David Hatcher
MetLife Real Estate Investors is planning to raise its first real estate debt fund, Real Estate Capital’s sister magazine PERE has learned.
The new vehicle, MetLife Commercial Mortgage Income Fund, is considered a companion to its MetLife Core Property Fund and would be one of the few open-ended real estate debt vehicles in the US market.
Loan to support £1bn pipeline
Institutions continue to flood into the sector
The Shariah-compliant bank will front the equity for a US-based investor and provide mezzanine debt for European real estate.
The former head of Lloyds Banking Group’s post-crisis property deleveraging drive will be managing director of CBRE's capital advisors division
Deal would result in major NAMA repayment
Deal will see Blackstone reduce cost of debt and take out cash
Helaba has provided two loans to Tritax Big Box held against UK logistics assets. The two five-year loans combine to £18.66m and have an overall loan-to-value of 39.3%. As a result of the deals the company’s blended margin payable across its financings is 1.75% above LIBOR and it has a gearing level of 38.4%. The […]
Bank responds to demand for Shariah-compliant finance
Bank readies itself for privatisation