Bermuda-registered Saïd Holdings has sourced a $100 million (€85.42 million) standby debt facility from US asset manager Northern Trust.
1 min read · 16 August 2017
Average gross margins across pbb Deutsche Pfandbriefbank’s new real estate lending increased to around 170 basis points during the second quarter of 2017, up from 160bps the previous quarter.
2 min read · 15 August 2017
NewRiver REIT has sourced £430 million (€473 million) of new unsecured debt facilities, which will replace £414 million of its existing secured loans.
1 min read · 14 August 2017
German bank Aareal has seen an increase in average gross margins of new loans underwritten during the second quarter of 2017, mainly driven by its expansion into the US market.
2 min read · 11 August 2017
Liberbank, the eighth-largest bank in Spain by market value, has sold its property asset manager to Spanish servicer Haya Real Estate, which is owned by Cerberus.
2 min read · 11 August 2017
Following Santander’s rescue of Banco Popular, its JV deal with Blackstone to tackle €30bn of distressed real estate assets could prove a success story for both the bank and the private equity real estate giant.
3 min read · 10 August 2017
Germany’s pbb Deutsche Pfandbriefbank has provided a €66 million loan to Reico and a €51 million debt facility to BlackRock.
2 min read · 10 August 2017
German mortgage bank Berlin Hyp reported a new lending volume of €3.1 billion in the first half of 2017, which represents a 6.89 percent increase year-on-year.
2 min read · 10 August 2017
Tunstall Real Estate Asset Management has raised €55 million at the first closing of its new Netherlands-focused discounted pay-off debt fund.
1 min read · 09 August 2017
The New York-based firm will finance the deal mostly through debt as it uses equity from its €7.8 billion Europe V fund.
3 min read · 09 August 2017
