Insight

Why flex living is capturing Spanish lenders’ attention

Borrowers are demanding financing to fund innovative types of accommodation amidst a housing crisis in the country.

PGIM issues its largest German loan to date, sees growth opportunities

The manager says alternative debt providers are increasingly competitive against domestic lenders.

Term Sheet: PERE Credit’s October-November edition; ORIX’s US expansion; BSP’s $1bn CRE CLO

Office investing and lending is not without optimism as market participants break down the sector’s opportunistic evolution in the cover feature of PERE Credit’s October-November edition; ORIX USA sizes up a commercial real estate debt expansion with the hiring of Dean Dulchinos from AEW to spearhead its stateside ambitions; Benefit Street Partners adds a spark to the commercial real estate collateralized loan obligation market with a $1 billion close; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: A Blackstone-backed logistics CMBS, Invesco’s largest European property loan to date, Carney warns on obsolescence

The latest European CMBS deal reflects lender and sponsor appetite for logistics real estate; Invesco’s largest European real estate loan so far puts it on course for a record year; former Bank of England governor turned Brookfield Asset Management chair Mark Carney warns on real estate obsolescence; and more in today’s briefing, exclusively for our valued subscribers.

M&G provides £200m across UK retail warehousing and logistics loans

The manager has provided the facilities to a partnership between Delancey and Tritax, and PineBridge Benson Elliot.

Invesco provides largest European real estate loan to date for €272m

The loan refinances a portfolio of prime logistics assets located across three countries.

Is your ESG role working for you? Have your say

Our short survey gives you the opportunity to share your experiences of working an ESG role within real estate.

ProsperCap finds strong lender demand for hotels during £310m refinancing

The Singaporean firm said several lenders pitched to take part in the UK portfolio financing deal.

Term Sheet: Apollo’s Brooklyn bet; Maryland’s allocation to debt; C-PACE’s data center deal

Brooklyn’s Greenpoint neighborhood continues its private credit overhaul with a $159 million Apollo refinancing deal; BH3 Management is the latest beneficiary of the pension fund focus on real estate debt, with an allocation from Maryland State Retirement and Pension System; a Houston data center deal achieves lift-off with Nuveen Green Capital lining up C-PACE financing for its development; and more in today’s Term Sheet, exclusively for our valued subscribers.