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Aegon Group

A syndicate of four banks have provided a £303m facility at 1.9% to Redefine International to help fund £490m of purchases from Aegon. HSBC, Barclays, Abbey National Treasury Services and the Royal Bank of Scotland have teamed up to lend the property investor a £155m term loan and a £148m revolving credit facility.
Transamerica Life Insurance Company has provided an affiliate of North Dakota-based Sterling Real Estate Trust with $62.6m in financing for the acquisition of a 1,422-unit apartment portfolio in the Minneapolis-St. Paul metropolitan area of Minnesota — aka the Twin Cities. The loans back five of seven garden-level apartment buildings that the REIT bought for a reported $103.5m. […]

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