UK institutional investors favor London, South East for residential investments
Institutional investors are becoming increasingly selective about regions when choosing residential property projects to support with London, the South East, South West and West...
Pbb provides €115m credit facility to abrdn property fund
Pbb Deutsche Pfandbriefbank (pbb) has provided a €115.4 mn credit facility to abrdn European Balanced Property Fund SICAV-FIS. The facility is secured on a...
CIM provides $120m construction loan for mixed-use project in Orlando
CIM Group-managed fund has provided a $120 million construction loan to Property Markets Group (PMG) and Raven Capital Management to finance Society Orlando, a...
European CMBS and commercial real estate face credit risks from economic uncertainty
New CMBS (commercial mortgage-backed securities) issuance in Europe will continue to be backed by moderately leveraged loans in 2020 as recessionary dangers and political...
Veld Capital provides €63m loan for refinancing of Dutch hospitality assets
Veld Capital, a private credit and real estate specialist investor, has provided a €63m senior secured loan for the refinancing of hospitality assets to...
Allianz provides £120m of debt for prime asset acquisition in London
Allianz Real Estate has provided GBP120 million (EUR141 million) in debt financing to The Office Group (TOG), majority owned by real estate funds managed...
WeWork secures new $1.1bn commitment from Softbank
The We Company, a parent organization of WeWork, told employees on Thursday that it cut its cash burn rate almost in half to US$671...
Précis Capital forms funding partnership with Carlyle
Précis Capital Partners has formed a funding partnership with the Global Credit segment of investment firm Carlyle. The partnership will provide development loans in...
WeWork announces completion of new letter of credit facility
WeWork (“the Company”), the world’s leading co-working and space-as-a-service platform, today announced the closing of its new $1.75 billion senior secured letter of credit...
Cromwell European REIT secures €625m facility for debt refinancing
Real estate investor and manager Cromwell Property Group has assisted Cromwell EREIT Management to raise and conduct a €625 million unsecured debt refinance, on...
