US law firm Paul Hastings has hired restructuring and real estate lawyer David Ereira from rival Linklaters. Ereira, considered a big-hitter in City legal circles, focuses primarily on debt restructuring but also covers real estate finance, including advising on stressed and distressed real estate resolutions. He will join Paul Hastings’ London team as a partner […]
M7 Real Estate and Mount Street Loan Solutions have formed a new joint venture to act as a co-investor and operating partner in European non-performing loan deals.
ICG-Longbow, ICG's real estate debt business expects to exceed last year’s lending volumes after deploying more than £750 million across its funds so far this year.
Deutsche Pfandbriefbank (pbb) has provided a £28 million loan to finance Tristan Capital Partners’ latest investment in the UK regions. The facility finances the £45 million purchase of two retail parks, located in Luton and Sunderland, by Tristan’s European Property Investors Special Opportunities 3 (EPISO 3) fund from Hercules Unit Trust. The 62 percent loan-to-value, […]
Deutsche Pfandbriefbank (pbb) is on target to top its 2014 real estate lending volumes this year, although the bank’s CEO warned that competitive market conditions and margin pressure will persist beyond 2015. The German bank’s new real estate lending, including loan extensions of more than one year, was €7.9 billion during the first nine months […]