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.
Neil Crosby, of Reading University, is advising the Bank of England on methods for calculating long-term sustainable value for use in UK lending.
New York-based real estate firm Eretz Group has refinanced the mortgage on its Midtown office tower at 295 Madison Avenue with a $59 million loan from Bank of China.
The Loan Market Association (LMA) has launched new documentation intended to standardise German-law real estate loan agreements.
New York Life Insurance Co. and TIAA-CREF teamed up to place a $648 million loan on the acquisition of two Boston office buildings.
Bank of America has provided a $39 million loan to a joint venture between Urban Renaissance Group (URG) and Iron Point Partners for the acquisition of the SeaTac Office Center in the SeaTac, Washington.
German bank Helaba has arranged a kr1.022 billion (€111.2 million) financing of Tristan Capital Partners’ purchase of a Norwegian retail warehousing portfolio.
Norwegian life insurance company Storebrand has taken a participation in the deal.