New York

Bain, Smith Hill fund $235m refinance of Montauk resort

The funding will be used by BLDG and Metrovest for a Class A resort on Long Island.

Affinius closes $215m construction financing for Manhattan multifamily tower

The project’s capital stack also includes a senior loan from Kennedy Wilson and junior mezzanine financing from InterVest Capital Partners.

Tishman Speyer lines up $166m development financing for Queens project

The affordable housing development’s financing is being led by New York State Homes and Community Renewal.

Rithm Capital REIT closes largest-ever MSR securitization  

The New York manager has completed a $878m securitization backed by mortgage servicing rights.

S3 originates $300m construction loan for Queens mega-development

The funding will be used by KS Group and Alma Realty for the first phase of Astoria Cove project featuring four mixed-use rental assets.

S3 originates $210m construction financing for Brooklyn mixed-use project

The New York-based manager has steadily grown its East Coast lending book with development financing opportunities.

Franklin BSP acquires NewPoint to boost agency lending, servicing

The firm will use the transaction to expand its agency lending capabilities and tee up more exits through its mortgage REIT investments.

RMWC sets up flagship strategy via hybrid evergreen fund launch

CIO Steven Fischler says the firm is targeting a first close on April 1 as the firm bolsters its bridge and subordinate lending activity.

Basis, Lion Creek origination partnership roars to life 

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