Term Sheet

Term Sheet: Brookfield’s largest European property loan, Apollo’s latest IOS financing, Patrizia’s ‘re-infra’ drive

Brookfield writes its largest European real estate loan to date in a UK outlet retail deal; Apollo Global Management pushes further into the industrial outdoor storage financing market; Patrizia sources debt for its ‘re-infra’ properties; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Cottonwood’s $1bn fundraise; CIM’s Dallas conversion; Texas ERS’s top real assets swap

Cottonwood is capitalizing on capital stack dislocations with $1bn of capital newly lined up for its special situations strategy; CIM Group is channeling office-to-residential conversion momentum into the Southern US with the close of a $132.5m loan in Dallas; Texas Employees’ Retirement System is undergoing a change of guard at its top real assets spot with Bob Sessa’s retirement; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: Apollo eyes smaller loans, ICG backs data centre scheme, REC Europe’s Active Lenders 2025 launches

Apollo Global Management seeks out exposure to smaller loans through the launch of a small- and mid-market lending platform; ICG Real Estate provides financing to help pave the way for a major London data centre; Real Estate Capital Europe calls for submissions for the 2025 edition of Active Lenders; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: ING, Cheyne, BGO among those to provide London loans, SRT transactions in the spotlight, Revolut staffs up for property lending

Lenders including ING, Cheyne Capital and BGO have been busy writing significant loan deals in the London market; synthetic risk transfer analysed as banks and debt fund managers put their heads together; Revolut makes hires as the challenger lender targets real estate financing; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Nido’s Iberian borrowing, a refinancing for 1 Broadgate, REC Europe takes the industry’s pulse

Nido Living has sourced a significant financing as it builds out its Iberian student housing portfolio; British Land and GIC have secured fresh debt for a recently completed office scheme in London; Real Estate Capital Europe’s survey of the industry has launched; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Canary Wharf offices see value rise, Aexx Capital’s €55.3m whole loan for luxury residential, Niam Credit gains new investment chief

Canary Wharf refinancing pressures ease following boost to office values; Aexx Capital issues whole loan for Spanish luxury residential amid heavy buying demand; Niam Credit hires former PGIM executive as its chief investment officer; and more in today’s briefing, exclusively for our valued subscribers.

Term Sheet: Private alternatives’ 401(k) future; Invesco’s billion-dollar bump; California’s construction decline

Private real estate credit managers are sizing up 401(k) plan investor potential following a Trump administration executive order to open investing access; Invesco logs $1.8 billion of commercial real estate loans with a secondquarter boost in activity; California may see construction drought conditions that increase lender competition across fewer available deals; and more in today’s Term Sheet, exclusively for our valued subscribers.

Term Sheet: pbb’s management move, Blackstone hands back keys in Dublin, Delancey’s bank partnership

After a fortnight’s absence, Term Sheet is back with the key happenings of the past two weeks; Germany’s pbb Deutsche Pfandbriefbank makes a major strategic acquisition; Blackstone hands back the keys of a Dublin office portfolio to its lender; Delancey partners with a challenger bank for real estate credit; and more in today’s briefing, exclusively for our valued subscribers.