Tag Archives: De Vere Group

BREDS and BXMT separately close £411m in hotel-backed whole loans for KSL Capital and Sankaty Advisors

Blackstone Real Estate Debt Strategies (BREDS) has provided KSL Capital Partners with a £315m whole loan to finance the US private equity group’s £485m acquisition of the final tranche of De Vere Group’s UK mid-market Village hotel chain. Continue reading

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De Vere instructs Lazards to sell £300m venue division to repay Lloyds debt

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De Vere Group has instructed Lazards to sell its 30-strong nationwide venue and conference division for between £280m and £300m, with all the proceeds to be used to pay down Britain’s largest operator of conference and training centres’ £1.1bn debt … Continue reading

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