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The sponsor will use the facility to expand its hotel portfolio across two sites in London's West End.
The most important UK and Continental European commercial real estate deals collected in our database, updated every Friday.
Half of the 22-asset portfolio of Hamberley Care Homes has been refinanced.
The £100m loan backs the Puma Real Estate Secured Credit vehicle, which reached first close in December.
The loan refinances German operator Maincubes’ existing portfolio and allows for further expansion.
The €155m financing from Bank Millennium supports the acquisition of four Polish logistics assets.
The transaction will finance a Blackstone-owned logistics portfolio.
The real estate debt specialist is exploring other opportunities.
Owners Edge and Mitsubishi Estate London obtained planning for the project in April.
Lenders must be highly selective and disciplined in underwriting to avoid mispricing risk, he says.