Archive: Announcements

Firm Increases Lending to Hospitality Sector as Traditional Lenders Pull Back MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it closed $602 million in U.S. commercial real estate loan originations across 11 transactions in the third quarter of 2021. In total, Värde has funded $1.7 billion of real…

LONDON – Värde Partners, a leading global alternative investment firm, today announced it has elevated Deputy Chief Investment Officers (CIOs) Brad Bauer and Giuseppe Naglieri to join Ilfryn Carstairs as Co-CIOs. Brad and Giuseppe will share oversight of Värde’s global investment activity with Ilfryn, who is also Co-CEO. “This is important recognition of the strong…

WEST DES MOINES, MINNEAPOLIS & NEW YORK – American Equity Investment Life Holding Company (“American Equity”) (NYSE: AEL), a leading issuer of fixed index annuities, Värde Partners, Inc. (“Värde”), a leading global alternative investment firm, and Agam Capital Management, LLC (“Agam”), an insurance solutions provider, announced they have reached agreement in principle to form a…

NEW YORK and LONDON – Värde Partners, a leading global alternative investment firm, today announced it has promoted Shannon Gallagher and Mona Girotra to Global Co-Heads of its Business Development and Investor Relations (BDIR) group reporting to the firm’s President, Jon Fox. “Shannon and Mona have great relationships with our investors and have consistently demonstrated…

NEW YORK – Värde Partners, a leading global alternative investment firm, today announced that Mark Schein has joined the firm as its Global Chief Compliance Officer (GCCO). Based in New York, Mark will oversee Värde’s global compliance and audit functions. He will be replacing Katie Kloster, who has served as the firm’s GCCO since 2010…

MILAN – Värde Partners, a leading global alternative investment firm, today announced the successful completion of its previously announced sale of a portfolio of eight luxury hotels operating under The Dedica Anthology brand (“Dedica”) to Covivio, a European real estate operator, through its subsidiary Covivio Hotels. The portfolio comprises eight luxury full service independent hotels with…

$211 million deal Includes 11 Marriott®- and Nine Hilton®-Branded Hotels SAN FRANCISCO and MINNEAPOLIS – Flynn Properties Inc. (“Flynn”), owner of commercial real estate, luxury resorts and select service hotel properties in America and abroad, in a joint venture with Värde Partners, a leading global alternative investment firm, today announced that it has acquired 20 select…

MADRID – Värde Partners, a leading global alternative investment firm, announced it has agreed to the sale of Hotel Barcelona Apolo to Meliá Hotels International, the current hotel operator, for €96 million. The transaction followed an open bidding process that attracted interest from more than 20 institutional investors. The sale was agreed through Dospuntos Asset…

Commercial Real Estate Lending Outlook Remains Strong MINNEAPOLIS and NEW YORK – Värde Partners, a leading global alternative investment firm, today announced it closed $833 million in U.S. commercial real estate loan originations in the second quarter of 2021, for a total of $1.1 billion funded this year. The 13 transactions completed in the second…

Loans Originated Through Värde’s Commercial Real Estate Lending Platform MINNEAPOLIS and NEW YORK – 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 fourth and largest CRE CLO, and eighth securitization of commercial real estate collateral. The asset…