News

Revetas’ rescue of Belgium’s GH Group stalls as lenders push for bankruptcy

A recapitalization plan by the US manager has reached an impasse as a Belgian court considers GH Group’s future.

Brookfield funds its largest European financing yet with £500m loan

The UK multifamily deal reflects a bigger push by global real estate credit managers into the European market.

KRE Capital Management debuts with $425m fund and $1bn-plus lending capacity

The Klirmark Capital-partnered platform will focus on US construction and bridge loans across the multifamily and for-sale residential sectors.

Invesco set for record six-month Europe lending on back of €300m Carlyle loans

The US firm said H1 has been the most active period for its credit business in the region since its 2020 launch.

Real estate debt managers help Bank of England shine light on private markets

Firms which rank among the biggest non-bank lenders to UK real estate are among those contributing to a major stress-testing exercise by the central bank.

Madison Realty funds $480m loan for Manhattan office-to-resi project

The firm is adding to its New York City conversion tally with 1740 Broadway’s reconfiguration into a 420-unit residential offering.

3650 Capital funds $42m loan for Inland self-storage portfolio

The firm originated the financing through its Real Estate Credit Solutions strategy for a self-storage portfolio backed by the Inland Real Estate Group.

CalPERS looks at increasing real estate debt in diversification push

The new private debt head at the $620bn California pension expects an increasingly diversified program, which has a 10% exposure to real estate debt, to perform well amid a ‘turbulent’ environment.

PERE Credit 100 launch arrives at an industry-wide inflection point

PERE’s debut ranking of the top 100 private real estate credit fundraisers is preceding a cycle where managers are expected to play a more significant role in refinancing and supporting the real estate industry’s transaction momentum.