Term Sheet: BlackRock’s first European real estate debt fund, Capital Bay’s €1.5bn fundraising drive, Frogmore and Morgan Stanley’s London refinancing
US investment giant BlackRock has closed its first dedicated European real estate debt fund on €609 million; German manager Capital Bay aims to raise €1.5 billion for its property loan fund; Frogmore and Morgan Stanley secure finance for London’s Notting Hill Gate Estate; and more in today’s briefing, exclusively for our valued subscribers.
