Insight

Bonaccord’s minority stake in Prime Finance underscores interest in multi-asset class strategies

‘Pension plans and insurance companies that are investors with us want comprehensive capital solutions in real estate debt, not single-strategy exposure,’ says Bonaccord’s Ajay Chitkara.

Lone Star execs break down US resi thesis for latest $1bn credit strategy

Mike Droege and Jeff Kert outline the firm’s plan to invest in more than $10bn of newly originated, performing US non-agency mortgage loans.

HIG sources €1.4bn for Greece-focused platforms

Greek lender Piraeus Bank arranged the refinancing of the hospitality and logistics portfolios.

Loans in focus: ING finances all-timber frame office scheme, HIG Capital receives $1.6bn to refinance platforms, easyStorage secures £180m to fund expansion

ING finances an all-timber frame office development with a £105m green loan; Piraeus Bank, alongside a consortium, provides a total of $1.6bn to refinance a hospitality and a logistics platform for HIG Capital; credit manager Arini provides easyStorage with a £180m facility to support its UK 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.

Term Sheet: The latest data centre securitisation, ING backs a timber frame development, Arini finances UK self-storage

The latest securitisation of European data centre debt gives rise to expectations of growth for the sector’s role in the asset-backed securities market; ING’s latest financing in the London office market sees it back an all-timber frame office scheme; credit firm Arini supports the growth of a UK self-storage platform; and more in today’s briefing, exclusively for our valued subscribers.

Loans in focus: Cain’s $4.3bn Beverly Hills build; Affinius’s dual-sided deals; BAM’s Brooklyn bridge

Cain has lined up $4.3bn of construction financing for the next stage of One Beverly Hills using a blend of private credit and bank capital; Affinius Capital is working across debt and equity aisles on separate New York multifamily deals; Brookfield Asset Management is refinancing a Carlyle- and Property Markets Group-backed residential project with $370m of bridge debt; and more in our round-up of stateside loan deals from the past week.

SCOR scoops newcomers to real estate debt in €260m fundraise

The manager says there is ‘momentum’ behind its fundraising activities as it targets a €500m final close.

Cain lines up $4.3bn of bank, mezzanine financing for One Beverly Hills

VICI Properties has set up a longer-term investing initiative with Cain and Eldridge Industries as part of a $1.5bn mezzanine contribution.