Fundraising

The New York firm has raised the largest dedicated US real estate debt vehicle since the beginning of the pandemic.

The Nordic manager is buying an existing real estate credit business with a Munich-based team as part of wider plans to expand its core capabilities in the property sector.

The London-based alternative lender has closed its largest commercial real estate debt fund yet and will target £1bn of lending in the next three years.

The Paris-based manager’s head of real estate says value-add business plans and sustainability targets are key ingredients it is looking for in lending deals.

The Madrid-based manager is aiming to deploy around 60% of its debt fund in small-to-medium sized loans in its home country, with the remainder targeted further afield.

The investment manager has raised an initial £140m of investor capital and is targeting £500m for its latest UK lending vehicle.

The firm has closed multifamily credit funds totalling more than $3.3bn this year.

The real assets business of the $9trn manager is targeting junior lending opportunities in Western European markets.

The German property finance boutique says potential club deals between its two credit funds will enable it to provide higher debt volumes per transaction.

The fund closed above target and with more than four times as much capital as its predecessor.