Cornerstone Real Estate Advisers has picked debt specialist Laxfield Capital to originate and manage loans on Cornerstone’s behalf in the UK, the companies announced today. The appointment is in line with Cornerstone’s strategy of extending into Europe its US commercial real estate debt platform, which originated more than $4 bn (EUR 3.2 bn) in commercial mortgages during 2011.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
