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Real Estate
Showing 21 to 30 of 55 results using the term “Real Estate”
Hella Infra Agrees to Place INR 12.5B, Multi-Tranche NCDs at ~15% IRR With Ascertis Credit to Mainly Refi High-Cost Kotak Alternate Debt
Reporting: Bhakti Tambe, Malvika Joshi Indian construction material solutions company Hella Infra Market Ltd. has agreed to privately place INR 12.5 billion rupees ($138.4 million), senior, secured, non-convertible debentures, or NCDs, in multiple tranches with Ascertis Credit, fka BPEA Credit, for...
Published on Feb 6, 2026
Developer Hubtown In Talks With Global, Local Private Credit Funds for ~INR 32B NCDs at 18%-20% IRR Mainly to Refi Oaktree, Samman Project Debt
Reporting: Malvika Joshi, Bhakti Tambe BSE-listed Hubtown Ltd. is in talks with global and local private credit funds for around INR 32 billion ($353.9 million) non-convertible debentures, or NCDs, at an around 18%-20% internal rate of return, or IRR, primarily to refinance around INR 28 billion...
Published on Feb 5, 2026
CASE SUMMARY: Portable Toilet Provider United Site Services Files Prepack in New Jersey; Debtors Hope to Lure Holdout CastleKnight With Backstop Fees, Exit Funding
Editor’s Note: This story has been revised to add information about the management incentive plan. The prepackaged plan states that 8% of new common shares (on a fully diluted basis) as of the effective date would be reserved for the MIP. United Site Services, “the largest national provider of...
Published on Dec 29, 2025
M&A Offers Growth Potential While Uncertainty Rules the Day in Building Products Sector
Reporting: Patrick Fitzgerald While a broad confluence of headwinds continues to work in tandem to roil investor sentiment and induce earnings volatility across the building products sector, strategic M&A is both a defensive necessity and opportunistic play for companies within the industry to...
Published on Dec 1, 2025
Court Grants OPI Limited Interim $10M DIP Relief; Sends Debtors, March 2027 Noteholders to Mediation While Staying OID Litigation For 30 Days
Judge Christopher Lopez granted the Office Properties Income Trust debtors first day relief, including interim approval of a $125 million nonpriming new-money junior DIP financing, at a hearing today. In granting interim DIP relief, as modified on the record (discussed below), Judge Lopez...
Published on Nov 3, 2025
UPDATE 1: Office Properties Income Trust Enters Chapter 11 With RSA, $125M DIP Financing; Seeks To Equitize $1B Funded Debt
Thu Oct 30, 2025 09:09 PM ET: Office Properties Income Trust, a national real estate investment trust, or REIT, that owns and leases office properties, entered chapter 11 case with a restructuring support agreement, or RSA, with an ad hoc group of certain holders of its senior secured...
Published on Oct 30, 2025
Litigation Coverage: Romulus Challenges Removal of Designated Director From EquipmentShare Board, Alleges Retaliation for Investigation Into Purported Company Fraud
Relevant Documents: Complaint TRO Brief Romulus Capital and its designated director on EquipmentShare.com’s board, Neil Chheda, sued EquipmentShare seeking to undo Chheda’s purported removal and applied for an immediate order to reinstate Chheda. A temporary restraining order, or TRO,...
Published on Oct 23, 2025
3 California Essential Housing Projects Flagged for Going-Concern Issues in California Community Housing Agency’s Audited FY’24 Financials
The California Community Housing Agency’s, or CalCHA’s, audited financial statements for the fiscal year ended June 30, 2024, were posted to EMMA today, include going-concern warnings regarding CalCHA’s Annadel Apartments, Serenity at Larkspur Apartments and Mira Vista Hills Apartments...
Published on Oct 15, 2025
Dolphins in Court, Vegas on the Edge, and the Mailman
This week’s episode of The Octus Download brings together courtroom drama, shifting tourism economics, and a neighborhood dispute that became a local legend. Episode 13 begins in Miami, where the Miami Seaquarium is navigating one of the most contentious Chapter 11 cases in recent memory. Owned...
Published on Aug 13, 2025
New World Development Targets July-End Close for Proposed Victoria Dockside-Backed Loan
New World Development is targeting to close by the end of July the proposed three-year syndicated loan backed by its Hong Kong Victoria Dockside complex, according to two sources briefed on the matter. As Octus reported on June 2, the loan’s arranger Deutsche Bank sent out a letter around the...
Published on Jul 9, 2025