After a pause around the time of the general election in May, finance requests have come back strongly in recent months according to the latest Laxfield UK CRE Debt Barometer.
Swedish debt fund Leimdörfer Real Estate Capital I has backed Revcap’s acquisition of two shopping centres in Stockholm.
US debt fund manager Quadrant Real Estate Advisors has provided a £30.75 million stretch senior development loan.
Saudi developer Jeddah Economic Company, an affiliate of Kingdom Holding Company, has secured financing to complete the construction of what is slated to become the world’s tallest building: the 1 kilometer (3,280 ft) Jeddah Tower.
The US CMBS delinquency rate has declined for a third straight month, falling by 10 basis points (bps) in November -- and 62 bps year-to-date -- to 5.13%, according to Trepp.
Fitch has downgraded two classes of notes from the contentious Titan Europe 2006-2 CMBS, which is currently subject to court action by its Class X noteholder.
CBRE Global Investors’ Dutch Residential Fund has signed a new €100 million revolving credit facility at a sub 150 basis points margin with Dutch banks ING and ABN Amro.
M7 Real Estate has secured a €31 million senior loan from Berlin Hyp to finance a portfolio of German retail assets. The circa 66 percent loan-to-value facility was provided by the German bank to finance the latest purchase by M7’s first European vehicle, European Real Estate Investment Partners I (M7 EREIP I). The fund bought […]
M&G Investments has provided £70 million of development finance to investor/developer Westrock to fund four private rented sector residential schemes.
AgFe has provided an £80 million loan to Peter Ferrari’s Ashby Capital to finance its recent purchase of the Colmore Plaza office building in Birmingham.