Insight

Loans in focus: Apollo provides €874m to A&O Hostels, EPP secures €323.9m loan for Polish retail, NewRiver REIT receives refinancing from four banks

Apollo Global Management provides €874m to refinance a European hostels platform; Polish manager EPP secures €323.9m refinancing loan for four retail assets; Barclays among four banks to refinance and upsize an existing loan for NewRiver REIT; 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.

Westfield Stratford refinancing set to boost Europe’s 2026 CMBS issuance

A £750m securitisation backed by the London shopping centre is underway.

Term Sheet: Fortress, Invictus and PIMCO’s first closes; CapitaLand’s APAC follow-up; Peachtree’s insurance push

PIMCO, Invictus and Fortress each held first closes for their latest real estate debt strategies with $1.27 billion of cumulative capital lined up across the trio; CapitaLand has sights on growing its Asia-Pacific real estate lending presence with the final close of a sequel strategy in the sector; Peachtree Group builds on its deployment output with a senior hire geared toward bolstering insurance capital partnerships; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: Apollo goes big on hostels, banks back Polish retail portfolio, CapitaLand raises for Asia-Pacific lending

Apollo Global Management backs the growth of a European hostel platform with an €874 million loan; Polish manager EPP wins bank support for its prime retail portfolio; Singapore’s CapitaLand corrals commitments for its second Asia-Pacific debt fund; and more in today’s briefing, exclusively for our valued subscribers.

Loans in focus: CIM’s Miami recharge; Blackstone’s IOS refi; Barings’ Chicago office capitalization

CIM Group is tapping into South Florida’s financing momentum through a $154m refinancing deal for a pair of Blackstone-backed mixed-use towers; Blackstone takes a debt angle of its own with a $226m industrial outdoor storage portfolio financing deal; Barings looks to catch Chicago office tailwinds with a $156.7m acquisition financing: and more in our round-up of stateside loan deals from the past week.

Apollo provides €874m refinancing to support A&O Hostels’ European expansion

The New York-headquartered manager has extended its long‑standing relationship with the platform’s owners, StepStone Group and Proprium Capital Partners.

Chatham Financial: Iran conflict drives rise in lender caution

Margins remained stable during Q1, but the firm has observed growing nervousness around agreeing loan terms.

Loans in focus: Bank Pekao backs Panattoni’s Polish development, NIB issues its first sustainability‑linked real estate loan, OakNorth finances temporary housing provider

Bank Pekao issues Panattoni with a €22.5 million development loan for a build-to-suit manufacturing project in Łódź; Nordic Investment Bank provides its first sustainability-linked real estate loan; OakNorth writes £28.5 million (€32.7 million) of debt to a specialist provider of short-term supportive housing in the UK; 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.

PIMCO Prime’s Sobel: ‘No lender can pretend nothing is going on in its loan book’

In her first interview since becoming head of European debt, Debora Sobel discusses managing existing loans amid volatility and lending in a competitive market.