Värde Partners Closes CRE CLO at $928M

Värde Partners Closes CRE CLO at $928M

Värde Partners, a global alternative investment firm, has closed a commercial real estate collateralized loan obligation. This is the firm’s fourth and largest CRE CLO, and eighth securitization of commercial real estate collateral. The asset pool has an aggregate...
UPDATE: Amazon buys Hollywood studio MGM for $8.45bn

UPDATE: Amazon buys Hollywood studio MGM for $8.45bn

Amazon has agreed to buy the historic MGM studios for $8.45bn. MGM is one of Hollywood’s most famous studios, having produced classic films such as Some Like It Hot and Singin’ In The Rain. MGM is owned by a group of private-equity firms, including...