capital markets

The Madrid-based mid-market lender aims to invest around a third of the vehicle’s capital in real estate credit opportunities.

During its latest Financing Property presentation, the consultancy said the pandemic is leading sponsors and financiers to increasingly consider social factors when futureproofing assets.

With recovery underway in the US hotel sector, securitisation activity is gradually picking up in select sub-sectors – albeit with more conservative underwriting.

Steve Plavin, recently appointed to lead Blackstone Real Estate Debt Strategies in Europe, says a wide array of funding opportunities is likely to emerge as European markets reopen.

Gadi Jay, who is responsible for sourcing debt for Blackstone's European investments, says the pandemic has not prevented the US firm from financing its property strategy.

Property finance veteran Natalie Howard is building a new credit business. She tells us why organisations like Schroders are the ‘natural fillers’ of real estate’s funding gap.

The real estate manager has hired Isabelle Brennan from M&G and Michelle Liu from CIT to expand its debt platforms on both sides of the Atlantic.

Commercial mortgage-backed securities issuance in Europe is gaining traction, with six deals launched so far this year.

Among the past week’s noteworthy items, the owner of the biggest business estate in London’s Docklands raised £900m through its first green bond issuance.

Another major shed portfolio financing this week demonstrates real estate lenders’ sustained appetite for logistics exposure.