Mark Mwaungulu
Despite a significant slowdown in fundraising activity last year, the US manager surpassed its target volume.
The financing for the 585-bed Vita Student project in Madrid is the lender’s first in Spain.
The logistics specialist has around €800m of unsecured debt due to mature in 2024.
The London-based manager has refinanced Apache Capital Partners’ and Moda’s BTR scheme in Birmingham.
The Spanish firm is aiming to raise more than the €160m it attracted for its debut fund.
Eighty-four percent of respondents to a survey by the organisation expect to increase allocations to credit.
The partnership, Rhize Capital, has provided a €100m loan for two schemes in Italy.
The consultant’s head of commercial research believes lenders will focus on prime ‘beds, sheds and meds’, with many offices difficult to finance.
The specialist lender’s 30-month loan will support the delivery of a 790-bed scheme in Nottingham, UK.
The partnership, which is seeded with an initial £100m, has so far financed a scheme in London’s Docklands.