Goldman Sachs Alternative has more dry powder on hand to expand its real estate lending presence with the final close of West Street Real Estate Credit Partners IV; JPMorgan Chase upsizes its Brooklyn debt book with a $430 million loan to back a three-tower Greenpoint development; Walt Disney World resort assets receive a fresh refinancing package with CMBS SASB deal backed by bank lending trio; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 16 May 2024
The New York-based private credit provider originated new loans for projects in Florida and New Jersey.
2 min read · 16 May 2024
The New York-based manager aims to tap into credit opportunities arising outside of the US.
3 min read · 16 May 2024
The loan comes as lenders see a niche to provide financing to help sponsors complete projects.
3 min read · 15 May 2024
Closings are ticking up as borrowers re-enter the market, but wider activity is still tempered.
3 min read · 15 May 2024
West Street Real Estate Credit Partners IV will have more than $7bn of lending capacity.
2 min read · 14 May 2024
The SASB CMBS deal was sponsored by a Tishman Hotel & Realty and MetLife IM joint venture.
2 min read · 10 May 2024
The Tokyo-based multinational bank provided the loan for a 25-asset industrial portfolio.
1 min read · 10 May 2024
Paramount plots the redevelopment of a New York office tower with $575 million of financing from Aareal Capital; Related, Kennedy Wilson and United Fire continue construction momentum in Miami’s Wynwood neighborhood with $141.5 million deal; senior housing continues to draw attention as 1031 Crowdfunding launches a bespoke bridge fund for the sector; and more in today’s Term Sheet, exclusively for our valued subscribers.
5 min read · 09 May 2024
The Paris-based bank is seeking to increase financing options for alternative lenders.
5 min read · 08 May 2024