Munich, Germany — Crestline Investors, Inc. (“Crestline”) through its European Capital Solutions Strategy team, and in partnership with Tite Street Capital, today announced the successful closing of a refinancing facility for a landmark 100-unit luxury residential development situated on Lake Starnberg in Bavaria, Germany. The capital will be used to refinance the existing lender and support the final stages of construction.
Strategically located approximately 35 minutes from central Munich, the development benefits from direct access to public transportation and major roadway networks. Surrounded by golf courses, lakefront amenities, and alpine views, the area continues to attract high-net-worth residents and investors. The project, Feldafing Höhe, is being delivered by Munich-based developer C7 GmbH, and comprises 88 premium residential apartments across six buildings, eight rent-controlled units, and four commercial spaces.
“This is an attractive opportunity for Crestline – a whole funding facility to support a top-tier residential project in a supply-constrained market, backed by a strong, experienced sponsor. We are excited to partner with C7 and Tite Street Capital in bringing this project to a successful completion,” said Andrey Panna, Senior Managing Director at Crestline.
“We are very pleased to execute this refinancing and contribute to the project’s successful realization,” said Guido Lang, Chief Investment Officer of Tite Street Capital. “Demand for quality residential housing in prime areas with constricted supply, such as Feldafing, is very strong and will continue to benefit from a diverse range of domestic and international buyers.”
About Crestline Investors
Crestline Investors, Inc. is an alternative investment management firm founded in 1997 and based in Fort Worth, Texas, with affiliate offices in London, New York, Toronto, and Tokyo. The firm has over $16 billion of alternative credit assets under management (as of December 31, 2024), across its direct lending, opportunistic, and portfolio finance platforms. The firm’s London-based affiliate specializes in private capital investments in industry sectors which are either asset backed or demonstrate defensive cash flow profile in developed markets of Western Europe. For more information, visit www.crestlineinvestors.com.
About Tite Street Capital
Tite Street capital is an independent investment advisor, operating partner, and asset manager focused on opportunistic real estate and asset backed investments. Their investment philosophy is defined by an emphasis on preserving capital, while providing attractive risk adjusted returns to their investors and partners. Tite Street Capital is backed by a team with strong investment capability, and execution experience, across European and US markets, having executed in excess of €2bn combined transaction experience across the team. For more information, visit www.titestreetcapital.com.
This financial promotion is issued by Crestline Management, LP and Crestline Europe, LLP (together "Crestline"). Crestline Europe, LLP is authorized and regulated by the Financial Conduct Authority (FCA). The material is not intended to be a formal research report and nothing in this presentation should be interpreted to state or imply that past results are an indication of future performance. Any opinions expressed herein are our current opinions only. There can be no assurance or guarantee that Crestline's investment strategy will achieve its stated goal. All information provided in this presentation is for informational purposes only Crestline accepts no liability for loss arising from the use of this material. In the United Kingdom, this communication is being made only to, or directed only at, persons who are: (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (“FP Order”); (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order; or (iii) any other persons to whom such communication may lawfully be made. It must not be acted, or relied, upon by any other persons.
