Loans In Focus

Loans in Focus: Tyko’s Jersey City construction; Disney’s SoCal expansion; Madison Realty’s Pennsylvania build-up

Tyko Capital is picking up more construction momentum this week with a $358 million loan for a Jersey City residential development; Intervest and Builders are backing the first phase of a Disney-branded living project in Southern California with a $160 million loan; Madison Realty Capital blends senior and mezzanine financing in a $61.5 million loan for a Pennsylvania multifamily development; and more in our round-up of stateside loan deals from the past week.

Loans in Focus: PGIM’s Tampa tack; Times Square’s CMBS restack; Mesa West’s mile-high capitalization

PGIM Real Estate is putting debt capital to work this week with a $110 million refinancing package for a mixed-use tower in downtown Tampa; The Durst Organization is adding to refinancing momentum in New York City’s Times Square with a $1.3 billion CMBS refinancing deal; Mesa West originates a $52 million loan in Denver to refinance a Crow Holdings Capital-affiliated multifamily asset; the latest additions to the PERE Credit lending database; and more in our round-up of loan deals from the past week.

Loans in focus: pbb issues €322m for eastern European logistics, Deutsche Bank provides £1.25bn loan for Olympia revamp, Brookfield-backed aparthotel operator gets €322m

pbb Deutsche Pfandbriefbank issues a €322 million debt package secured by Eastern European logistics; Deutsche Bank provides a £1.25 billion (€1.44 billion) loan to refinance London’s Olympia exhibition centre in one of the biggest debt deals of the year; Societe Generale and Royal Bank of Canada underwrite aparthotels owned by Edyn, a Brookfield-backed hospitality operator; the latest additions to Real Estate Capital Europe lending database; and more in our round-up of European loan deals from the past week.

Loans in focus: Tristan issues €110m for self-storage platform, CTP receives €500m of debt, Derwent London secures £450m

Tristan Capital Partners issues a €110 million senior refinancing to 1BOX Group; Sumitomo Mitsui Banking Corporation, ING and a syndicate of banks underwrite a €500 million loan to CTP; Barclays, HSBC and NatWest provide a £450 million (€515 million) facility to UK property company Derwent London; 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: Bank of America securitises a £227m loan, Alpha Bank backs Romanian retail, Pegasus Homes obtains £120m

Bank of America securitises a £227.3 million loan backed by UK assets; Alpha Bank Greece and Alpha Bank Romania issues €175 million for Romanian retail real estate; Pegasus Homes obtains £120 million across two loans; 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: CaixaBank backs science and tech campuses, Morgan Stanley and Banco Santander issue €810m loan for retail owner, Rothesay finances student homes

CaixaBank refinances science and technology campuses across Spain; Morgan Stanley and Banco Santander issue an €810 million facility backed by shopping centres and retail parks; Rothesay provides £400 million (€462 million) loan to student housing owner Unite Group; 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: Maslow’s biggest loan to date, Antilooppi secures €520m facility, Supermarket Income REIT and Blue Owl receive £215m

Maslow Capital issues £500 million (€583 million) in its biggest loan to date; Finnish real estate company Antilooppi secures a €520 million facility from a syndicate of Nordic banks; Barclays is one lender among several behind a £215 million loan provided to Supermarket Income REIT and Blue Owl; 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: Bank syndicates issue large-ticket logistics RCFs, Banco Santander funds acquisition of Warehouse REIT, Apollo refinances UK’s Shinfield Studios

A banking syndicate refinances Legal & General’s Industrial Property Investment Fund; Banco Santander provides Tritax Big Box REIT with up to £600 million (€702 million) to finance its Warehouse REIT acquisition; Apollo Global Management refinances UK film facility Shinfield Studios; 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 finances Spanish residential takeover, Crédit Agricole backs Iberian student housing, KKR and Stonepeak line up Assura deal financing

Apollo Global Management provides circa €750 million to fund Neinor Homes’ acquisition of a rival listed Spanish residential developer; Crédit Agricole arranges €700 million to finance the acquisition of Brookfield Asset Management’s Iberian student housing platform; Jefferies International agrees to provide KKR and Stonepeak with £125 million (€146 million) for the firms’ planned takeover of Assura; 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: L&G lends large-ticket loan against UK cold storage, NatWest provides £275m across two deals, CAERUS backs Dutch mixed-use

L&G is one of two lenders behind a £500 million (€587 million) loan issued against five UK cold storage assets; NatWest provides £275 million of loans across two residential-focused transactions; CAERUS Debt Investments issues €55.5 million for a portfolio of mixed-use assets in the Netherlands; 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.