Insight

Germany teeters on the edge of significant distress

Historical trading activity and higher-than-average investor allocations have brewed a ‘perfect storm’ in the country’s real estate market.

Maslow doubles down on Northwest England BTR lending

The UK lender’s latest financing, in Liverpool, is its 24th in the region.

PGIM refinances London last-mile logistics portfolio

The manager has provided a loan, understood to be around £80m, to industrial owner Valor.

Term Sheet: CTP’s solar financing, Blackstone’s credit ambitions, KKR’s latest fund launch

Logistics developer CTP’s latest loan demonstrates how managers are tackling the climate crisis; Blackstone’s Stephen Schwarzman has high hopes for the firm’s debt business; KKR sets out to raise another global credit fund; and more in today’s briefing, exclusively for our valued subscribers.

Beaufort Capital backs London later living scheme with £28m loan

The facility will be used to develop senior living provider Birchgrove’s second project in London.

Arrow Global to scale-up property equity and debt exposure in the Netherlands

The UK manager launched Amsterdam-based Mica Real Estate to manage an expanding Dutch portfolio.

Term Sheet: Bain’s debt play, Quintain’s £780m refinancing, Cromwell’s green deal

Bain Capital’s move to launch a dedicated European real estate credit strategy demonstrates the appeal of the asset class; Quintain secures a major refinancing amid tough market conditions; Cromwell’s latest loan shows sustainability is playing a growing role in property loans; and more in today’s briefing, exclusively for our valued subscribers.

Quintain simplifies borrowings through £780m refinancing

The facility, provided by JPMorgan and Cheyne Capital, will in part refinance the UK developer’s standing assets at Wembley Park.

HSBC provides Polish shopping centre loan to Cromwell with Scope 3 targets

The bank wants Australia-listed sponsor Cromwell to report on indirect carbon emissions.

Borrower profile: Landmark Companies to scale development portfolio 

The women-led firm focuses on ground-up, multifamily projects in the Sunbelt region.