Residential

The Dallas-based lender raised $148.6m in its first close.

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.

The global alternative credit manager made the hire to increase its commercial real estate credit business.

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