Term Sheet

Term Sheet: JPMorgan’s $7.1bn Texan bet; Greystone’s CRE CLO close; S3’s South Florida streak

JPMorgan Chase doubles down on its data center convictions with a $7.1 billion financing for a Blue Owl Capital-linked joint venture; Greystone hops onto the year-to-date securitized financing wave with its $901.3 million CRE CLO closure; S3 Capital expands its East Coast debt exposure with a $112 million development financing deal; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: Brookfield’s CMBS relaunch; Beach Point’s $545m fund; Peachtree’s PNW financing

Brookfield relaunches efforts to refinance its trophy Ala Moana center with commercial mortgage-backed securities financing; Beach Point aims to make mid-market moves with its inaugural real estate credit strategy close at $545 million; Peachtree Group extends C-PACE financing streak with a suburban Portland construction completion deal; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: pbb Deutsche Pfandbriefbank ends ‘poisonous’ US relationship; Aareal Bank ramps up property lending in Q1 2025; DeA Capital obtains €550m from a club of lenders

Frankfurt-headquartered pbb Deutsche Pfandbriefbank ends ‘poisonous’ relationship with the US; Germany’s Aareal Bank sees property lending up markedly in Q1 2025; Rome-based manager DeA Capital obtains €550 million from a conglomerate of European banks; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Blackstone’s data backing; Invesco’s $1.2bn CRE CLO; Starwood’s insurance CIO hire

Blackstone is increasing data center credit exposure across its real estate portfolio with a $925 million debt facility for sector specialist Colovore; Invesco adds $1.2 billion of securitized market momentum with its inaugural CRE CLO close; Starwood adds an insurance strategies investment chief to its ranks to bulk its credit expertise; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: A UK lending uptick, Brookfield bullish on credit, Germany’s debt challenges

The latest survey of the UK commercial real estate lending market by Bayes Business School highlights positives and negatives for the sector; Brookfield indicates its ambitions in private credit, including real estate debt; CBRE highlights the continued debt funding gap facing Germany’s property sector; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Fed’s rate fortitude; Durst’s Manhattan recharge; Hudson Bay’s credit fund close

Commercial lenders have some room to let current investment theses breathe with the Federal Reserve keeping rates unchanged; The commercial mortgage-backed securities market gets another office boost with a $250 million refinancing for the Durst Organization; Hudson Bay has more than $300 million of dry powder lined up with the close of its inaugural real estate credit fund; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: Oaktree’s Iberian lender acquisition, Aberdeen lends beyond the UK, deal disruption unpicked

Los Angeles-based manager Oaktree has expanded its Iberian real estate lending through a platform acquisition; Edinburgh-headquartered manager Aberdeen has lent in Ireland as it seeks to broaden its geographical scope; affiliate title PERE Deals examines tariff disruption’s impact on private real estate dealflow; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: A long-awaited London office refinancing, Blackstone goes to Norway, Leumi UK writes back leverage loan

The Aldgate Tower office building in London is refinanced following extensions to its outstanding debt; Blackstone completes its first Norwegian property lending deal as alternative lenders explore the Nordics; Leumi UK arranges a loan-on-loan facility for a UK manager; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Pretium’s SFR deal stasis; Affinius’s senior debt strides; Mesa West’s Georgia grab

Pretium places a $788.5 million single-family residential financing on pause as securitized deals walk a tightrope of macro-market volatility; Affinius stays in the senior lending driver seat with a $148.5 million financing in San Diego; Mesa West finds more than collegiate football success in Georgia with a $134 million student housing refinancing deal; and more in today’s Term Sheet, exclusively for our valued subscribers.