Greystone has arranged $105.8 million in Freddie Mac refinancing for two multifamily residential communities in El Cajon, California. The loan package covers 476 apartment units across Colonnade at Fletcher Hills and Forest Park at Fletcher Hills. The deal was secured on behalf of borrower Bridge Investment Group, with debt financing efforts led by Spencer Dunlop alongside correspondent bank BMO.
Private equity firm Blackstone has agreed to finance the purchase of HSBC’s Australian home loan portfolio, valued at A$36 billion (US$25 billion). The deal stands as the largest mortgage portfolio transaction globally. Non-bank lender Pepper Money will handle local loan servicing, ensuring a smooth transition for existing banking clients while expanding Blackstone's Asian credit operations.
Brookfield Corporation has achieved a $2 billion initial close for its new Middle East-focused private equity fund. Anchored by Saudi Arabia’s Public Investment Fund, Brookfield Middle East Partners will target high-growth markets across the region, directing half of its investments toward Saudi Arabian businesses. The initiative aims to deepen local capital markets and expand regional financing options across key commercial sectors.
Saudi Arabia's Public Investment Fund (PIF) and the Export-Import Bank of the United States (EXIM) have signed a Memorandum of Understanding establishing up to $15 billion in long-term export credit. The framework will allow eligible PIF portfolio companies to purchase goods and services from American suppliers. The agreement focuses on key sectors including technology, aerospace, infrastructure, and critical minerals to build stronger cross-border supply chains.
Saudi Arabia's Public Investment Fund and global investment manager I Squared Capital have signed a memorandum of understanding. The agreement outlines plans for I Squared to invest up to $2 billion in real estate and infrastructure assets owned by the sovereign wealth fund and its portfolio companies, focusing heavily on digital infrastructure and district cooling systems across the Kingdom.
Bridgepoint has agreed to buy US investment platform Kayne Anderson Real Estate for an upfront enterprise value of $1.393 billion. The deal adds real estate as a fifth investment vertical for the mid-market investor, expanding its total assets under management to approximately $117 billion. The transaction is expected to close at the end of 2026, subject to regulatory approvals.
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