Term Sheet: A £500m financing for London’s West End, Castlelake provides €489 million loan to SBB, Spring conference season reveals anticipation of forced sales
Ares Management expands its European loan book with a £500 million loan in London's West End; Castlelake issues €489 million of debt to help embattled Swedish residential landlord SBB; Blackstone scoops $1 billion of senior commercial mortgages from Germany’s pbb Deutsche Pfandbriefbank; a round-up of the spring conference season reveals pressure building for lenders to resolve stressed situations; and more in today's Term Sheet, exclusively for our valued subscribers.