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.
Real Estate Capital Europe’s Active Lenders of the year list shows that debt deals were not completely off the agenda; Phil Hooper, formerly of Pluto Finance and NatWest, steps into the lead property role at merchant banking firm Close Brothers; AEW defies the gloom with a more positive outlook for 2024; and more in today's briefing, exclusively for our valued subscribers.
Europe and the Americas are moving at a different pace on sustainability action, says Chris Pyke, chief innovation officer for GRESB.
Major lending deals led by Royal Bank of Canada and Aareal Bank demonstrate there is liquidity for the right assets; Starz Real Estate’s latest commitment hints at investor appetite for real estate debt; the European Central Bank remains mindful of banks’ exposure to commercial real estate; and more in today's briefing, exclusively for our valued subscribers.
Mega-manager Brookfield defies office market woe with €1.9 billion of refinancings in the past two weeks; Cheyne Capital’s lending ambitions grow with £7.5 billion (€8.6 billion) of fundraising plans; delegates at affiliate PERE’s New York event put debt at the heart of the conversation; and more in today's briefing, exclusively for our valued subscribers.