BNP Paribas in €793.5m French residential refinancing

BNP Paribas has provided €739.5m of fresh debt to refinance a French residential vehicle and its 7,140 unit portfolio. The finance has been issued to Powerhouse France, which is managed by TwentyTwo Real Estate. TwentyTwo Real Estate is the company set up in 2012 by former Perella Weinberg partner Daniel Rigny.