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Wells Fargo

Club provides £488m for Intu’s Merry Hill mall

Intu Properties has sourced a £488 million (€536 million) loan to refinance the Merry Hill shopping centre in Dudley, which is claimed to be the seventh largest mall in the UK.

Wells backs Oxenwood’s UK logistics portfolio

Wells Fargo has provided a £151 million loan to Oxenwood Real Estate to support the £286 million purchase of a portfolio of prime UK logistics assets.

Capital & Regional agrees £373m Mall portfolio refi

Capital & Regional has refinanced the debt held against its UK shopping centre portfolio with three new loan facilities totalling £372.5 million (€438 million).

Wells provides £50m to Tritax

Wells Fargo has provided a £50 million term loan to listed UK logistics investor Tritax Big Box REIT.

Quintain secures £800m loan from Wells, AIG and CPPIB for Wembley

Quintain has closed an £800 million corporate development facility with three North American lenders, securing finance for the next five years for the development of its masterplan at Wembley Park in north London. The facility is split into a £560 million, five-year revolving senior loan which has been provided by Wells Fargo and US insurer AIG, and £240 million of mezzanine from Canadian Pension Plan Investment Board.

Wells Fargo leads $1.5bn loan on supertall Midtown office building

Wells Fargo is administrative agent on a $1.5 billion construction loan to SL Green Realty on its One Vanderbilt office development, which will become the tallest building in Midtown Manhattan.

Wells Fargo and life company provide $210m on US retail portfolio

Wells Fargo has teamed up with an undisclosed life insurance company to provide a $210 million financing to Westwood Financial Corporation on its 10-property retail portfolio across five states.

Wells Fargo provides $145m on Manhattan apartments

Wells Fargo has provided a $145 million agency financing to the Brodsky Organization on the 430-unit Enclave at the Cathedral apartment building in the Morningside Heights neighborhood of Manhattan.

Wells Fargo originates ‘landmark’ risk retention CMBS

Wells Fargo has originated an $871 million CMBS transaction that marks the first such deal to have interest holdings that would fulfill the US risk retention rules coming into effect this December.

Club of banks commits £500m to Brookfield’s London development

A club of six international banks has agreed to provide around £500 million of development funding for Brookfield Property Partners’ 100 Bishopsgate tower in a major post-Brexit City of London financing.

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