New York

PGIM funds $222m refinancing for pair of Rudin-backed offices

The refinancing comprises a $140m loan and a $82m loan for two separate Class A properties in Manhattan.

Madison Realty funds $375m loan for Jersey City mixed-use tower construction

The New York-based manager has tracked nearly $1.03bn in originations over the past two weeks across hotel, multifamily and office-to-residential deals.

KRE Capital Management debuts with $425m fund and $1bn-plus lending capacity

The Klirmark Capital-partnered platform will focus on US construction and bridge loans across the multifamily and for-sale residential sectors.

Madison Realty funds $480m loan for Manhattan office-to-resi project

The firm is adding to its New York City conversion tally with 1740 Broadway’s reconfiguration into a 420-unit residential offering.

Trinity Church, one of New York’s biggest landowners, is bullish on RE credit

The endowment is also optimistic about resilient office assets and a market rebound amid renewed leasing momentum.

S3 Capital closes $131.5m student housing construction financing

The loan will fund Edge Property Group’s 276-unit, 321-bed project at 465 West 165th Street in Manhattan’s Washington Heights submarket.

Brookfield lands $1.9bn CMBS refinancing for Hudson Yards office 

The New York-based manager re-ups on its trophy office asset stake in the Hudson Yards submarket.

Naftali Credit Partners plans third real estate debt fund launch

The real estate credit lending arm of Naftali Group will target $1bn in capital commitments following a $302m raise for its prior installment.

Ladder Capital funds $268m financing for New York office acquisition 

Sovereign Partners is set to buy 575 Fifth Avenue for around $400m.