News & Analysis

Basis, Lion Creek origination partnership roars to life 

The two managers formed BIG Lion to optimize debt and equity opportunities using Basis strategies.

More CMBS issuance is a welcome indicator of a real estate recovery

A resurgent commercial mortgage-backed securities market should help foretell a broader real estate reboot.

Bridge picks up Florida apartments in deed-in-lieu deal

A New York multifamily firm gave the keys back to Bridge Investment Group after owning the apartments for three years.

Blackstone lines up $8bn for final close of BREDS V

CalPERS backed the manager’s latest debt strategy with a $1.5bn commitment, while Illinois, New Mexico and Ohio institutional investment funds also contributed to the fundraise.

JPMorgan, Starwood mortgage REIT write $2bn loan on CIM’s Utah data center campus

The funding will allow the CIM-led JV to add another 145MW to the project – output already spoken for by an unnamed hyperscaler.

Sunrise Realty charts aggressive expansion course

The Florida-based commercial real estate lender wants to double origination as it grows its lending base.

400 Capital Management closes its fourth private credit fund

The credit fund drew capital commitments amid a shifting regulatory environment.

Rockpoint JV taps Apollo for Wall Street multifamily loan

The Boston-based manager, in partnership with Brooksville, acquired the property in 2016 for $421.5m.

GCM, Artemis-backed Brasa closes third opportunistic fund on $580m 

The firm, run by former AEW execs, targeted public pension investors via emerging manager programs.

Wellington hires PIMCO team for debt platform launch

Ravi Anand and three other PIMCO alum will establish the Boston-based manager’s real estate credit presence and outline plans for a flagship strategy.