Regions

Blackstone’s McCarthy Baldwin to depart at year-end

The global co-head of real estate is leaving after a 15-year tenure, placing Nadeem Meghji into sole leadership of the manager’s real estate portfolio.

Mamdani win underscores need for affordable, middle-income housing

Commercial real estate private credit managers believe lower rates and declining construction costs will pave the way for housing development.

Fidelity Bancorp lines up $300m TCW investment to expand lending platform

The commitment will allow the firm to expand its lending capacity to $600m.

Scale closes $460m loan to fund Miami residential development

The financing will be used by Namdar Group to fund support construction and leasing for a pair of 43-story multifamily buildings in downtown Miami.

TPG Real Estate Credit holds final close on $2.1bn for latest strategy

The firm exceeded its initial target of $1.5bn for the opportunity fund.

LNL Capital taps into net lease debt niche, nears $1bn milestone goal

The firm is close to hitting $1bn in originations.

CIM Group hires Shanley for office-oriented real estate credit push

Prior to joining CIM, Shanley had long tenures at Haven Capital and SL Green Realty Corp.

Gaw Capital to wind down US, Europe institutional businesses

The Hong Kong-based manager is ‘going back to our roots’ by emphasizing its pan-Asia strategies for institutional investors.