Singapore’s sovereign wealth fund, GIC, has provided a £90m senior loan to Maya Capital for UK regional office acquisitions.
The five-year facility, which is believed to reflect a loan-to-value between 60-65%, will also refinance Maya’s current portfolio of six UK office assets.
Berkeley Point Capital has provided $34.2m in agency debt financing to TruAmerica Multifamily and an investment group for the purchase of Trevi, a 290-unit community in Chandler, Arizona.
Retail specialist Atrium European Real Estate has signed a €125m five-year unsecured revolving credit facility with a club of three banks.
ING Bank, Citibank and HSBC have provided the facility, which comprises of €100m of new credit and the extension of an existing €25m of facility.
HFF announced today that it has arranged $49.5m in financing for Liberty Creek Apartments, a 584-unit, garden-style multi-housing community in the east Denver suburb of Aurora, Colorado.
TIAA-CREF has provided Kemper Development Company with $220m to refinance the Eddie Bauer Building in Bellevue, Washington.
M&T has provided Extell Development with a $113m loan for the redevelopment of a swath of properties located just west of Times Square on 47th street in Manhattan, Real Estate Capital has learned based on city property records.
Pricoa Mortgage Capital has provided a £181.5m, 10-year refinancing loan to China Life and the Qatar Investment Authority for their 99 Bishopsgate tower in London.
Brookland Partners has launched a mezzanine and whole loan lending platform with support from shareholder, Omni Partners.
The investment bank has established a new mezzanine and whole loan debt unit, European Real Estate Capital (E-REC), and has executed its first deal with seed capital from Omni, which owns a 40% stake in Brookland.
A joint venture led by First Hawaiian Bank has provided $170m in financing for the construction of a 423-unit urban community in Honolulu, Hawaii.
CBRE Capital Markets’ Debt & Structured Finance announced that it arranged nearly $157m in financing for the acquisition of a six-property, 1,413-unit multifamily portfolio in the Pacific Northwest states of Washington and Oregon.