Daniel Cunningham
The portfolio which once secured Europe’s first defaulted CMBS has been given a fresh lease of life thanks to a new capital structure.
The portfolio contains real estate loans that were first written to a Cork-based family in Ireland.
.jpg?id=19327362746 "AnaCap and Arrow Global buy €127m GE Dutch loan book")
The portfolio is mainly made up of residential real estate loans but also contains some commercial real estate debt.
.jpg?id=12885376692 "AnaCap buys €2bn of Italian NPLs")
AnaCap Financial Partners has bought two Italian non-performing loan portfolios with a combined face value of more than €2 billion.
.jpg?id=19327353363 "Omni reaches $240m close on second RE debt fund")
The London-based real estate manager expects to launch a third fund in April.
.jpg?id=12885380147 "Irish REIT finances multi-family portfolio with €250m RCF")
The purchase of 442 apartments in Tallaght in South Dublin was financed by a new revolver provided by Barclays and Ulster Bank.
The real estate investment firm has bought out GE Capital from its US loan servicing joint venture.
The $237 million loan will finance the acquisition of Patriot's Plaza, a government-leased office complex in downtown Washington DC by a joint venture between US fund Multi-Employer Property Trust and German pension fund Ärzteversorgung Westfalen-Lippe.
Ireland's bad bank NAMA is prepping the sale of two new portfolios, Projects Emerald and Ruby, in the first and second quarters of 2016.
The deal, made using Macquarie’s infrastructure debt fund, is the firm’s first in the regulated social housing sector.