Lending

Dutch manager Coral Capital fully invests third debt fund

The firm has originated two loans, one in Germany and the other in the Netherlands, ahead of a fourth fund launch.

Generali adjusts senior strategy to meet demand for higher leverage

As borrowers increasingly seek whole loans, senior funds are more difficult to deploy, according to the manager’s head of commercial debt funds.

Former Bain duo’s new firm originates first loan

Atlas Capital Partners, founded by Sean Tarrant and Christoph Nickel, has provided a £15m refinancing of a Knightsbridge residential asset.

Bank of England adds to concerns regarding commercial real estate risk

The Bank of England has warned global falling property values could lead to losses for creditors, echoing concerns shared by the European Central Bank.

Rothesay grows residential loan book with £110m financing

The insurance company lender has provided a loan against Get Living’s New Maker Yards in Salford.

CBRE IM secures £1.1bn Battersea Power Station refinancing

The financing replaces construction debt put into place in 2019.

Värde provides €70m refinancing for mixed-use portfolio in Ireland

The sponsor – developer the Moran Group – attempted to sell one of the assets, the Rockpoint apartment complex, last year.

MIPIM 2024: Attendees hopeful for rate cuts, expect more NPLs

There was optimism at the Cannes event for more transactions amid predicted falls in interest rates, but several expect distress on European bank loans

Germany’s pbb Invest readies maiden whole loan property vehicle

The subsidiary of German lender pbb Deutsche Pfandbriefbank is speaking to investors about raising up to €500m.