The French asset manager, which is closing in on its first lending deals, will write senior loans on core, core-plus and value-add properties across continental Europe.
Debt funds have been a bright spot in private real estate fundraising lately. But at the same time, the capital piling into the strategy is concerning for some in the industry.
Glenhawk, a London-based bridging finance provider, is the latest start-up to target the gap in the UK market for short-term property finance focused on developments.
Banker-turned-debt fund manager Jim Blakemore is taking GreenOak Real Estate’s lending business into continental Europe.
The final close of Goldman Sachs’ latest global credit vehicle demonstrates the appeal of property debt to investors seeking access to real estate returns with the benefit of debt’s defensive profile.
Goldman Sachs has held a final close on its latest real estate credit fund, Broad Street Real Estate Credit Partners III, Real Estate Capital‘s sister publication PERE has learnt.
Whether by geography, sector or product, real estate finance providers are broadening their scope. Alternative lenders, particularly, are set to benefit from the drive to diversify.
French alternative investment fund manager Zencap Asset Management has closed its second real estate debt fund, focused on providing credit to value-add and opportunistic deals.
Patrizia’s supersonic year of growth finishes with the €7.8 billion capture of the London-based pan-Europe-focused private equity real estate firm.
French fund manager Amundi is aiming to build on its track record in real estate investment by entering the property lending market.