New York

Exclusive: S3 Capital closes $255m loan for New Jersey riverfront development

The funding will be used by Maxal Group to build the first phase of a $1bn mixed-use project in Edgewater, which includes a 25-story, 381-unit luxury apartment tower.

Brookfield closes $300m loan for Manhattan office-to-residential conversion

The funding will be used by Vanbarton Group to acquire and redevelop a Midtown office tower into a 441-unit residential property.

Benefit Street Partners investment trust set to close $1.1bn CRE CLO

FBRT will also finance an approximately $500m pool of assets with a money center bank as part of the deal.

Prime Finance lines up $1.4bn for latest short duration debt strategy

The New York-based manager exceeded its target at final close and is deploying capital toward mid-market real estate financing opportunities.

Blackstone names new CEO of BREIT

Katie Keenan was previously the co-chief investment officer of Blackstone Real Estate Debt Strategies and Blackstone Mortgage Trust.

Exclusive: Affinius, Axonic launch construction lending venture

The partnership is expected to align two firms’ expertise in mid-market construction financing.

SL Green, PGIM complete $1.4bn refinancing for 11 Madison

The partners tapped the CMBS SASB market to refinance maturing debt.

Loans in focus: Slate Property’s East Harlem medical office; Kayne Anderson’s Brooklyn bulk-up; PCCP’s Hoboken groundbreaking

JPMorgan and GoldenTree Asset Management are backing the new construction of a mixed-use medical office in Manhattan’s Carnegie Hill and East Harlem submarkets; Kayne Anderson is funding a planned luxury residential tower in Brooklyn; PCCP is putting up debt for a multifamily development in Hoboken, New Jersey; and more in our round-up of stateside loan deals from the past week.

Kayne Anderson leads $375m Brooklyn construction loan

The $495m financing package includes joint venture equity.