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Alternative lenders

UK-focused Shiva Hotels is the latest owner and operator to source debt finance for a high-end development in the UK capital.
The UK-based investment manager has held a €200m first close on its second whole loan fund.
Europe
The investment manager’s debt boss explains why it raised special situations capital, pre-covid, and how it intends to invest it.
The debt specialist will lead the expansion of the Canadian property giant’s lending activities in the region.
Madrid at night
Although Spain remains on lenders’ radar, many are taking stock until post-coronavirus conditions become clearer.
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The investment manager has raised an additional €300m to fund loans with LTV ratios of up to 80%.
Sculptor
The New York-based alternative asset manager, formerly known as Och-Ziff Capital Management, beat the target for its latest property vehicle by nearly $1bn.
Debt fund lenders may need to lower their return expectations as banks become reluctant to provide funding lines, warns the real estate manager.
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