Metrocentre, the Gateshead super prime retail and leisure destination, has secured a £70 million refinancing with Lloyds in a move that will lower its cost of capital and provide more runway for capital expenditure and working capital requirements.
This week's column examines a loan modification for a Starwood Capital Group hotel portfolio, an extension for a loan backing a New York tower and a Philadelphia building starting anew with its debt paid off. Read the entire piece by clicking "read more" below.
It's in the Cotswolds, a chic, bucolic region of southwest England, that French hotel group Accor has chosen to launch its latest luxury brand, Emblems, a further step in the group's upmarket strategy.
Global alternative asset manager Brookfield Asset Management posted a record $30 billion fundraising haul and third-quarter profit as it saw a market prime for both buying and selling deal activity.
Vici Properties, a publicly traded real estate investment trust focused on gaming and entertainment properties, has a deal to acquire seven Nevada casino properties from Golden Entertainment for $1.16 billion in a sale-leaseback agreement.
Cheyne Capital, the global alternative investment manager, has extended its long-term partnership with Champneys, the health and wellbeing resort brand, through a new funding agreement to support the next phase of investment and expansion.
Ashford Hospitality Trust is continuing to deleverage its U.S. hotel portfolio as it grapples with ongoing headwinds in the industry such as a lack of government travel and inflation that has pressured margins.
ROME — Italy’s state-backed funds and sovereign wealth funds are focusing on providing sustainable hotel developments and adjacent communities with return on investment as an important part of the parcel but not the string that ties it up.
French hotel firm Accor has raised its earnings outlook for full-year 2025 and is considering spinning off its its lifestyle hotel and restaurant division Ennismore as a separate publicly listed company.
The Raleigh, one of Miami Beach’s most famous hotels, was sold by New York’s Michael Shvo after the developer spent years and millions of dollars attempting to restore the art deco icon.
Specialist real estate finance provider Maslow Capital has provided a £122 million development finance facility to Definition Capital for a coliving-led regeneration scheme in Abbey Wood, South-East London.
King Street Capital Management, the global alternative investment firm, and alternative lender, Cohort Capital, along with funds managed by Apollo, have provided a £348 million senior loan facility to refinance The Park Tower Hotel in Knightsbridge in London.
