Insight

Loans in focus: Reef’s Hawaii resort revive; Aviva’s Dutch office deal; Mesa West’s PNW refi

Reef Capital Partners secured a $430.9 million mix of senior and C-PACE financing from X-Caliber Rural Capital and CastleGreen Finance to revitalize Hawaii’s Coco Palms Resort; Aviva Investors is backing a Time Equities-owned Dutch office portfolio with a €168.1 million financing deal; Mesa West is adding to its multifamily activity with an $82.5 million refinancing package for a Seattle-area community; and more in our round-up of global loan deals from the past week.

Term Sheet: Brookfield’s European expansion; Invesco’s record H1; Madison Realty’s office-to-resi return

Brookfield puts its European lending initiative into action with the funding of a £500 million ($661 million; €580 million) acquisition package; Invesco is outlining global ambitions of its own on the back of its record €710 million of European originations in H1; Madison Realty Capital is driving more office-to-residential conversion momentum across New York City with a $480 million financing closed; and more in today’s Term Sheet, exclusively for our valued subscribers.

Loans in focus: Madison Realty’s Broadway revival; Cheyne’s hospitality help; Invesco REIT’s CLO sequel

Madison Realty Capital is backing the residential conversion of 1740 Broadway with a $480m financing, adding to its redevelopment funding in New York City; Cheyne Capital provided acquisition financing for a Central London hospitality portfolio repositioning; Invesco Commercial Real Estate Finance Trust adds securitized momentum with a sequel $1.2bn issuance; and more in our round-up of global loan deals from the past week.

Term Sheet: PERE Credit 100’s breakfast briefing; Qualitas’s European expansion; Warsh’s Fed debut

Senior real estate credit executives anticipate better fundraising roads ahead at a launch event for the global PERE Credit 100 ranking; Qualitas has lending sights set toward Europe following the acquisition of Starz Real Estate; Federal Reserve chair Kevin Warsh delivers a recurring chorus of interest rate holds at his debut conference; and more in today’s Term Sheet, exclusively for our valued subscribers.

Loans in focus: Madison Realty’s Santa Cruz refi; Brookfield’s London office re-up; Affinius’s San Diego multi dealing

Madison Realty Capital set its sights on Southern California hospitality in a $115m co-financing deal with Newbond Holdings; Brookfield has tapped OCBC and Mashreq for a £325m office refinancing package in Central London; Affinius Capital is catching waves in San Diego with a $120m multifamily refinancing deal; and more in our round-up of global loan deals from the past week.

Term Sheet: CREFC’s New York tune; KKR’s $1bn mile marker; NPS’s US debt demand

Commercial real estate lenders are bracing for a change in market tune, as observed at CRE Finance Council’s annual New York conference; KKR is holding a steady fundraising rhythm with the $1bn first close of its latest real estate credit strategy installment; NPS sees the US market as prime for increasing its real estate credit presence; and more in today’s Term Sheet, exclusively for our valued subscribers.

Loans in focus: Tyko’s Texas debut; Leumi UK’s healthcare play; BREDS and JPMAM’s IOS collab

Tyko Capital has entered the Texas market with an $870m construction loan, adding geographic diversity to its lending book; Leumi UK completed its largest-ever UK healthcare financing via a £100m revolving credit facility; a Blackstone and JPMorgan Asset Management venture funded a $281m industrial outdoor storage loan; and more in our round-up of global loan deals from the past week.

Loans in focus: 600 California’s recap; S3’s student housing lift; Peregren’s SoCal life science backing

San Francisco’s resurgence is being spurred by a Lone Star-backed acquisition of the office tower at 600 California; S3 Capital is expanding its development focus toward student housing with a $131.5 million deal in Manhattan’s Washington Heights submarket; Peregren Capital is making a substantial debt stake in a San Diego area life sciences property with a $290 million financing package; and more in our round-up of global loan deals from the past week.