Insight

Term Sheet: Standard Chartered issues €238m facility for Dublin development; MSCI says tariff tensions have spoiled deal momentum in real estate; Wells Fargo hires new head of European CMBS desk

London-headquartered lender Standard Chartered issues a €238 million green loan to refinance one of Dublin’s tallest buildings; MSCI reports tariff tensions and geopolitical uncertainty have spoiled investment momentum in global real estate; San Francisco-headquartered investment bank Wells Fargo hires James Hawkins to lead its European commercial mortgage-backed securities desk; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: JPMorgan’s $7.1bn Texan bet; Greystone’s CRE CLO close; S3’s South Florida streak

JPMorgan Chase doubles down on its data center convictions with a $7.1 billion financing for a Blue Owl Capital-linked joint venture; Greystone hops onto the year-to-date securitized financing wave with its $901.3 million CRE CLO closure; S3 Capital expands its East Coast debt exposure with a $112 million development financing deal; and more in today’s Term Sheet, exclusively for our valued subscribers.

Lenders circumspect as tariffs policy impact remains unclear

Tariffs plan adds a new set of risks few had factored into business plans.

Aukera aims to amass €500m lending pot in time for German recovery

The manager says it is ‘confident’ it can begin deploying the capital, via small-ticket senior loans, this year.

LACERS adds Mavik Capital allocation amid calls for more opportunistic RE

The California pension has made its first real estate commitment since setting a reduced pacing plan targeting niche, distressed assets.

Madison’s Dickerman: There is ‘unmet demand’ for UK development financing

Ronald Dickerman, president and founder of Madison International Realty explains the rationale behinds its recent investment in Puma Property Finance.

Loans in Focus: Urban Splash sources £50m for rental homes acquisition spree, Venn issues £75m to support affordable homes provider, EBRD subscribes to €350m bond issuance

UK developer Urban Splash sources £50 million (€59 million) of bank finance to fund its rental homes acquisition spree; Venn issues a £75 million facility to support an affordable homes provider; the EBRD subscribes to a Lithuanian property company’s bond; 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.

US real estate investors look to allocate more capital overseas

The country’s deglobalization push is causing groups like CalSTRS and CalPERS to consider globalizing their property portfolios.

Term Sheet: Brookfield’s CMBS relaunch; Beach Point’s $545m fund; Peachtree’s PNW financing

Brookfield relaunches efforts to refinance its trophy Ala Moana center with commercial mortgage-backed securities financing; Beach Point aims to make mid-market moves with its inaugural real estate credit strategy close at $545 million; Peachtree Group extends C-PACE financing streak with a suburban Portland construction completion deal; and more in today’s Term Sheet, exclusively for our valued subscribers.