Debt

The Nashville-based manager is retiring existing debt linked to Rechler Equity Partners’ five-building Hampton Business District with the loan.

The industrial outdoor storage specialist used the funding to refinance maturing loans and secure 64 properties in Alterra IOS Venture II.

Massive capital hauls from Blackstone masked what was otherwise a tepid capital raising environment during the first half of the year.

The financing originated by BREDS replaces prior senior debt from AIG and a mezzanine loan from Related’s credit funds business for the first phase of The Journal.

The Paris-based insurer has appointed two senior executives to drive expansion of its North American and Asia-Pacific real estate units.

In its latest sector outlook, the asset manager advises investors to forego broad allocations and take a more targeted approach.

The London-based firm finds investors and wealth gatekeepers eyeing more opportunities for yield in real estate debt alongside broader private debt push.

In a new white paper, Ellington Management lays out an opportunity set where investment managers can step into a significant void as banks pull back.