Real estate debt

CBRE GI expands into European debt with Laxfield acquisition

The deal signals the real estate fund management giant’s entry into Europe’s property credit market.

PE firms race for profit from Australian home loans

The rise of three Australian non-bank lenders owned by Blackstone, Cerberus and KKR illustrates changing lending dynamics in the country.

SONIA benchmark boosted by Deutsche Bank real estate loan

Writing a loan referencing SONIA could help drive industry consensus on a replacement for LIBOR.

VIDEO: ‘Lid has been kept on real estate leverage,’ says Oaktree’s Guichard

Real estate debt looks well positioned compared with corporate debt, maintains Justin Guichard of Oaktree Capital in this interview shot at PDI’s New York Forum.

Debt funds are becoming increasingly popular in infrastructure and commercial property

Investing in real assets has become increasingly popular, and debt funds that provide financing for real assets projects are no exception, writes John Bakie.

Boston Retirement System seeking two credit managers

The Massachusetts pension fund is making an unstated commitment to a diversified property-type fund and a $60m private debt commitment to a European direct lending, niche lending or distressed debt fund.

Redemptions lower Allianz RE debt AUM

The real estate investment group of the German insurer saw its RE debt assets under management drop from €19.3bn in 2018 to €18.9bn in H1 2019.

LaSalle to target €1bn for fourth flagship property debt fund

The investment manager’s latest fundraising drive follows the closing of €200m of loans to Blackstone from its third mezzanine debt fund.

Momentum is building in the Greek NPL market

Domestic banks are under pressure to reduce their bad loans and are on track to meet their targets.

Walton Street collects $1.3bn for second RE loan fund

The real estate lender is charging a 1.5% management fee, according to Arkansas pension fund documents.