News Analysis

The live-work development’s funding includes a $155.5m C-PACE component.

The system has rebalanced its portfolio, increasing its private real estate debt target and decreasing that of its core real estate by 2% each way.

The pair, veterans of the Los Angeles-based real estate private credit manager, are planning an expansion while maintaining the firm’s core focus and values.

The financing marks the largest C-PACE deal to date in Nevada.

Tishman Speyer purchased 422 Fulton Street, a Brooklyn mixed-use property housing a Macy’s department store, in 2015.

Sponsors Metro Loft Management and David Werner will convert the former Pfizer headquarters in midtown Manhattan.

JPMorgan Chase structured the transaction via Freddie Mac’s Multifamily Q series.

Todd Henderson, co-global head of real estate at New York-based manager DWS, believes interest rates will be range-bound in the coming months.

The New York-based investment manager earlier this year completed two significant acquisitions, said Marc Zahr, co-president and head of real estate.

The firm is stepping into areas that were once more prominently the domain of banks.