Hayfin Capital Management has acquired a portfolio of performing European commercial real estate (CRE) loans from Oaktree Capital Management-managed funds for an undisclosed sum.

The portfolio, comprising loans secured against hotel, residential and office properties in key cities across Ireland, Spain and Portugal, was originated and managed by Oaktree-backed Fairfield Real Estate Finance Services.

Hayfin said it has retained Fairfield to manage the loans issued to financial sponsors, developers and owner-operators, facilitating the construction, conversion and refurbishment of these projects.

Carlos Colomer, managing director at Hayfin, said: “We’re delighted to acquire this portfolio of performing CRE development loans, which aligns with our strategy of investing in high-quality credit assets across Europe.

“Secured against a diversified pool of real estate, this transaction highlights how our flexible capital and sector expertise enable us to secure attractive opportunities for our investors.

“We look forward to working with the Fairfield team on this transaction and continuing our partnership by originating new CRE development financing opportunities.”

To read the latest IPE Real Assets magazine click here.

Topics