A Moody’s pre-sale report pegs the property’s value at around $320m, a steep decline from the estimated $1bn valuation 10 years ago.
2 min read · 07 July 2025
The financing originated by BREDS replaces prior senior debt from AIG and a mezzanine loan from Related’s credit funds business for the first phase of The Journal.
2 min read · 07 July 2025
Blackstone’s acquisition of $2bn in performing real estate loans from Atlantic Union Bank indicates defaults are not necessarily driving loan book sales.
3 min read · 03 July 2025
The multifamily specialist’s latest vehicle also marks the first time the firm is making rescue capital investments.
4 min read · 03 July 2025
The partners are responding to what they see as an urgent need to refinance maturing, over-levered loans.
3 min read · 01 July 2025
Meet the movers and shakers who had the biggest impact on the world’s private real estate capital markets during the most testing of decades.
10 min read · 01 July 2025
The manager originated $20m in mezzanine financing for a Phoenix-area deal and closed a programmatic credit facility with industrial specialist Phoenix Investors.
2 min read · 01 July 2025
In its latest sector outlook, the asset manager advises investors to forego broad allocations and take a more targeted approach.
4 min read · 01 July 2025
The Blackstone Real Estate Debt Strategies-linked deal follows Atlantic Union’s merger with Sandy Spring Bancorp and initiative to reduce real estate exposure.
2 min read · 30 June 2025
The financing adds to Madison’s original $112m construction loan to build the property in 2021.
2 min read · 27 June 2025
