Alternative lenders

The loan refinances German operator Maincubes’ existing portfolio and allows for further expansion.

The transaction will finance a Blackstone-owned logistics portfolio.

The real estate debt specialist is exploring other opportunities.

A strategic move into real estate debt and the retirement of an industry stalwart were also among our most popular stories.

There will be more acquisition financing opportunities next year, he says.

Lenders must be highly selective and disciplined in underwriting to avoid mispricing risk, he says.

The CEO of the London-based lender says stock over sector selection will be key, looking forward.

The German bank has completed its first SRT transaction with Oaktree Capital Management as it winds down its US business.

The loan represents the sixth partnership between the two lenders.

In this final edition of Term Sheet for 2025, the key themes of the year are examined in the latest edition of The PERE Podcast; Middle Eastern sovereign wealth fund Mubadala forms a global real estate debt joint venture with Barings; Blackstone participates in the European CMBS market for the first time as a lender; and more in today's briefing, exclusively for our valued subscribers.