Hospitality

The specialist lender alleges that valuers Savills and Avison Young, and a UK law firm, negligently advised it.

Against an ever-changing macroeconomic environment, lenders have to be prepared for opportunities and challenges that arise. That means constantly evolving a strategy that is structured to be successful throughout an entire economic cycle.

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.

The Florida-based hotel specialist identifies an opportunity set within the hospitality sector in particular.

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

The PERE Credit Lending Barometer, which tracks representative data on US and European commercial real estate lending, tracked $12.9bn of new originations across 93 transactions in the US in May.

The Spanish manager has raised 70% of targeted capital for the vehicle, which includes real estate lending in its remit.

The managers will be using a blend of senior debt and C-PACE capital to revitalize Reef Capital Partners’ 32-acre Coco Palms Resort in Kuaui.