Hayfin Capital Management has acquired a portfolio of performing European commercial real estate development and investment loans from funds managed by Oaktree Capital Management.
The portfolio was originated and managed by Fairfield Real Estate Finance Services, a commercial real estate lending platform backed by Oaktree. Fairfield has been retained to continue to manage the portfolio on Hayfin’s behalf.
The loan portfolio is secured against a pool of hotel, residential and office assets located in gateway cities across Ireland, Spain and Portugal.
Carlos Colomer, managing director of 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.”
Hayfin was advised on the transaction by Macfarlanes and Oaktree was advised by PwC and White & Case.
