Lucy Scott
The UK High Court dispute saw PIMCO Prime, JLL and Valesco explain their roles in a valuation process that triggered a cash trap.
PRECap VIII will provide whole-loan and mezzanine financing, as well as preferred equity, across European real estate markets.
NatWest was selected to provide the financing following a competitive lender process.
HM Revenue & Customs last week filed a winding-up petition against Avison Young Real Estate Finance and other entities over historical tax obligations, but a spokesperson said the situation will be resolved shortly.
The board of KKR Real Estate Finance Trust is exploring strategic alternatives for the real estate investment trust, according to Q2 2026 financial results.
Birmingham-headquartered firm says investors are seeking regionally focused real estate debt strategies.
The US manager provided the loan for a student housing development near the University of Central Florida that will be delivered in two phases.
Swap rates in the UK and eurozone rose on news of a collapse in the ceasefire agreement between US and Iran on July 8.
Credit rating agency KBRA took the action following the latest valuation of the asset.
A survey shows banks are more selective on origination, as fears grow that inflation will push up interest rates.