REC staff
Lending in German markets will remain a core focus for the firm, according to PIMCO’s Roman Kogan and PIMCO Prime Real Estate’s Roland Fuchs.
In a major move for a real estate debt specialist, Blackstone’s Jonathan Pollack is heading to Starwood; researchers at manager AEW publish figures around the likely scale of defaults and loan losses in the European property lending market; manager ICG Real Estate looks towards Continental European lending as it aims to raise €2 billion for its next fund; and more in today's briefing, exclusively for our valued subscribers.
The Fed’s scrutiny of US banks’ retail loans does little to quell concerns about contagion; pbb Deutsche Pfandbriefbank remains in the spotlight as a short seller says the bank needs to come clean about problem loans; Davidson Kempner could be the next big name to target real estate lending; and more in today's briefing, exclusively for our valued subscribers.
German lender pbb Deutsche Pfandbriefbank's share price takes a hit as the impact of US banking concerns is felt; Nine Elms developer finds a taker for its London scheme as it struggles with debt repayments; Panattoni reveals blind spots for lenders over green lending; and more in today's briefing, exclusively for our valued subscribers.
The surprise loss made by US lender New York Community Bancorp reignites concerns for US regional lenders; the repercussions of the failure of Austria’s Signa continue to be seen; global real estate fundraising figures illustrate a tough 2023 for capital raisers; and more in today's briefing, exclusively for our valued subscribers.
A luxury London apartment scheme backed by an Apollo loan becomes the latest example of distress in the market; Alantra attracts family office capital to grow its debt platform in a signal of credit’s allure to investors; former MARK executive Mark Gamble aims to help lenders through his new venture; and more in today's briefing, exclusively for our valued subscribers.
The European Central Bank’s latest warning on commercial real estate points to tighter lending conditions ahead; two lenders reported to have taken control of UK assets from borrowers in a sign of things to come; BGO defies a tough capital raising environment to exceed the equity target for its latest fund; and more in today's briefing, exclusively for our valued subscribers.
The South Korean junior lender to London’s No 1 Poultry to buy the senior debt in a noteworthy loan sale deal; Macquarie uses its balance sheet to refinance The Stage in London; AEW’s analysis shows Europe faces the largest regional debt funding gap; and more in today's briefing, exclusively for our valued subscribers.
The polls for the Real Estate Capital Europe Awards 2023 close on Friday; Canada’s Brookfield granted a year extension on Citypoint loan amid office market challenges; rating agency Scope outlines refinancing risk across European CMBS loans; and more in today's briefing, exclusively for our valued subscribers.
Voting is due to open in our annual awards, showcasing the best amid a challenging year; Abu Dhabi sovereign investor Mubadala forms an investment partnership that demonstrates the allure of European real estate debt; German and French banks close a major Dutch shopping centre refinancing; and more in today's briefing, exclusively for our valued subscribers.