GWM’s Commercial Real Estate Debt Opportunities Fund (Credo Fund) has committed to provide a €40 mln senior loan to finance the acquisition and refurbishment of a beach resort located in Tossa de Mar (Cala Giverola), Costa Brava, Spain.
The Grand Hotel Imperiale in Forte dei Marmi, Italy has been sold to UAE-based real estate company Emaar Properties, owner of renowned buildings such as the Burj Khalifa and the Dubai Mall.
