Managers

Rithm Capital lands $515m refi for Manhattan office tower

Real estate private credit lenders helped complete the capital stack, which comprises a $415m CMBS loan, a $40m B-note and a $60m mezzanine loan, according to Newmark.

Iran ceasefire collapse reignites rate-hike prospects for European borrowers

Swap rates in the UK and eurozone rose on news of a collapse in the ceasefire agreement between US and Iran on July 8.

S3 Capital funds $111m construction loan for Miami multifamily tower

The loan from the New York-lender will be used by HA Emprendimientos to build its 26-story, 328-unit Sense22 development in the Edgewater submarket.

Minimal lender impact seen after instability issues at Pfizer office conversion

Madison Realty Capital originated a $720 million senior loan to finance Metro Loft and David Werner’s residential conversion of the New York office building.

Affinius closes $188m refi for New Jersey mixed-use complex

San Antonio-based manager continues its 2026 lending streak with a deal backed by PCCP, Claremont Development and Stanberry Development group.

Europe’s credit professionals seek employers with dry powder

Compensation improved moderately in 2025, data shows. But industry professionals are now looking for jobs in which they can close deals amid uncertainty.

Incus holds second close of €800m European asset-backed financing fund

The Spanish manager has raised 70% of targeted capital for the vehicle, which includes real estate lending in its remit.

More data will help spur Europe’s real estate lending market

The region’s institutional equity markets are reasonably transparent. The private debt markets must follow suit.

Kayne Anderson’s Rabil: ‘You either adjust or you die’

With the manager’s real estate arm set to be acquired by Bridgepoint in a $1.4bn deal, CEO Al Rabil says investors’ changing allocation habits are driving a need to scale.