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The loan will support the delivery of 2,389 student accommodation beds in the UK.
The manager has hired Sunny Lakhtaria as UK head of real estate debt.
Toni McDermott, who has joined from Morgan Stanley, sees a growing need for flexible finance for real estate sponsors.
The most important UK and Continental European commercial real estate deals collected in our database, updated every Monday.
The UK lender’s latest financing, in Liverpool, is its 24th in the region.
The facility will be used to develop senior living provider Birchgrove’s second project in London.
The UK manager launched Amsterdam-based Mica Real Estate to manage an expanding Dutch portfolio.
The Boston-based manager is aiming to raise €400m with which to target the European real estate debt market.
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Digital property finance platform Finloop believes rising interests rates in the UK and continental Europe are to blame.
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Our data reveals fundraising in H1 of this year is down from $30 billion in H1 2022.

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