Term Sheet: Cheyne’s European credit milestone; Avila’s homebuilding fund; Corebridge’s Manhattan venture
In today's edition, Cheyne Capital Management has raised around £3 billion ($4 billion; €3.5 billion) across the ninth vintage of its European real estate debt strategy; Avila Real Estate Capital has lined up two commitments totaling $390 million for its land acquisition and development debt fund; Corebridge is financing a Tenth Avenue mixed-use property with a $293 million permanent loan; and more in today’s Term Sheet, exclusively for our valued subscribers.
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