News Analysis

The facility, sourced by adviser Walker & Dunlop, refinances 19 properties in the Netherlands.

The refinancing comprises a $140m loan and a $82m loan for two separate Class A properties in Manhattan.

The New York-based manager has tracked nearly $1.03bn in originations over the past two weeks across hotel, multifamily and office-to-residential deals.

A recapitalization plan by the US manager has reached an impasse as a Belgian court considers GH Group’s future.

The UK multifamily deal reflects a bigger push by global real estate credit managers into the European market.

The Klirmark Capital-partnered platform will focus on US construction and bridge loans across the multifamily and for-sale residential sectors.

The US firm said H1 has been the most active period for its credit business in the region since its 2020 launch.

Firms which rank among the biggest non-bank lenders to UK real estate are among those contributing to a major stress-testing exercise by the central bank.

The firm is adding to its New York City conversion tally with 1740 Broadway’s reconfiguration into a 420-unit residential offering.

The firm originated the financing through its Real Estate Credit Solutions strategy for a self-storage portfolio backed by the Inland Real Estate Group.