David Hatcher
.jpg "Scottish Widows, Lloyds link up on UK property lending")
Pension manager and insurer Scottish Widows sets up lending structure with parent Lloyds Bank.
The 15-year loan is secured by properties in Shaftesbury’s Carnaby Street estate and has a fixed interest rate of 3.2%.
The Hartford, Connecticut-based real estate investment manager will seek mezzanine real estate financing opportunities for a pension fund and an insurance company.
.jpg?id=19327353363 "Renshaw Bay real estate fund reaches £356m final close")
London-based Renshaw Bay has closed its European real estate debt fund.
The MassMutual-owned lender is close to agreeing a loan secured against six assets.
Aviva Commercial Finance has provided a £53m loan to refinance real estate debt acquired by Kennedy Wilson and Fairfax.
.jpg?id=12885357438 "HIG Capital makes second Italian NPL buy")
The purchase is the second Italian NPL transaction by HIG in six months.
The firm has appointed former-AXA executive, Ricardo Dallolio, to co-head its real estate debt business.
The firm will deploy €500 million for a European investor across a variety of senior real estate debt transactions in Europe.
Real estate debt fund DRC Capital has financed a West London property and former-IBRC portfolio purchase from its European Real Estate Debt Fund II.