News & Analysis

Pearlmark funds mezzanine component of super-tall mass timber construction loan 

Chicago-based manager was part of the capital stack for the construction financing on The Edison, a 378-unit, mass timber luxury apartment building in Milwaukee.

Madison Realty hires Cohen from Affinius to head asset, portfolio management

Industry veteran Brad Cohen will be integral for risk management and identifying growth opportunities.

Berkshire, Limekiln close $2bn bridge loan fund 

Fund is the largest the partners have raised since kicking off their partnership.

North Bridge, ACORE originate $161m loan for Las Vegas entertainment development

The financing for Fisher Brothers includes $108m of C-PACE capital.

S2 Capital acquires distressed apartments with $60m of rescue capital

The investment manager rearranged the capital stack and secured a debt infusion on five multifamily properties in the Sun Belt region.

Barings’ Alamgir: Office will be a recovery story in 2025 

Market participants will have a more positive outlook in the sector going forward to 2025, given the increasing office leasing and usage rates.

The golden range

The benchmark 10-year Treasury needs to be reliably in a range of 4-4.5% for transaction activity to resume.

Brookfield originates $484m refinancing for Bay Area life science complex

The JLL-brokered deal for Genesis Marina is backed by a JV between Phase 3 Real Estate Partners and Bain Capital Real Estate.

JVP, Hudson Bay originate $291m financing for mixed-use Miami project

Terra will use the permanent financing for the first phase of its Centro City development.

Tishman Speyer lines up $2.85bn to refinance Hudson Yards trophy

The New York-based investment manager secured another major commercial mortgage-backed securities loan followed by its $3.5bn refinancing on the Rockefeller Center.