News

Pacifica lines up $126m hotel refinancing via Goldman, Peachtree

The seven-hotel portfolio is in Southern California and totals 601 rooms.

Cottonwood holds final close for special situations strategy on $1bn

The Los Angeles-based manager has used the fund to add exposure to logistics, data centers, multifamily and mixed-use assets.

Texas ERS names new head of real assets

Head of private real estate Amy Cureton takes over for longtime real assets lead Bob Sessa, who has retired after 25 years with the fund.

PCCP funds $162m construction loan for New Jersey multifamily development

Ironstate secured the financing for the development of a mixed-use residential project in NJ’s Hoboken submarket.

Kayne Anderson leads $375m Brooklyn construction loan

The $495m financing package includes joint venture equity.

New Acres, Axar partnership maps mid-market expansion strategy

The New York-based managers are looking at opportunities ranging from $15m-$100m.

Prime office markets are heating up. Has the comeback arrived?

The PERE Podcast highlights the outcast sector’s renewed momentum in New York, London and beyond, featuring Savills research director Oliver Salmon.

3650 Capital originates $32m mezzanine loan for Stamford multifamily property

The lender sees continued opportunities for development in select markets.

Starwood, the next generation

Barry Sternlicht and his successor, Jonathan Pollack, discuss the wide-ranging implications of the firm’s new leadership structure.

Realterm closes debut debt fund on $350m 

The Annapolis, Maryland-based logistics specialist raised the fund as part of an effort to expand its direct lending capabilities in the industrial and logistics sectors.