Industry sentiment at CREFC Miami shows more optimism; DRC Savills Investment Management debuts US debt platform via Quadrant joint venture; Blackstone gears up for active investment period; Bank OZK, Wells Fargo and KeyBank kick off 2024 with loans blazing; Real Estate Capital USA’s 2023 awards voting to close next week; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 11 January 2024
The polls for the Real Estate Capital Europe Awards 2023 close on Friday; Canada’s Brookfield granted a year extension on Citypoint loan amid office market challenges; rating agency Scope outlines refinancing risk across European CMBS loans; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 10 January 2024
Voting is due to open in our annual awards, showcasing the best amid a challenging year; Abu Dhabi sovereign investor Mubadala forms an investment partnership that demonstrates the allure of European real estate debt; German and French banks close a major Dutch shopping centre refinancing; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 14 December 2023
Brookfield raises concerns about Signature Bank loan portfolio sale; US Congress proposes legislation to boost workforce housing creation; lenders say the clock is ticking for borrowers with near-term maturities; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 14 December 2023
Real Estate Capital USA publishes a first-of-its-kind DE&I survey in its latest magazine; Ex-Blackstone veteran Chad Pike launches Makarora to target private debt, equity and public real estate market opportunities; Oaktree and Franklin Benefit Street Partners look ahead to 2024 for debt fundraising efforts; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 07 December 2023
Real Estate Capital Europe’s Active Lenders of the year list shows that debt deals were not completely off the agenda; Phil Hooper, formerly of Pluto Finance and NatWest, steps into the lead property role at merchant banking firm Close Brothers; AEW defies the gloom with a more positive outlook for 2024; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 06 December 2023
Market watchers say forthcoming sale of Signature Bank’s loan portfolio could be a non-event for gaining clarity on valuations and pricing; Invesco has appetite for more strategic stakes following minority stake in last-mile industrial specialist Faropoint; CME and DWS anticipate rate cuts could start as soon as May 2024, and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 30 November 2023
Major lending deals led by Royal Bank of Canada and Aareal Bank demonstrate there is liquidity for the right assets; Starz Real Estate’s latest commitment hints at investor appetite for real estate debt; the European Central Bank remains mindful of banks’ exposure to commercial real estate; and more in today’s briefing, exclusively for our valued subscribers.
7 min read · 29 November 2023
Mega-manager Brookfield defies office market woe with €1.9 billion of refinancings in the past two weeks; Cheyne Capital’s lending ambitions grow with £7.5 billion (€8.6 billion) of fundraising plans; delegates at affiliate PERE’s New York event put debt at the heart of the conversation; and more in today’s briefing, exclusively for our valued subscribers.
7 min read · 22 November 2023
Blackstone, Related Fund Management and Starwood Capital Group among the bidders for parts of the Signature loan portfolio; Ready Capital identifies build-to-rent construction lending niche with latest strategy; Cottonwood originates a $240 million Boston luxury apartment development loan; and more in today’s Term Sheet, exclusively for our valued subscribers.
4 min read · 22 November 2023
