News Analysis

Lenders, take heed of the data center backlash

Social and political opposition is a growing risk to all stakeholders in the rapidly growing sector.

Nuveen Green Capital closes largest-ever C-PACE loan in Massachusetts

The firm funded a $281m financing backed by the residential component of Winthrop Center, a 62-story, mixed-use property in Boston owned by Millennium Partners.

Exclusive: Prospect Ridge closes second debt fund at $800m

The fund will originate senior and subordinate debt across asset classes and geographies around the US.

NPS leans into real estate credit as commitments grew by 11%

The investor backed the likes of Madison Realty Capital, Cheyne and PAG in its latest disclosure, with debt making up a significant share of its new fund commitments.

Urban Partners holds first close on its second credit fund at €200m

The first close is backed by Danish institutional investors Industriens Pension and Lægernes Pension.

Finance Tower trial concludes after battle about lender influence over valuation

The UK High Court dispute saw PIMCO Prime, JLL and Valesco explain their roles in a valuation process that triggered a cash trap.

Mavik, Madison Realty team up for $56m acquisition finance package

New York-based Mavik funded a $12m preferred equity loan for the acquisition of a suburban Minneapolis industrial property.

Northern Trust CIO: Smaller LPs feel ‘steadier hands’ behind RE debt than private credit

OCIO and adviser to foundations and endowments has identified a higher comfort level with RE debt than alternatives.

New opportunity funds show changing definition for today’s distress

Private real estate lenders are set to be part of the solution to today’s version of distress.

Exclusive: Invesco sees originations spike as borrower demand rises

The firm also saw European origination volumes rise, according to Charlie Rose, global head of credit.