Syndication

A syndicate of Spanish banks partially replaced the Spanish developer’s bond debt with a floating rate loan earlier this month.

Aareal Capital Corp last week originated a $370m green loan for SL Green Realty Corp, a frequent CMBS borrower.

The bank partnered with an institutional investor to refinance a London asset for a Greystar-led joint venture.

The bank’s head of real estate for Iberia says the high quality of the Montepino Spanish logistics portfolio acquired by Bankinter Investment convinced it to provide a €470m loan.

The bank’s head of real estate finance for Germany's regions says it faced stiff competition to back the €700m Silberturm tower purchase in Frankfurt.

The fallout from the coronavirus has led to a significant slowdown in the syndication market during the second quarter.

“With the right operating model, a co-working operator model could thrive in recovery” - Simon Brooks, Investec

Iain Balkwill, partner at law firm Reed Smith, argues that the legislative treatment of commercial mortgage-backed securities will harm the long-term growth of the product.

The winners revealed across the REC Awards 2017 lender categories.