Europe

The transactions will fund more than 840 student beds, plus affordable housing and commercial space in the UK capital.

The firm made the acquisition on behalf of several of its investment platforms.

Crestline Management recently closed its $625m European Capital Solutions Fund II, eyeing Spanish residential development.

The five-year facility for Aprirose comes amid a growing focus on social housing delivery in the UK.

The UK company made its lending debut in the retirement sector as it grows its overall financing activities.

North America dominated both funds closed and funds in market.

The Lending Barometer found that about 51.3%, or $70.3bn, of loans tracked year-to-date were comprised of refinancings.

Property lenders are keeping their cool amid the slide in bonds, but their focus on asset selection is set to intensify.

The Canadian firm’s Prashant Raj and Derek Richter explain why Europe’s real estate private credit market is a match for pension fund capital.