Insight

Loans in focus: Lender club provides €1.8bn to German data centre operator, SMBC finances Oaktree data centre platform, Maslow backs West End hotels

A 12-lender consortium provides €1.8 billion to Frankfurt-based data centre operator Maincubes; Sumitomo Mitsui Banking Corporation issues €1.9 billion loan for Oaktree’s data centre platform; Maslow Capital provides a £294 million (€340 million) facility for Criterion’s hotel portfolio expansion; 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.

Maslow’s large-ticket push continues with £294m loan to Criterion

The sponsor will use the facility to expand its hotel portfolio across two sites in London’s West End.

Song Capital provides £210m refinancing to Patron-backed care home operator

Half of the 22-asset portfolio of Hamberley Care Homes has been refinanced.

Term Sheet: Benefit Street’s $3bn fundraise; NGC and Mavik’s DC collaboration; SL Green’s CMBS boost

Benefit Street Parters has stacked $3 billion in capital commitments at final close across vehicles linked to its flagship US real estate debt series; Nuveen Green Capital and Mavik Capital Management are funding a Washington, DC office-to-residential project with $575 million of financing; SL Green secured a $480 CMBS loan to bulk its Manhattan office portfolio with a Park Avenue Tower addition; and more in today’s Term Sheet, exclusively for our valued subscribers.

Goldman Sachs provides Puma with first back leverage facility

The £100m loan backs the Puma Real Estate Secured Credit vehicle, which reached first close in December.

Term Sheet: Data centres attract more than €2bn, Blackstone kicks off the 2026 CMBS market, Nuveen gets another global head of debt

Our first edition of 2026 brings news of major data centre financings in Ireland and Germany, with more than €2bn of financing across two deals; Blackstone sponsors the first European CMBS launched in 2026; Nuveen appoints its next global head of real estate debt; and more in today’s briefing, exclusively for our valued subscribers.

Loans in focus: Bank lenders’ Hudson Yards trophy office build; Nuveen Green’s Miami C-PACE origination; Bank of America’s Atlanta office CMBS

A trio of bank lenders is doubling down on Hudson Yards’ new office development with a $1.6 billion loan; Nuveen Green Capital continues its C-PACE origination momentum with a $124.2 million financing for a Wynwood multifamily in Miami; Bank of America is backing an Atlanta office tower with a $245 million CMBS loan; and more in our round-up of stateside loan deals from the past week.

Lender club including NORD/LB provides €1.8bn data centre financing

The loan refinances German operator Maincubes’ existing portfolio and allows for further expansion.

Hillwood Poland obtains its largest acquisition financing to date

The €155m financing from Bank Millennium supports the acquisition of four Polish logistics assets.