ESR-REIT has secured a S$200 million sustainability-linked unsecured revolving credit facility from Oversea-Chinese Banking Corporation Limited. The manager, ESR-REIT Management (S) Limited, announced that trustee Perpetual (Asia) Limited finalised the agreement. The money will support general corporate needs, including debt refinancing and asset upgrades across the group. The two-year agreement strengthens the trust's capital position while aligning its financial operations with clear corporate environmental goals.
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.
Dubai Islamic Bank has introduced its Unlocking Sustainable Finance initiative, starting with an inaugural real estate forum in the UAE. The event gathered 80 industry leaders and concluded with major green property agreements alongside the launch of the bank's client advisory platform, Green Concierge.
Commercial real estate finance firm Greystone has named industry veteran Nicholas M. Gesue as Chief Operating Officer. Based in New York, Mr Gesue brings 25 years of platform-building experience to oversee the company's daily lending, servicing and asset management divisions. He joins following senior executive roles at NewPoint Real Estate Capital, ORIX Real Estate Capital and Lument Capital.
JLL has named Amanda Brimmer as CFO, Leasing Advisory and Head of Corporate Development. Reporting to CFO Kelly Howe, she will lead global financial growth strategies and oversee corporate development initiatives.
Interpolitan Money has launched Property SPV Accounts to support developers, investors, and family offices operating through UK and international Special Purpose Vehicles. The new service offers multi-currency wallets, fast onboarding, and global payment access across 160+ countries, addressing a long-standing gap in real estate banking solutions.
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