Daniel Cunningham
The lender has provided £150m to fund the acquisition of Deutsche Bank’s UK headquarters ahead of a major redevelopment.
The board member for the German bank believes the industry will adjust to higher rates and argues parts of the market continue to perform well.
The US manager has sourced debt including €310m of mezzanine for 15 hotels.
The US manager, which entered the European property lending market in 2020, is closing in on a first close for its latest vehicle.
Sharp rise in financing costs is highlighted in pan-European research report.
Lenders at MIPIM were sanguine about Silicon Valley Bank, but the Credit Suisse situation will amplify concerns.
The Oaktree-backed lender has written a £25m loan to finance an office-to-residential project in southeast England.
The specialist lender is backing a London residential scheme being developed by SevenCapital and MARK.
The loan, which is secured by properties owned by the manager’s Sponda platform, has been placed into special servicing.
The former head of real estate at UK bank NatWest discusses his market outlook following his move into the alternative lending sector.