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
Societe Generale leads a data center charge with a $600 million construction financing package for a Blue Owl-linked sponsor group; Pembrook Capital Management plans to launch two funds to fuel affordable and workforce housing stock; Barings looks to Boston’s Seaport District for a year-end $115 million refinancing deal; and more in today’s Term Sheet, exclusively for our valued subscribers.
4 min read · 20 December 2024
Canyon Partners Real Estate puts its capital-raising abilities on display with $1.2 billion lined up for the third iteration of its real estate credit strategy; high-tier hospitality remains a refinancing bright spot with Fontainebleau lining up a $1.2 billion package for a Miami Beach resort; Tyko Capital continues its year-to-date origination run with a $280 million deal to convert New York’s 77 Water Street from office to residential; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 13 December 2024
Canary Wharf Group’s refinancing loan from Apollo Global Management rounds off a significant year of borrowing for the landlord; Aareal Bank’s loan to a north German outlet shopping property indicates lender appetite for the retail format; Delancey gets behind the launch of a secure income lender, broadening its real estate reach; and more in today’s briefing, exclusively for our valued subscribers.
6 min read · 11 December 2024
Brookfield continues building its lending market share with a $1 billion loan portfolio acquisition from Valley National Bank; Partners Group expands its real estate credit footprint with the addition of Empira Group to its business portfolio; private credit managers and lenders look to private wealth for fresh fundraising avenues; and more in today’s Term Sheet, exclusively for our valued subscribers.
6 min read · 05 December 2024
Brookfield provides financing in the UK single-family rental sector as it aims to ramp up lending; Blackstone’s latest CMBS features tighter pricing than recent issues; Canary Wharf Group sources an equity backstop ahead of upcoming debt maturities; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 28 November 2024
Tyko Capital originated its third major Miami development loan since July; a non-performing loan on a Pittsburgh trophy office is up for sale via JLL; Lone Star names a new head of real estate; and more in today’s Term Sheet, exclusively for our valued subscribers.
4 min read · 27 November 2024
The financing of real estate takes a prominent position in discussions at COP29; Blackstone remains Europe’s largest CMBS sponsor with its latest deal; DWS sounds a positive note about lending; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 20 November 2024
Kennedy Wilson builds private lending scale with an estimated $1.2 billion of deals slated to close before year-end; the retail sector is having its moment in the spotlight as managers zero in on bigger deals and take-private moves; Mavik Capital comes up clutch with $172 million financing to complete construction for Houston-area luxury multifamily asset; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 14 November 2024
Amid a relatively slow loan sales market, re-performing loans have changed hands in Iberia; US manager Kennedy Wilson highlights property lending as it discusses this year’s performance to date; real estate finance is on the agenda as the COP Summit gets underway in Baku; and more in today’s briefing, exclusively for our valued subscribers.
5 min read · 13 November 2024
