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Laxfield raises additional £250m for UK debt fund

The vehicle has been upsized to £750m on the back of ‘strong’ demand from borrowers, coupled with investors’ appetite, says director Alexandra Lanni.

Niche property lending requires different pros-cons considerations

Lending to a singular alternative real estate sector means a firm must be ready to underwrite a property type’s unique risk and demonstrate specialist expertise.

The NPL deal that could unlock the Cyprus market

Apollo’s purchase of a €2.7bn loan portfolio from Bank of Cyprus is expected to reactivate the island’s property market.

Trimont hires Bill Sexton in European push

The servicer has appointed the former Mount Street managing partner as it seeks to capitalise on opportunities arising from the emergence of non-bank lending and construction loans.

‘Like the end of the world’: How Lehman crashed the real estate lending market

When Lehman Brothers failed, banks’ real estate lending units pulled down the shutters. The implications are still being dealt with a decade later.

CalSTRS inks $200m RE debt JV

The pension system is investing with a startup, but it has a long history with one of the firm’s founders.

Is now the time to buy a debt fund?

The rising popularity of real estate debt generates M&A opportunities, but the lack of independent debt fund businesses limits the scope for consolidation.

PIMCO raises almost $700m for commercial real estate debt vehicle

The fund’s commercial focus differs from its predecessors, which targeted an array of assets.

CPPIB to increase global real estate credit exposure

The Canadian pension fund is looking to increase its real estate credit assets under management to around $6.2bn to $7.7bn in the next five years.

Cheyne hits hard cap with $800m for real estate debt

Cheyne’s latest vehicle is 80% invested with a greater focus on senior debt funds.

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