May 24, 2008
In April I posted Bloomberg’s report that had PIMCO more than doubled the mortgage holdings in its flagship Total Return Fund from 23% of assets in March of last year to almost 50% of assets in March of 2008. Now the FT is reporting that PIMCO has continued to build its position. Bill Gross, the […]
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May 15, 2008
SFI To Use Net Proceeds of $960 Million Financing to Repay Existing Debt Costar reported today that GE Real Estate’s New York regional office completed a $960million interest-only first mortgage financing with iStar Financial Inc., secured by 34 single-tenant office, R&D and industrial properties in 12 states. According to Costar, this financing for iStar represents […]
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