Refinancing

Affinius closes $120m refi for San Diego multifamily mid-rise

The San Antonio-based manager continues its active 2026 lending pace with the backing of a 302-unit asset on behalf of AAA Management.

Blackstone, JPMorgan AM close $281m IOS portfolio financing for Catalyst

The real estate debt managers will refinance 77 properties across 12 markets on behalf of Catalyst IOS Fund II.

Lenders deny manipulating valuation of Brussels tower in High Court dispute

CBRE Loan Services denies allegations that it and lenders to Belgium’s largest office building pressured valuers.

Kayne Anderson: Discipline and creativity define the best risk-reward in real estate credit

A relative value approach to investing across public and private markets, combined with the ability to structure bilateral deals and maintain control, is how to drive outperformance, argues Lee Levy, head of real estate debt at Kayne Anderson.

BGO on separating signal from noise in global real estate credit

Access to detailed information at both market and asset level will determine real estate credit managers’ ability to identify and price risk in a fast-changing market, argues BGO’s Jim Blakemore.

Last week’s Treasury spike may force lenders back into problem-solving mode

Higher borrowing costs could slow commercial real estate lending and investing.

Generali Real Estate closes largest loan to date with €330m Madrid hotel deal

The manager’s CEO described the refinancing of the Four Seasons Madrid as transformational for the firm.