Insight

Czech developer plans Polish residential push following Apollo loan

Prague-based Crestyl sourced a €165m loan from the US manager to refinance its Polish platform, Spravia.

Term Sheet: BNP Paribas plans an SRT, a UK retail CMBS gets underway, MERA eyes preferred equity deals

BNP Paribas is the latest European bank to explore a synthetic risk transfer transaction; a fresh securitisation of London’s Westfield Stratford City shopping centre is set to boost CMBS volumes; MERA Investment Management gets backing for a preferred equity strategy; and more in today’s briefing, exclusively for our valued subscribers.

Loans in focus: Helaba’s Austin refi; Goldman’s Manhattan bridge; SCALE’s office conversion

International debt funding is two-stepping into Texas with Helaba’s $200 million refinancing package for a luxury apartment project in Austin; Goldman Sachs Alternatives is picking up debt exposure in Manhattan’s Chelsea submarket through a $148.7m bridge loan; SCALE Lending is spurring more office-to-residential conversions in New York City with a $108m financing package; and more in our round-up of stateside loan deals from the past week.

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.