Robin Marriott
New York-based firm is said to be the front runner for a portfolio of loans being sold by Britain’s part-nationalised bank Lloyds Banking Group.
.jpg "La Française REM holds first close on €150m")
The Paris-based asset manager has corralled institutional capital for a senior real estate lending vehicle having set up a platform last year.
.jpg "GIC backs UK real estate debt programme")
The Government of Singapore Investment Corporation has agreed to underwrite £1bn of loans sourced by London-based Laxfield Capital.
Quiet sale-leaseback market ‘re-opens’ as two deals arrive in quick succession. February 2013 issue.
With real estate financing in Europe still difficult to come by, one of the US’ biggest commercial real estate lenders is ramping up in the region, pointing the way for other banks.
US private equity firm TPG Capital and Ivanhoé Cambridge, one of the 10 largest real estate companies in the world, have taken ownership of Woolgate Exchange, for £265 million. Ivanhoé also revealed it is planning to open a London office of its own.
The US sale and leaseback specialist, American Realty Capital has selected London’s Moor Park Capital Partners to be exclusive deal maker in Europe for sale and leaseback transactions in the £5m to £75m range.
London-based ICG-Longbow Real Estate Capital is getting closer to reaching the halfway mark for its latest credit vehicle as it looks to cement £500 million of commitments.
Goldman Sachs is preparing to launch a $2 billion US and European real estate debt fund this month, providing further evidence of the way managers see an opportunity in credit.
With real estate financing in Europe still difficult to come by, one of America’s biggest commercial real estate lenders is ramping up in the region, pointing the way for its fellow US banks, writes Robin Marriott