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Michael Zerda, head of Blackstone Real Estate Debt Strategies in Europe, will take on Amy Klein Aznar’s role at LaSalle as she becomes executive chair of the debt and special situations business.
The property manager will target senior loans across a range of UK commercial real estate sectors for terms of up to 50 years.
According to the advisor’s fifth UK debt survey, lenders are gearing up for a recovery but remain cautious about market conditions.
The private investor’s chief financial officer says financing options for its new flexible office development in Birmingham were limited.
A €296m construction financing in the German capital, led by Deutsche Hypo, was among the week’s more eye-catching items.
Debt providers are increasingly looking outside the most competitive markets for logistics lending opportunities, says the bank’s EMEA real estate head.
The Canadian pension investor’s expansion efforts including doubling its lending book in the coming years.
Following the German bank’s financing of a London hotel for L+R, its managing director of special property finance says it currently favours hotels capable of attracting a broad mix of guests.
Oaktree’s substantial deployment of its latest property fund is not indicative of dealflow in the market overall, but rather that it is ahead of the pack.
The London-based asset manager, which has a special situations background, is raising for a senior property loans strategy.