Jane Roberts
Quadrant Real Estate Advisors has attracted a $70 million commitment from Public Employees Retirement Association of New Mexico to its Quadrant Enhanced Debt Fund.
Blackstone Real Estate Debt Strategies is planning a first close on its latest real estate debt fund by as soon as the end of the year.
Bill Maxted, lead author of the most comprehensive report on UK property lending, is to retire next year.
Graham Emmett has resigned from Cheyne Capital to join HIG’s Bayside Capital. Emmett has been at Cheyne for two-and-a-half years as an investment partner, leading the real estate loan origination team.
Brookland Partners has appointed former Capita Asset Services director Jim O’Leary as chief operating officer, Real Estate Capital can reveal.
M&G Real Estate is planning to launch a pan-European, long-income fund for institutional investors possibly as early as Q1 2016, Real Estate Capital can reveal.
US insurer TIAA-CREF is jointly funding Gaw Capital Partners’ £500m purchase of London’s 123-151 Buckingham Palace Road with MetLife, in a £274.1 million financing.
In a competitive market, borrowers value speedy execution and sound covenants as much as low pricing and high leverage, debate at CREFC Europe’s event proved.
A carefully thought-out investment strategy is helping to drive real estate growth at Prudential’s investment manager, M&G, with property head Alex Jeffrey set on building a portfolio that will stand the test of time.
Responses to the latest Colliers International and Real Estate Capital Investor Pricing Survey show opinion split exactly 50:50 on whether the UK property market has peaked. The 50% who said it had may point to the lowest yields since just before the 2007 crash, while the average gap between prime and secondary yields has narrowed to 148bps, the lowest since November 2008, suggesting all property is being fully valued.