Cain International

Cain has agreed a £124 million refinancing from Mizuho Bank for the commercial components of The Stage, a landmark mixed-use development in the heart of Shoreditch, developed alongside McCourt Partners, Galliard Homes, Vanke, and Investec.    “This major refinancing deal follows significant commercial momentum at The Stage, reinforcing our belief in the resilience and attractiveness of well-positioned, mixed-use developments in dynamic urban centres. We look forward to continuing to work with our partners as we deliver a truly exceptional destination where Shoreditch meets the city.” - Ben Tooley, Managing Director at Cain International Read more here: https://lnkd.in/eutyXwmR

Cain International CEO Jonathan Goldstein discusses the future of cities at the 2024 Qatar Economic Forum alongside H.E. Eng. Khalid Ahmad Al-Obaidli, President of the Public Authority for Regulating Real Estate in Qatar; Cindy Lim, CEO of Infrastructure at Keppel Limited; and Steven Witkoff, Founder, Chairman, and Co-CEO of Witkoff. Watch the full panel discussion here: https://lnkd.in/eKVcqJEc

Cain and Hillwood’s EU Industrial Club IV have finalised a £33M loan for Crewe 335, a new 335,000 sq ft industrial storage facility targeting BREEAM “Excellent” standards and an EPC “A” rating. “This new partnership with Hillwood marks an exciting step forward as we deepen our commitment to sustainable, future-focused projects. We look forward to working with the team as they deliver a highly sought-after product that will bolster economic growth and enhance environmental responsibility in the region.” Nikos Yerolemou-Ennsgraber Read more here: https://lnkd.in/d5Kpsyhc

Cain and Blackbrook Capital have merged, creating a combined entity that manages over $1.5 billion in industrial and logistics (I&L) assets across the UK and Europe. Under the new structure, Arvi Luoma, co-founder and CEO of Blackbrook, will lead Cain’s European equity investment strategies. Blackbrook will continue operating as a subsidiary of Cain, and the Blackbrook portfolio will be managed by Cain’s investment adviser. “This is an exciting milestone in the ongoing growth and development of Cain’s business. We are confident that Blackbrook’s deep expertise will significantly bolster the firm’s strengths as we continue to expand our reach across the European alternatives sectors.” Jonathan Goldstein Read more here: https://lnkd.in/dyBm4u52

Cain has provided a £91.5M construction loan to Vita Group for its inaugural House of Social, located in Manchester’s growing academic district on First Street.   Designed to reinvent the traditional student home, House of Social Manchester is the newest PBSA concept by Vita. It will provide 576 beds arranged in four-to-six room clusters, targeting students who crave more social and independent living as they transition to adult life. The loan is Cain’s sixth in partnership with Vita, the second in Manchester and brings the partnership’s total beds delivered to over 4,000 across the U.K. and Europe.   “We believe Cain’s distinctive advantage lies in its partnership model, and we are delighted to extend our relationship with Vita as they introduce a new dimension of student living to the market. Cain’s long-standing experience in this sector, through its credit and equity practices, bolsters our confidence in the stability of U.K. university cities and we eagerly anticipate the positive impact this project will have on the community and the future of student accommodation.” – Graham Keable Read more here: https://lnkd.in/eYSRgbmW

Guided by the same core principles that embody the original Delano Miami Beach, Cain is proud to support the launch of Delano Dubai, the first Delano hotel in the UAE. Featuring 251 guestrooms, exceptional culinary experiences and an ocean-front swimming pool, guests will be able to enjoy refined luxury on a secluded corner of this island retreat. The Delano Dubai is launching as part of a deal between Ennismore and Dubai Holding. Cain also entered into an exciting and long-term partnership with Ennismore this year to drive forward the global expansion of the iconic Delano Hotels brand and reopen Delano Miami Beach. Read more here: https://lnkd.in/edUq9vut

Cain has secured $2 billion in construction financing to support the development of One Beverly Hills, a mixed-use urban project spanning 17.5 acres. The financing includes a $500 million senior loan from JP Morgan in addition to other private financing commitments. The agreement will see JP Morgan join a consortium of world-leading architects, design houses, developers and hospitality brands. “We are delighted to welcome JP Morgan as a cornerstone financing partner for the One Beverly Hills project. This endorsement further strengthens our confidence in the stability and potential of luxury real estate in sought-after locations. We look forward to working with our partners as we deliver a product that will redefine hospitality and urban living.” - Jonathan Goldstein Read more here: https://lnkd.in/gWK7JPiu

On Friday, ahead of their flagship Step Forward Summit, AllBright, the Cain-backed global female membership network, announced the expansion of its Alliance solution, with the addition of leading firms British Airways, Guggenheim Investments and Tapestry. The new partnerships will see AllBright Alliance reach over 750,000 employees across various sectors. Members will join a roster of brands supported by AllBright's learning solutions, including BNY Mellon, Bromford Housing, Chanel, Chelsea Football Club, Eldridge Industries, Google, HSBC, Simba, Smyle, Soho House, Visionable Health and Warner Music.   The Step Forward Summit itself was a brilliant event to mark International Women’s Day 2024. It bought together a line-up of change-makers and leading voices to discuss a broad range of areas from climate change to the gender health gap across 25 panels and workshops. For more information about the day and the expansion of AllBright Alliance, visit allbrightcollective.com.   

Last week, in partnership with the City of Beverly Hills, Aman, OKO Group, Hilton, and Alagem Capital Group, we celebrated the groundbreaking of One Beverly Hills. The 17.5-acre urban destination will bring together the Beverly Hilton and Waldorf Astoria with 10 acres of gardens and open space, introducing the West Coast's inaugural Aman hotel, an exclusive Aman club, and a limited number of branded residences. Master planned by globally renowned Foster + Partners, the project will feature a considerate restoration and enhancements to the Beverly Hilton, enhancing its legacy as one of the city's leading entertainment venues. “This marks a pivotal moment as we, together with our esteemed partners embark on a journey to shape the next chapter of this city’s iconic history. We are profoundly grateful for the unwavering support and collaboration that has brought this vision to life and look forward to delivering a landmark development that will stand as a testament to the spirit of progress and innovation in this community.” Jonathan Goldstein Read more here: https://lnkd.in/e3FERs3E

Cain has arranged a €74 million construction loan to Vita Group and Metrovacesa SA for the development of Vita Group’s flagship 585-bed Vita Student PBSA scheme in Madrid, Spain. The loan marks the debut transaction for Cain’s lending platform in the Spanish market and the fifth time it has partnered with Vita Group. “Madrid’s student sector demonstrates favourable long-term fundamentals, and this transaction represented a unique opportunity to expand Cain’s lending platform to a new market with a longstanding and reputable partner. We have worked closely with the Vita team across multiple PBSA opportunities in the U.K. and are confident its high-quality product will be an attractive offering in one of Europe’s top student destinations.” -Graham Keable Read more here: https://lnkd.in/erCjSeZi