AEW Capital Management provided a $134 million, three-year, floating-rate loan to Gerding Edlen for the acquisition of 200 West Adams, a 32-story, LEED Gold certified, 683,730 sq ft office tower in Chicago’s West Loop.
AEW Europe, the Paris-based private real estate investment firm, has appointed Cyril Hoyaux as head of debt funds management ahead of the launch of a €750m debt fund.
The firm is seeking to significantly expand its real estate debt platform with the appointment of Hoyaux and the setting-up of its second debt fund, Senior European Loan Fund 2 (SELF2).
pbb Deutsche Pfandbriefbank has provided a €131m loan to AEW Europe to refinance the Tour W office tower in Paris.
The 32-storey partially let tower in La Défense is managed by AEW Europe and owned by a group of French investors. It is currently being renovated.
Fund manager AEW Europe has hired a new head of debt funds to oversee its existing real estate finance business and raise new funds. Thibault Chauvin is moving over from Colony Capital, where he was managing director for real estate debt strategies and origination in Europe; before that, Chauvin headed international real estate finance at Crédit […]