Office

The Seoul-based real estate manager suggests any sale of its Finance Tower in Brussels should not be until 2029.

The firms have re-upped for Nuveen’s latest fund, with CPP’s head of APAC credit Raymond Chan citing ‘attractive opportunities’ in the Australian market.

The sponsors will use the loan to refinance maturing debt.

The fund will deploy flexible capital across a broad swath of real estate and real estate-related opportunities.

A record US office CMBS special servicing rate suggests an increasingly proactive refinancing and workout environment.

Private capital is cementing its structural role in real estate credit, but with capital shifting toward multifamily and data centers and rate uncertainty persisting, lenders say underwriting discipline, not rate calls, is what sets the winners apart.

Funded by two bank lenders, the deal marks one of the largest ever development loans in the London office market.

The mixed-use property secured the financing as the New York office market continues to recover.

Hines Rialto Credit Partners was launched in 2024 with a ‘debt-first’ approach to the office sector.

Joel Tomlinson, who was the founder of Ares Management’s net-lease strategy, will work to help LNL expand its reach within the asset class.