Industrial

Mavik, Madison Realty team up for $56m acquisition finance package

New York-based Mavik funded a $12m preferred equity loan for the acquisition of a suburban Minneapolis industrial property.

Exclusive: Invesco sees originations spike as borrower demand rises

The firm also saw European origination volumes rise, according to Charlie Rose, global head of credit.

ACORE funds $140m refinancing for self-storage continuation vehicle 

The deal comes amid an uptick in financing for continuation vehicles for real estate private equity managers seeking to extend the lives of funds.

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.

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.

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.

TPG, Blomfield secure £100m to boost UK IOS strategy

Leumi UK provided the financing to help grow the JV’s Concreit platform.