Home Alternative lenders

Alternative lenders

The Frankfurt-based business is aiming to raise €300m of equity to deploy in Germany, Austria, and Switzerland.
Render of Rockpoint
The sponsor – developer the Moran Group – attempted to sell one of the assets, the Rockpoint apartment complex, last year.
A view of the Palais and Croisette, Cannes, MIPIM 2024
Options for alternative lenders to capitalise on the opportunity in real estate debt are taking longer than expected to manifest in Europe.
Europe
The subsidiary of German lender pbb Deutsche Pfandbriefbank is speaking to investors about raising up to €500m.
The firm has hired a former EQT Exeter executive to lead fundraising, with credit-based strategies expected to be included.
The sovereign wealth fund has made a commitment to the ninth vintage of the manager’s flagship real estate credit strategy.
Europe satellite image
The new vehicle is the firm's first commingled fund for its global commercial real estate credit business.
The manager says the additional capital provides it with £1.3bn in available capital.
The vice-president of the European Central Bank said alternative debt providers are of greater concern than traditional lenders.
The three-year facility to developer Princeton Investments has been originated at 60% LTV.
rec
rec

Copyright PEI Media

Not for publication, email or dissemination