News

Minimal lender impact seen after instability issues at Pfizer office conversion

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

Affinius closes $188m refi for New Jersey mixed-use complex

San Antonio-based manager continues its 2026 lending streak with a deal backed by PCCP, Claremont Development and Stanberry Development group.

Maxim Capital funds $300m loan for New York residential development

The sponsors, Grubb Properties and Pink Stone Capital, lined up another $77m in mezzanine financing from a group of lenders.

Park Madison sees US rate hike on the cards as inflation accelerates 

The capital advisory firm pointed to a strong labor market and accelerating inflation as factors likely to drive the Federal Reserve to raise interest rates.

Lender sentiment in Germany ‘collapses’ as Iran crisis takes its toll

A survey shows banks are more selective on origination, as fears grow that inflation will push up interest rates.

Incus holds second close of €800m European asset-backed financing fund

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

More data will help spur Europe’s real estate lending market

The region’s institutional equity markets are reasonably transparent. The private debt markets must follow suit.

Data reveals fourfold increase in ‘active’ UK real estate debt providers over 15 years

Analysis by CREFi, a real estate debt data platform, attributes the growth to the expansion of non-bank lenders.

Game, set, duration match: How real estate credit is serving an ace for insurers

More insurance company investors are moving toward allocations and partnerships with US and European real estate private credit managers as their income needs grow.