News Analysis

Freddie Mac, Pensam fund $220m Florida multifamily recap 

JLL Capital Markets arranged the $220m loan, of which about $65.8m is comprised of preferred equity.

RFR to contribute new equity for $1bn Seagram Building extension

The New York-based manager received a one-year extension, with an additional 12-month extension option.

Origin Credit ramps up new multifamily-focused debt fund 

The firm expects to see a rise in portfolio and property recap opportunities over the next six to 18 months as traditional lenders pull back.

Oaktree launches capital raising for fourth real estate debt fund

The Los Angeles-based manager is targeting $3bn for its Real Estate Debt Fund IV.

Madison Realty Capital lends $585m for multi-use mega-project in Arizona

JLL arranged the financing for Five Star Development to finish the $2bn project development.

Borrower profile: RADCO set to bolster hotel portfolio

The opportunity is driven in part by what is going on in the debt markets, with financing more difficult to line up for sponsors than in years past.

For real estate investors, ‘credit is really resonating’

However, some institutions believe equity deals still are more attractive than debt investments in multiple respects.

Avison Young’s Singer: New York’s debt markets are open for business

While there is financing broadly available, not every project will find it available at a level that is comfortable for its existing owner.

Newmark preps UCC foreclosure sale for New Jersey development

The residential property is in Cherry Hill, New Jersey.

JLL lines up $350m financing for mixed-use development  

The borrower in the deal is American Lions, a joint venture between Fetner Properties and the Lions Group.