Starwood Property Trust is in talks to sell European real estate loan servicing and debt advisory firm Hatfield Philips International (HPI), which is led by chief executive Blair Lewis (pictured), according to an article by Bloomberg.
Closed-ended private real estate debt funds raised $18.95 billion in the first half of 2016, according to figures from PDI Research & Analytics.
The surprise Brexit vote blindsided the US CRE finance industry and could potentially derail modest progress to the faltering US CMBS markets, according to Kroll Bond Ratings agency.
A new report from PIMCO underscores the opportunities arising from volatility in the US CRE markets.
Park Plaza hotels owner-operator PPHE Hotel Group has refinanced its six Dutch hotels and two more in London with long-standing lending partner Aareal Bank.
Dutch bank ABN AMRO has promoted Brian McGirr to head of debt solutions in Asia and announced two other appointments in the team.
The volume of new lending by Aareal Bank’s structured property finance division during Q1 2016 was just half of the volume originated during the same period last year.
Horizon Asset Management, a Cayman Islands-registered fund manager which focusses on UK real estate, has launched an offering of bonds secured by residential property. The firm described the method of raising finance as a cost effective alternative to a traditional bank loan.
Henley Property Finance (HPF), a subsidiary of private equity real estate firm Henley, has provided £16.65 million of development finance to fund a residential scheme in Sutton, Surrey.
Online platform InvestSure has launched today, pledging to address “the chronic lack of available finance in the UK property market”.