RCA in the News

South Korean Investors Pile Into U.S. Commercial Property Debt

The Wall Street Journal / April 17th, 2018

The Wall Street Journal reports: U.S. commercial real-estate owners are raking in debt capital from South Korean investors hunting for higher returns and better asset diversification.

In New York City, KTB Asset Management recently agreed to provide a five-year, fixed-rate loan to RFR Holdings for the refinancing of 285 Madison Ave., while IGIS Asset Management provided $220 million in debt for 787 7th Ave., according to a report by JLL Global Capital Markets.

View the full article in The Wall Street Journal: South Korean Investors Pile Into U.S. Commercial Property Debt