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Asset manager Fortress Investment Group has acquired two portfolios of non-performing loans (NPL) with a combined face value of around €96 million, Real Estate Capital's sister title Private Debt Investor reported.
With less than 48 hours remaining until voting closes for Real Estate Capital’s 2015 awards, time is running out to have your say on the stand-out companies and deals of last year.
Private equity firms Patron Capital and Electra Partners have bought the home reversion equity release business of residential landlord Grainger for £325 million.
As 2015 ended there was a lot of discussion about the direction for property in 2016 particularly in the UK where the question was whether the market has peaked.
Ireland’s National Asset Management Agency (NAMA) is working on the final composition of two loan portfolio sales with a combined face value of €6.5 billion, which it plans to launch in the first half of 2016.
Votes continue to flow in for our second annual awards, but the accolades are still up for grabs. As battles are fought in key categories, there is still time for early leads to be dashed ahead of the 8 January 2016 voting deadline.
Allianz Real Estate has provided a $237 million (€218 million) loan to finance Patriots Plaza, a government-leased office complex in downtown Washington DC.
M7 Real Estate has secured a £20 million senior loan from Lloyds Bank to finance its purchase of a 47-acre regeneration site in the Midlands, Real Estate Capital has learned.
Allianz Real Estate France has agreed a €163.4 million long-term loan provided by insurance subsidiaries of the group to finance a portfolio of nine French office buildings.
Allianz Real Estate of America has provided a $200 million (€183 million) loan to a comingled fund managed by Clarion Partners to finance a mixed-use US property portfolio.
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