Inside: Cheyne’s Ravi Stickney on preparing for a decade of opportunity; How the lending slowdown is affecting your pay; A 36-page special report on alternative lending, including our ranking of Europe’s 30 biggest lenders; Plus much more…
1 min read · 01 June 2024
Hopes that interest rates may have peaked are cheering survey respondents.
3 min read · 31 May 2024
Ares Management expands its European loan book with a £500 million loan in London’s West End; Castlelake issues €489 million of debt to help embattled Swedish residential landlord SBB; Blackstone scoops $1 billion of senior commercial mortgages from Germany’s pbb Deutsche Pfandbriefbank; a round-up of the spring conference season reveals pressure building for lenders to resolve stressed situations; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 30 May 2024
Blackstone is expanding its commercial real estate lending market share via a $1 billion pbb Deutsche Pfandbriefbank loan portfolio acquisition; RFR and Kushner Companies scored a four-year extension on the $480 million loan backing a Brooklyn mixed-use campus; Deutsche Bank taps into Miami’s momentum with a $120 million refinancing package on the $6 billion Miami Worldcenter development; and more in today’s Term Sheet, exclusively for our valued subscribers.
7 min read · 30 May 2024
Lenders face troubled debt positions as final maturity dates set out in loan agreements approach.
5 min read · 30 May 2024
Lenders will have ‘no choice’ but to enforce if these conversations do not start soon, according to restructuring specialists at accountancy PwC.
4 min read · 29 May 2024
A trio of bank lenders led by Morgan Stanley prop up Henderson Park’s major stateside hospitality purchase from Blackstone; an all-private equity affair sees KKR provide $220 million to refinance a nine-property industrial portfolio owned by Ares affiliate; Northmarq plots a US market expansion following its merger with Morrison Street Capital and consultancy integration; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 23 May 2024
A major data centres debt deal shows the burgeoning asset class suits infrastructure lenders as well as real estate financiers; German banks demonstrate demand for prime financing deals with the backing of a Hamburg asset; Savills suggests some lenders are prioritising financing volume over return; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 23 May 2024
Debt providers are converging on favoured types of real estate, the consultant said at its latest Financing Property event.
3 min read · 22 May 2024
The manager says the transaction enables it to free up capital for future deals.
3 min read · 20 May 2024