MINNEAPOLIS – Värde Partners, a leading global alternative investment firm, today announced the closing of a commercial real estate collateralized loan obligation (CRE CLO). This is the firm’s second CRE CLO this year. The asset pool consists of 25 floating-rate mortgages secured by 27 properties and has an aggregate unpaid principal balance of $457.8 million.…
Archive: Announcements
Värde Partners Hires Mona Girotra as Global Head of Consultant Relations
NEW YORK – Värde Partners, the global alternative investment firm, announced today the hire of Mona Girotra as Global Head of Consultant Relations in Värde’s Business Development and Investor Relations group. Based in New York, Mona will focus on developing Värde’s relationships with consultants and institutional advisors around the world. She will also work with…
Värde Partners Closes $77.7 Million Mortgage Loan
MINNEAPOLIS – Värde Partners, the global alternative investment firm, today announced the closing of a $77.7 million loan for Triangle Plaza, a 636,000 square foot, Class A office complex located in Chicago, Illinois. The loan provides financing for the leasehold acquisition of Triangle Plaza. The Class A office towers are located in Chicago’s O’Hare submarket…
Värde Partners Announces Plans for Via Célere to Acquire Land Bank Assets from Aelca
Via Célere to Become Largest Residential Developer in Spain MADRID – Värde Partners, the global alternative investment firm, today announced plans for Via Célere, a residential property developer in Spain, to acquire the land bank assets of Aelca, another residential developer and asset manager in Spain. Following the transaction, Via Célere will be the largest…
Värde Partners Co-CIO Speaks at Milken Institute Asia Summit in Singapore
SINGAPORE – Värde Partners is pleased to share that Ilfryn Carstairs, Partner and Global Co-CIO, spoke on the Uncertain Times: The State of Global Capital Markets panel at Milken Institute Asia Summit in Singapore on September 13, 2018. The discussion, moderated by Michael Milken, covered the impacts of geopolitics, trade and technology on the global investment landscape…
Masthaven and Värde Partners Announce Agreement for Värde to Invest £60 Million in UK Specialist Bank Masthaven
LONDON – Masthaven, the UK specialist bank, and Värde Partners, the global alternative investment firm, today announced an agreement for Värde Partners to make a strategic £60 million equity investment in Masthaven. The investment will enable the bank to deliver against its stated ambition to become one of the leading specialist banks in UK residential and…
Aditya Birla Capital and Värde Partners Form Strategic Partnership to Invest in Stressed and Distressed Assets in India
MUMBAI – Aditya Birla Capital Limited (ABCL) and Värde Partners (Värde), today announced an exclusive strategic partnership to pursue investments in stressed and distressed assets in India. Operating through a joint platform, both parties will evaluate investments across sectors, focusing on the acquisition, restructuring and resolution of the substantial supply of non-performing assets in India…
Texas Real Estate Developers and Global Alternative Investment Firm Värde Partners Acquire Windsong Ranch in Prosper, Texas
PROSPER, TX AND MINNEAPOLIS, MN – Värde Partners and Texas-based real estate developers Craig Martin and David Blom today announced their joint acquisition of Windsong Ranch, a master planned community in Prosper, Texas, from an affiliate of the Terra Verde Group. Messrs. Martin and Blom, the original developers of Windsong Ranch, have teamed up with…
Värde Partners, Barclays and Guber Banca Acquire Non-Performing Loan Portfolio Originated by 53 Italian Cooperative, Rural and Popolari Banks
MILAN – Värde Partners, Barclays investment bank and Guber Banca announced today the joint acquisition of a portfolio of non-performing loans originated by 53 cooperative banks, rural banks and popolari banks spread throughout Italy. The gross book value (GBV) of the portfolio is €1.397 billion. Centrale Credit & Real Estate Solutions (CCRES), part of Cassa…
Värde Partners Hires Shannon Gallagher as Head of EMEA Business Development and Investor Relations
LONDON – Värde Partners, the global alternative investment firm, announced today the hire of Shannon Gallagher as Head of EMEA Business Development and Investor Relations. Based in Värde’s London office, Shannon will lead the team responsible for developing and cultivating relationships with Värde’s investors across Europe, the Middle East and Africa. “We are pleased to…