Home Featured
Featured
The sponsor – developer the Moran Group – attempted to sell one of the assets, the Rockpoint apartment complex, last year.
Options for alternative lenders to capitalise on the opportunity in real estate debt are taking longer than expected to manifest in Europe.
There was optimism at the Cannes event for more transactions amid predicted falls in interest rates, but several expect distress on European bank loans
The subsidiary of German lender pbb Deutsche Pfandbriefbank is speaking to investors about raising up to €500m.
European respondents to a global survey are most fearful about inflation and interest rate volatility in 2024.
The manager has sourced c€26bn of European debt since the start of 2023, and its borrowing specialist is confident about market conditions ahead.
The sovereign wealth fund has made a commitment to the ninth vintage of the manager’s flagship real estate credit strategy.
The borrower acquired 50 Fenchurch Street in 2022 and plans to develop a circa £1bn office tower.
The manager’s original €450m facility has been increased, with new lenders Deutsche Bank and CACIB added.
The new vehicle is the firm's first commingled fund for its global commercial real estate credit business.