News & Analysis

Ares funds $447m acquisition loan for SoCal retail trophy

A sponsor group including Redwood West, Panattoni and Prime purchased Victoria Gardens from Brookfield Properties and QIC in a $530 million deal.

ADIA commits up to $500m to Dignari Capital in private credit push

The Middle Eastern sovereign wealth fund has formed a separately managed account with the Hong Kong-based firm.

Peachtree closes $103m bridge loan for Miami Beach hotel completion

The funding will help recapitalize and fuel development of the 289-key Hilton Miami Beach Convention Center Hotel ahead of its May opening.

Avila holds second close of sequel real estate credit strategy at $200m

Toll Brothers, DR Horton and Century Communities have made investments in the debt fund as AREC aims to raise $1bn in commitments.

CenterSquare targets widening refi gap via $27m preferred equity deal

The firm will be part of a $135m capital stack backing a multifamily property in Philadelphia.

Madison Realty Capital funds $200m loan for West Palm Beach condo build

The luxury condominium property is backed by presold revenues and received competitive financing from the New York-based private manager.

LaSalle report cautions on prospects for higher rates as US-Iran conflict extends 

The Chicago-based manager notes a spike in oil prices could have a knock-on effect on the commercial real estate debt and equity markets.

LACERS commits $150m to real estate private credit strategies

The $27bn system is currently below its real estate target allocation.