Managers

The Textile Building received a bridge loan boost after its post-pandemic renovation with backing from PGIM, Tribeca Investment and Meadow Partners.

The New York-based manager is looking for construction lending opportunities in and beyond the stateside Sun Belt market for its next $10bn of volume.

LGPS Central, which invests on behalf of local government pension schemes, has allocated to the US manager’s CMI Europe.

Birmingham-headquartered firm says investors are seeking regionally focused real estate debt strategies.

The US manager provided the loan for a student housing development near the University of Central Florida that will be delivered in two phases.

Andrew Schwartz, the Melbourne-based manager’s co-founder, says Europe’s lending market offers significant scope for growth.

Josh Scoville, global head of research at the Houston-based manager, sees a more resilient outlook for the sector.

PERE’s editors share the biggest highlights from our newly integrated real estate capital markets service, which launched this week.

The £340m loan on EDGE London Bridge is the UK manager’s largest since establishing its debt platform in 2021.

The deal marked the Atlanta-based manager’s largest senior financing to date as it aims for a $3.5bn origination target in 2026.