MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that certain of its subsidiaries completed the issuance of $208.5 million in notes secured primarily by real estate loans and assets. The notes yield 3.60%. “We are very pleased with the execution of this transaction and the…
Archive: Announcements
Värde Partners Closes Commercial Real Estate Loan in Mobile, AL
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $32 million loan for the acquisition of four limited service Hilton-branded hotels in greater Mobile, Alabama. The loan provides short term capital to facilitate a time sensitive acquisition and…
Värde Partners Sells Japanese Real Estate Assets
SINGAPORE – Värde Partners, the $12 billion global alternative investment firm, today announced that Japanese commercial real estate assets comprising one of its investment portfolios were sold for ¥49.7 billion to property developer and fund manager CapitaLand. The portfolio comprises two office buildings in Yokohama – Yokohama Blue Avenue and Sun Hamada; one office building…
Värde-Controlled Dospuntos Acquires Vía Célere for €90 Million
Juan Antonio Gómez Pintado to be chairman and managing director of combined company. The acquisition enables continued growth through operational excellence and the integration of development and construction activities. Värde remains majority shareholder MADRID – Dospuntos and Vía Célere today announced an agreement for Dospuntos, the real estate development company, to acquire Vía Célere, a…
Värde Partners Closes Commercial Real Estate Loan in Phoenix
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $13.4 million loan secured by a 284 room hotel adjacent to MetroCenter Mall located in Phoenix, Arizona. The loan provides short term capital to reposition the hotel as a…
Värde Partners Closes Commercial Real Estate Loan in Charlotte
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $20.25 million loan secured by an apartment complex in Charlotte, North Carolina. The loan provides capital to acquire and renovate apartment units as leases naturally turn over with the…
Värde Partners Names New Partners – Brian C. Schmidt and Jon A. Fox are now Partners in the firm
MINNEAPOLIS and LONDON – Värde Partners, the $12 billion global alternative investment firm, has named two new Partners. Brian C. Schmidt, Head of the Värde Mortgage Business and Jon A. Fox, Global Head of Business Development and Investor Relations have both been elected to Partnership. They join eleven other partners located around the globe. “We’re…
Värde Partners Closes on Sale of NewDay
LONDON – Värde Partners, the $12 billion global alternative investment firm, today closed on the sale of NewDay, a provider of consumer credit in the U.K., to funds managed and/or advised by private equity firms Cinven and CVC Capital Partners. The sale was announced in October 2016. Värde acquired NewDay (formerly SAV Credit Ltd.) in…
Värde Partners Closes Commercial Real Estate Loan in Kansas City
MINNEAPOLIS – Värde Partners, an alternative investor in broad strategies including commercial and residential mortgage markets, today announced that it has closed on a newly originated $32.5 million loan secured by an office tower in Kansas City, Missouri. The loan provides capital to support recent leasing activity, which should effectively position the 60% occupied property…
Värde Partners Closes Newly Originated Commercial Real Estate Loan
MINNEAPOLIS – Värde Partners has closed a newly originated commercial real estate loan, highlighting the firm’s continued focus on providing tailored financing solutions in the real estate sector.