Insight

Term Sheet: Private credit’s residential resolution; Apollo’s in-house deal; CSIM’s real estate alignment

The February/March edition of PERE Credit’s magazine breaks down opportunities in the residential sector as affordability and availability issues persist; Apollo Global Management is shuffling its real estate debt lines with ARI’s move to sell a $9 billion loan portfolio to affiliate Athene; CenterSquare Investment Management is blending its private real estate debt and equity teams under a fresh co-CIO; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: The Squaire debt deferred, Apollo’s $9bn loan transfer, Alantra corrals capital

The owner of Frankfurt’s mixed-use The Squaire is granted more time to repay its securitised debt; Apollo shifts $9 billion of commercial real estate loans from the public to the private market; Alantra holds a first close on its latest debt fund as it aims to expand its lending across Europe; and more in today’s briefing, exclusively for our valued subscribers.

Loans in focus: OZK’s Florida condo addition; Bain’s Broadway spotlight; SMTB’s LA residence

Construction financing activity has been a steady fixture for Florida with Bank OZK adding to the momentum with a $323.8 million condominium development loan; Bain Capital is backing the refinance of 1375 Broadway in Manhattan with a $213 million debt package; Sumitomo Mitsui Trust Bank heads to the West Coast for an $80.8 million construction financing deal in Los Angeles; and more in our round-up of stateside loan deals from the past week.

Cerberus refinances three UK student accommodation assets with £63m loan

The debt was provided to real estate credit manager Zenzic Capital and developer Torsion Group.

Alantra collects €60m for first close of European real estate debt fund

The Madrid-based manager is seeking a total of €200m for its second property credit vehicle.

Loans in focus: Apollo issues €900m logistics loan, Castlelake and Atlas back Nordic and Baltic shopping centres, bank lender club extends RCF to UK housebuilder

Apollo Global Management finances urban and mid-box logistics in a €900 million deal; Castlelake and Atlas issue a €520 million loan for shopping centres in Finland, Sweden, Norway, Denmark and Estonia; HSBC, Lloyds, NatWest and Santander refinance UK housebuilder The Hill Group; the latest additions to the Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.

Apollo issues €900m loan to refinance industrial platform

The debt is secured by 92 industrial and logistics assets across Europe.

Term Sheet: Fed’s rate review; Invesco’s ex-Nuveen senior hire; NYSTRS’ SL Green allocation

Federal Reserve chair Jerome Powell affirms a hold on interest rate changes as private real estate credit managers look for more stability; Invesco is bolstering client relations lines with the addition of Carly Tripp, former global CIO of Nuveen Real Estate; SL Green and a pair of other real estate debt fund runners pick up commitments from New York Teachers’ Retirement System allocation wave; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: The year’s first CMBS is upsized, Just Group makes its mark, Pluto writes first loan through Blackstone tie-in

The first European CMBS deal of 2026 has priced, having been significantly increased in size, reflecting strong investor demand; UK life insurer Just Group writes a large loan as it increases its lending market presence; Pluto picks Ireland for the first loan through its tie-in with Blackstone; and more in today’s briefing, exclusively for our valued subscribers.