Loans In Focus

Loans in focus: Sigma Capital receives £268m from Morgan Stanley, Aviva provides £175m for London office, British Business Bank issues loan-on-loan facility

Sigma Capital receives £268 million (€305 million) from US investment bank Morgan Stanley to recharge credit facilities; Aviva Investors provides Arora Group with £175 million facility for a central London office asset; British Business Bank issues Close Brothers Property Finance with a £350 million loan-on-loan facility; 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.

Loans in focus: Apollo and GIC’s FiDi frenzy; Urban’s Jersey City development; Florida’s C-PACE record

Apollo and GIC are refreshing the capital stack behind GFP and Metro Loft’s 25 Water Street with an $835m loan after the asset’s conversion to a residential tower; Urban Investment Group is adding more momentum to Jersey City’s development momentum with a $200m affordable housing deal; Nuveen Green Capital tacks on C-PACE records with a $235m Florida development deal, as part of a wider $465m construction package; and more in our round-up of stateside loan deals from the past week.

Loans in focus: KKR backs Cain with £350m, Harworth Group receives RCF, Natixis Pfandbriefbank provides Phoenix Spree with €255m

Cain secures £350 million (€400 million) from KKR to refinance a UK industrial and logistics portfolio; NatWest, Santander and HSBC issue a £275 million revolving credit facility to Harworth Group; Natixis Pfandbriefbank provides Germany’s Phoenix Spree with a €255 million loan; 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.

Loans in focus: Natixis’ bet on Manhattan’s Upper West Side; Capital One’s push in the healthcare sector; King Street and Blue Owl’s New York office play

Natixis is backing an Upper West Side rental multifamily property with a $260 million refinancing; Capital One Healthcare is funding a national healthcare portfolio through a $171m loan; King Street and Blue Owl’s $500m refinancing demonstrates the strength of Class A New York office; and more in our round-up of stateside loan deals from the past week.

Loans in focus: A €358m Finnish retail refinancing, a €500m bridge loan for France’s Argan, a student loan from Eldridge

Aareal Bank, Danske Bank and OP Corporate Bank issue €358m for Helsinki’s Mall of Tripla; JPMorgan, Crédit Agricole CIB, BNP Paribas and Societe Generale issue a €500m bridge loan to Argan; Eldridge Real Estate Credit provides a £146m facility for a purpose-built student accommodation development; 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.

Loans in focus: Apollo and Ares to provide Blackstone with €1.5bn, Just Group issues £136m to refinance seven London offices, ING refinances four Spanish industrial parks

Apollo Global Management and Ares Management are close to agreeing a €1.5bn deal to refinance Blackstone’s Spanish build-to-rent company; Just Group issues a £136m loan to Oval Real Estate; ING provides Accolade Industrial Fund with a €56m loan to refinance four logistics parks in Spain; 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.

Loans in focus: Värde’s med center close; Scale’s Miami pairing; Mesa West’s Charlotte addition

Värde Partners sealed a $48m medical office refinancing loan to expand its Mountain West presence; Scale Lending is doubling up on Miami construction opportunities with the close of a $460m facility for two Namdar-backed residential towers; acquisition financing is on tap from Mesa West Capital as the firm eyes Charlotte’s steady market momentum; and more in our round-up of stateside loan deals from the past week.

Loans in focus: Kinnerton provides €91m for Copenhagen residential project, Puma issues £31m to fund UK care homes, Topland provides debt for Oxford Street purchase

Nordic manager Kinnerton Capital provides a €91m senior construction facility for a residential project in Greater Copenhagen; Puma Property Finance issues a £31m loan to fund UK care home developer North Bay; Topland Vintage Group provides debt secured by a retail and office building on London’s Oxford Street; 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.