German real estate debt fund manager Caerus Debt Investments, led by Michael Morgenroth (pictured), has reached a second close on its senior and whole loan fund, raising an additional €47 million of capital mainly from a German insurer.
2 min read · 12 July 2017
Bain Capital Credit has taken its first step into the Portuguese market with the acquisition of real estate loans that have a total outstanding balance of €476 million from a local bank, as well as loans from a Spanish bank at a par value of €489 million.
2 min read · 12 July 2017
Spain and Portugal look set to feature prominently in the European real estate loan sales market during the second half of 2017, with investment banking firm Evercore reporting €44.1 billion of live sales in Iberia at the mid-year point.
3 min read · 12 July 2017
LaSalle Investment Management has written its first loan in the Spanish market, financing the purchase of a student housing portfolio for sector specialist GSA.
2 min read · 11 July 2017
BlackRock has held a first close on its UK Strategic Alternative Income Fund, which will invest in real estate debt among other asset classes.
2 min read · 10 July 2017
Dutch lender ING Bank has written a €120 million term loan that will be used to continue the refinancing process of the CBRE Global Investors Dutch Retail Fund’s debt facilities.
1 min read · 07 July 2017
Irish housebuilder Cairn Homes has secured a €50 million two-year loan from Activate Capital, a Dublin-based residential development lender.
2 min read · 05 July 2017
The peaks in the last two real estate cycles were predictable and lenders could have avoided massive losses if long-term asset values had been adequately monitored, a group of senior industry figures has concluded.
3 min read · 03 July 2017
The growth rate in new German commercial property finance business halved during 2016 to 10 percent and is set to decrease to 5 percent this year, the latest German Debt Project Report has shown.
2 min read · 30 June 2017
A diverse mix of lenders is willing to finance a broad range of property across the UK, although the leverage and pricing they are prepared to offer varies significantly, new research from Capita Real Estate Finance has shown.
3 min read · 29 June 2017