Lloyds has refinanced £61 million of debt secured by a portfolio of UK business centres through its Green Lending Initiative.
Lloyds Bank Commercial Banking has hired Andrew Wheldon, the former head of residential debt and structured finance at CBRE, as a director in its listed CRE clients team.
Lloyds Bank Commercial Banking and BlackRock are among a group of lenders which have provided a £275 million (€323 million) debt package to a housing association in Manchester, UK, according to Real Estate Capital's sister title, Private Debt Investor.
Andrea Pittaluga of Lloyds has joined CBRE Capital Advisors as a senior director, as part of the continued expansion of CBRE’s debt and structured finance business.
Lloyds Bank Commercial Banking has completed its first deal to be subsidised through the £1 billion ‘green’ commercial property lending fund which it launched in March this year.
Lloyds Bank Commercial Banking has written a £23 million loan to refinance a mixed-use development located in Sheffield.
Lloyds Bank Commercial Banking, Wells Fargo and PGIM Real Estate have teamed up for a £169 million financing of the student accommodation arm of a Manchester-based property developer.
Scottish Widows, with Lloyds Bank Commercial Banking acting as agent, has provided a £45 million loan to UK real estate investment trust Custodian REIT.
A new leadership line-up has been unveiled at Lloyds Bank’s commercial real estate division following the decision by former head of private real estate corporates Marty Green to return to his native Australia.
Lloyds Bank Commercial Banking has syndicated 50 percent of its recent loan to fund development at London’s O2 arena to Industrial and Commercial Bank of China (ICBC).