MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it closed $946 million in U.S. commercial real estate (CRE) loans across 14 transactions in the fourth quarter of 2021. In total, Värde’s CRE lending platform originated over $2.7 billion in 2021, spanning hospitality, office, multifamily, industrial and mixed-use assets.
Archive: Announcements
Värde Partners Agrees to Sell Stake in Trastor REIC for €98 Million
ATHENS and LONDON – Värde Partners, a leading global alternative investment firm, today announced it has agreed to sell its 52% stake in Trastor REIC (“Trastor”), a real estate investment company, to Piraeus Bank for €98 million. The deal will take Piraeus Bank’s total shareholding to 97%.
Värde Names Three New Partners From Senior Investing Ranks
MINNEAPOLIS, NEW YORK and LONDON – Värde Partners, a leading global alternative investment firm, today announced it has promoted three senior investment professionals to the role of Partner: Jim Dunbar, Aneek Mamik and Carlos Sanz Esteve.
Grupo La Finca to Acquire Värde Partners’ Stake in La Finca Global Assets
MADRID – Grupo La Finca (“GLF”), the majority owner of La Finca Global Assets (“LFGA”), today announces that it has agreed to acquire an additional 38% stake in the business from Värde Partners, a leading global alternative investment firm, for €130 million with €2 million conditional on achieving certain targets by LFGA during 2022.
Värde and Hawkins Way Form $1 Billion Joint Venture to Acquire Value-Add and Distressed Hospitality and Housing Assets
NEW YORK – Värde Partners, a leading global alternative investment firm, and Hawkins Way Capital, a vertically integrated real estate company, today announced they have formed a joint venture to acquire more than $1 billion of value-add and distressed hospitality and housing assets in major U.S. cities. The assets will operate under a Hawkins Way affiliate.
Värde Partners Closes First Hotel-Backed CRE CLO at $527 million
MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced the closing of the first commercial real estate collateralized loan obligation (CRE CLO) to be entirely hotel-backed.
Värde Partners Agrees to Sale of GCX to 3i Infrastructure
SINGAPORE – Värde Partners, a leading global alternative investment firm, today announced that an investor consortium including Värde, Bardin Hill Investment Partners LP and Portsea Asset Management, has agreed to sell its stake in GCX Holdings Limited (“GCX”), a leading global data communications service provider and owner of one of the world’s largest private subsea…
Taylor Morrison and Värde Partners Agree to Land Banking Facility and Joint Venture
Capital will be used to acquire and develop land in the homebuilder’s markets SCOTTSDALE and MINNEAPOLIS —Taylor Morrison Home Corporation (NYSE: TMHC), the nation’s fifth largest homebuilder, and Värde Partners, a leading global alternative investment firm, have entered into a land banking facility agreement and agreed to a joint venture, opening more than $1 billion…
Trimont Signs Definitive Agreement to Acquire Wells Fargo Non-Agency Third-Party Commercial Mortgage Servicing Business
Firm Surpasses $1 Billion in Hospitality Sector Real Estate Loan Origination in 2021 MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced the closing of the first commercial real estate collateralized loan obligation (CRE CLO) to be entirely hotel-backed. This is Värde’s fifth CRE CLO, and ninth securitization of…
Värde Partners Agrees £380 Million Sale of BizSpace to Sirius Real Estate
LONDON – Värde Partners, a leading global alternative investment firm, today announced it has agreed the sale of BizSpace, a leading provider of regional flexible workspace in the UK, to Sirius Real Estate for £380 million. With 72 locations across Great Britain offering over 4.3 million square feet of industrial, mixed-use and office space, BizSpace…