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Bank club writes £430m in loans for NewRiver

NewRiver REIT has sourced £430 million (€473 million) of new unsecured debt facilities, which will replace £414 million of its existing secured loans.

AnaCap buys Italian loan portfolio from Barclays

European private equity firm AnaCap Financial Partners has bought a portfolio of loans secured by Italian property from Barclays.

Barclays issues and retains £2.43bn UK CMBS

Barclays has securitised £2.43 billion of granular UK property loans to free up capital, with £1.82 billion rated triple AAA.Barclays declined to comment on the deal, Griffon Funding, but it is understood the issue is for treasury management purposes and will be substantially held by the bank rather than sold in the market.

Morgan Stanley leads $675m refinancing on 3.6m sq ft Chicago MART

Vornado Realty Trust has completed a $675 million refinancing on the trust’s iconic 3.6 million sq ft Merchandise Mart (MART) retail and office building near downtown Chicago.

UK banks finance Canary Wharf’s ‘Newfoundland’ PRS skyscraper

Canary Wharf Group has financed the development of its 60-storey Newfoundland PRS residential tower at its London Docklands estate with Barclays and Royal Bank of Scotland, Real Estate Capital has learned.

Barclays takes on Versace Tower debt challenge

Barclays has been appointed by the developer of the high-profile residential ‘Versace Tower’ in London to source over £200 million (€261 million; $292 million) of senior debt finance.

Barclays finances M7’s Omega portfolio purchase

M7 Real Estate has sourced a £76.5 million senior loan from Barclays Bank to finance its purchase of a mixed-use UK property portfolio from Goldman Sachs, Real Estate Capital can reveal.

Barclays refinances Gramercy offices with CMBS loan

Barclays Bank has refinanced an office building at 215 Park Avenue South in the Gramercy neighborhood of Manhattan with a $95 million securitized loan that is the largest in the JPMBB 2016-C1 CMBS transaction.

Irish REIT finances multi-family portfolio with new €250m RCF

Irish Residential Properties REIT (I-RES REIT) finances its €83 million apartment scheme with a €250 million debt facility.

Hibernia secures €400m at 2% from Irish syndicate

Irish REIT Hibernia has agreed a £400m revolving credit facility at close to 2% cost with three banks.Bank of Ireland, Ulster Bank and Barclays are participating in the loan which Hibernia will use to replace an existing €100m RCF, to fund projects and make new acquisitions.