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German lender provided an acquisition and development facility to US property company.
Paul Robinson has joined as director of origination and structuring within the firm’s real estate debt team.
The asset is the redeveloped Le Magnum building which managers Patron Capital and EDR REIM acquired in 2018.
German lenders including Deutsche Pfandbriefbank are seeing their share prices impacted by US commercial real estate exposure.
The German lender, which has over €11bn allocated to the asset class, played a key role in the UK financing.
London-based Katch Investment has hired Thibaut Harouni as it makes plans for a €250m European closed-end debt fund.
The science and technology-focused partnership has added UK bank Barclays to its club of lenders.
The firm will aim to expand its investor base beyond its current German institutional clients.
The manager has provided a £143m debt facility for a third later living development by Goldman Sachs-backed Riverstone.
The UK development lender is aiming to incentivise borrowers to bring forward schemes with societal benefits.