Managers

Invesco lands UK pension pool commitment for European credit fund

LGPS Central, which invests on behalf of local government pension schemes, has allocated to the US manager’s CMI Europe.

Mercia targets up to £500m for UK real estate development debt fund

Birmingham-headquartered firm says investors are seeking regionally focused real estate debt strategies.

Affinius funds $177m loan for Florida student housing construction

The US manager provided the loan for a student housing development near the University of Central Florida that will be delivered in two phases.

Qualitas’s Schwartz: European expansion could rival Australian arm

Andrew Schwartz, the Melbourne-based manager’s co-founder, says Europe’s lending market offers significant scope for growth.

Liquid debt markets are fueling real estate recovery, Hines’ Scoville says

Josh Scoville, global head of research at the Houston-based manager, sees a more resilient outlook for the sector.

PERE’s relaunch – The editors’ take

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.

Tristan funds its largest-ever loan as it deploys from its second credit vehicle

The £340m loan on EDGE London Bridge is the UK manager’s largest since establishing its debt platform in 2021.

Peachtree funds $155m bridge loan for Orlando hospitality portfolio

The deal marked the Atlanta-based manager’s largest senior financing to date as it aims for a $3.5bn origination target in 2026.

Pearlmark holds final close for sixth mezzanine debt fund

The firm raised $528m for Pearlmark Mezzanine Debt Fund VI, exceeding its cap of $475m.

PGIM originates $228m refi for US industrial portfolio

The funding will be used by an undisclosed sponsor to refinance an eight-asset, 3.6 million-square-foot Class A industrial pool spanning six states.