News Analysis

The manager has acquired performing loans from the German bank in a landmark transaction.

The refinancing came as a package of senior loan and mezzanine debt.

The Tampa-based owner-operator raised more than $1bn for Sun Belt-focused multifamily investments.

The loan will be included in an upcoming commercial mortgage-backed securities deal.

Goldman Sachs Alternative has more dry powder on hand to expand its real estate lending presence with the final close of West Street Real Estate Credit Partners IV; JPMorgan Chase upsizes its Brooklyn debt book with a $430 million loan to back a three-tower Greenpoint development; Walt Disney World resort assets receive a fresh refinancing package with CMBS SASB deal backed by bank lending trio; and more in today’s Term Sheet, exclusively for our valued subscribers.

The New York-based private credit provider originated new loans for projects in Florida and New Jersey.

The New York-based manager aims to tap into credit opportunities arising outside of the US.

The loan comes as lenders see a niche to provide financing to help sponsors complete projects.

Closings are ticking up as borrowers re-enter the market, but wider activity is still tempered.

West Street Real Estate Credit Partners IV will have more than $7bn of lending capacity.