Lenders at MIPIM were sanguine about Silicon Valley Bank, but the Credit Suisse situation will amplify concerns.
3 min read · 17 March 2023
The mood remains mixed at MIPIM, the annual real estate conference in Cannes; Silicon Valley Bank and Signature Bank failures have different initial implications for real estate managers; US-based firm CIM Group expands property credit business into Europe; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 15 March 2023
The Los Angeles-based firm has provided a £186m senior loan to GreenPoint to finance the acquisition of a UK car parking portfolio.
3 min read · 15 March 2023
The US manager will include UK offices in the lending strategy of its incoming £1.4bn debt fund.
4 min read · 15 March 2023
Participating preferred equity has features of both preferred and joint venture equity, Berkadia’s Cody Kirkpatrick told Real Estate Capital USA.
2 min read · 13 March 2023
The German lender reported a 54% profit increase despite being forced to take a write-down due to Russian counter sanctions.
3 min read · 10 March 2023
The London-headquartered firm sees an opportunity to lend up to €800m per year in the region.
3 min read · 10 March 2023
The Oaktree-backed lender has written a £25m loan to finance an office-to-residential project in southeast England.
3 min read · 09 March 2023
Blackstone’s Finnish default hints at the refinancing challenge facing even the largest sponsors; Germany’s pbb Deutsche Pfandbriefbank looks to the equity market for diversification; shareholders give Heimstaden a leg-up to deal with its debt pile; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 08 March 2023
The specialist lender is backing a London residential scheme being developed by SevenCapital and MARK.
3 min read · 07 March 2023
