Borrowers

Ascent hires Richardson for new chief credit officer role

John Richardson joins the firm from Arbor Realty Trust, where he filled a similar role.

Real estate private credit should be a standalone asset class, Driftwood report argues

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

Affinius continues European credit push with €182m Irish preferred equity deal

The US manager has teamed up with Macquarie to provide the facility as part of a multifamily refinancing.

Smith Hill brings on Stein to expand debt platform

The Procaccianti Companies affiliate adds a two-decade veteran of Torchlight Investors, Brookfield and Credit Suisse to its lending team.

Exclusive: Eldridge funds $278m refinancing for trophy Atlanta office

The financing comes amid a resurgence in activity for high-quality office properties.

Lenders take creative tacks to scale $875bn US multifamily maturity wall 

Sponsors need to close the door on a wave of 2021-vintage, floating-rate loans that are approaching or have reached their final maturity.

Rialto, Hines fund a $229m refi for historic Manhattan office 

The Textile Building received a bridge loan boost after its post-pandemic renovation with backing from PGIM, Tribeca Investment and Meadow Partners.

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.

Iran ceasefire collapse reignites rate-hike prospects for European borrowers

Swap rates in the UK and eurozone rose on news of a collapse in the ceasefire agreement between US and Iran on July 8.