Real estate managers are contending with US President Donald Trump’s tariff rhetoric as Mexico and Canada leadership responses loom large; Heitman has $800 million of fresh capital lined up for the third iteration of its credit strategy; Chicago Teachers’ investment committee holds off on an allocation to Basis Investment Group at February meeting; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 06 February 2025
UK insurer and pension provider Phoenix Group looks outside its home nation for real estate debt opportunities; Castlelake and Niam Credit make whole loan lending plans for the Nordics; Denmark’s Heimdal Nordic hits a first close on its fundraising; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 06 February 2025
Term Sheet: Apollo and Barings’ Indianapolis hotel financing; Federal Reserve keeps rates steady; Oaktree taps PACE market for Los Angeles office tower
5 min read · 30 January 2025
French manager AXA IM Alts demonstrates investor demand with impressive fundraising figures; US manager Blackstone backs the first European commercial mortgage-backed securities deal of 2025; Quintain borrows from Bank of America in its latest Wembley Park financing; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 30 January 2025
Commercial real estate debt lenders contemplate the impact of President Trump’s second term; Ralph Rosenberg is set to chair KKR’s merged real estate and infrastructure business lines; New York Life finds mixed-use financing momentum in North Carolina courtesy of Hines and Affinius; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 23 January 2025
Cheyne Capital finances 75 London Wall in a major office development loan deal; LaSalle Investment Management provides its second significant student housing deal of 2025; Ashen Capital, established last year, pushes into residential lending; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 22 January 2025
Berkshire and Limekiln are set to target more bridge lending opportunities following a $2 billion capital raise for a joint strategy; The real estate executive shuffle has kicked off with GIC, Madison Realty and Parkview each making senior appointments; North Bridge and ACORE Capital blend C-PACE and senior lending for a $161 million Las Vegas construction deal; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 16 January 2025
With gilt yields reaching post-GFC highs, the UK’s economic issues threaten to impact real estate lending; US manager Värde Partners completes two significant lending deals, indicating the opportunities for non-bank lenders; Close Brothers hires from CBRE as it pushes into student housing and build-to-rent lending; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 15 January 2025
Term Sheet is back for the new year, with lending industry hopes high for an improved market; Brookfield tackles debt maturities on two London office assets; Aareal Bank issues a large-ticket loan for Polish and German logistics; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 09 January 2025
Tishman Speyer and Henry Crown have kickstarted 2025’s CMBS activity with a $2.85 billion financing package for Hudson Yards’ Spiral; Brookfield is not backing off debt opportunities with a $484 million Bay Area life sciences financing in the bag; Fitch outlines more CMBS volatility for offices as other sectors regain footing in 2025 and beyond; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 09 January 2025
