive Agreement to Acquire Wells Fargo Non-Agency Third-Party Commercial Mortgage Servicing Business
ATLANTA – Trimont, the leading global commercial real estate loan services provider, has entered into a definitive agreement to purchase Wells Fargo’s non-agency third-party Commercial Mortgage Servicing (CMS) business, the largest servicer of CRE securitized debt in the U.S.
Värde Provides $105 Million Loan for Newly Developed California Multifamily Property
MINNEAPOLIS – Värde Partners today announced that it has provided Windy Hill Property Ventures, a firm specializing in real estate development in the Greater Bay Area, with $105 million in construction takeout refinancing for the Artisan Crossing apartment complex in Belmont, California.
Värde Provides $185 Million Refinancing for 20-Property Self-Storage Portfolio
MINNEAPOLIS — Värde Partners announced that it has provided a $185 million loan for the refinancing of a multi-state self-storage portfolio to a joint venture between Metro Storage and Fremont Realty Capital.
Marcia Page Awarded 2024 Trailblazer Award by With Intelligence at Women’s Private Credit Summit
MINNEAPOLIS — Värde Partners and MPowered Capital, an investment firm established to invest in best-in-class female and other underrepresented talent in the alternative investment space, are delighted to announce that Marcia Page is the recipient of With Intelligence’s 2024 Trailblazer Award.
Värde Recognized by Reorg as the Most Active India Private Credit Lender in FY2023/24
MUMBAI – Värde Partners is pleased to be recognized by Reorg as the most active private credit provider in India based on Reorg’s deal tracking for India’s 2023/24 fiscal year.
Värde Partners and David Weekley Homes Announce Land Banking Joint Venture
MINNEAPOLIS — Värde Partners and David Weekley Homes, one of the largest privately-held national home builders, today announced the formation of a joint venture to land bank residential communities for David Weekley Homes across the nation.