Term Sheet: Lenders react to tariff turmoil, Brookfield asks for German debt extension, change at the top for Blackstone’s lending business

Real estate lenders try to make sense of the potential impacts of US President Donald Trump’s tariffs; Brookfield seeks an extension to securitised debt behind a German residential portfolio; Blackstone’s head of real estate debt in Europe to retire, with a replacement lined up; and more in today's briefing, exclusively for our valued subscribers.