Term Sheet: UK economic turmoil, Värde’s brace of loans, Close Brothers’ strategic hire
With gilt yields reaching post-GFC highs, the UK’s economic issues threaten to impact real estate lending; US manager Värde Partners completes two significant lending deals, indicating the opportunities for non-bank lenders; Close Brothers hires from CBRE as it pushes into student housing and build-to-rent lending; and more in today’s Term Sheet, exclusively for our valued subscribers.