News

Private real estate credit seeing a new, global ‘rotation of capital’

Attendees at June’s PERE Credit 100 launch breakfast briefing heard the need for income is driving capital to real estate credit.

Barings funds acquisition of two Swedish cold storage assets

The loan was made on behalf of the Charlotte-based manager’s European real estate debt strategies.

TPG Credit, Harvest Capital close $600m Florida resi recap

Repeat borrower Metro Development Group will use the financing to recapitalize a portfolio of 10 residential communities.

Nuveen JV sources £125m UK single-family refinancing

Alongside Apache Capital, the US manager has secured capital for a Cambridge scheme.

Aviva refinances Time Equities’ Dutch offices with €168m loan

The facility, sourced by adviser Walker & Dunlop, refinances 19 properties in the Netherlands.

Invesco set for record six-month Europe lending on back of €300m Carlyle loans

The US firm said H1 has been the most active period for its credit business in the region since its 2020 launch.

3650 Capital funds $42m loan for Inland self-storage portfolio

The firm originated the financing through its Real Estate Credit Solutions strategy for a self-storage portfolio backed by the Inland Real Estate Group.

Lionheart, Schroders close $111.3m loan for Long Island condo development 

The deal marks Lionheart’s first construction financing in the area and will fund a 101-unit residential project in Mineola backed by multiple sponsors.

Madison Realty funds $115m refinancing for Santa Cruz resort

The property is the first luxury beachfront resort in Santa Cruz, California.

Australia’s Qualitas enters Europe with Starz acquisition

The Melbourne-based manager has added a European platform through the purchase of the mid-market lender.